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Press Coverage | 11 Sep 2024 | Hannah Gannage-Stewart at Alternative Credit Investor
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Nera Capital secures £20m funding line from Fintex Capital

Nera Capital secures £20m funding line from Fintex Capital

Strengthening Litigation Finance with a Strategic Partnership

The partnership marks a significant milestone for both companies as demands for law firm financing are growing.

Through this investment, Nera Capital will be able to expand its reach and diversify its funding sources, which enables it to bring the benefits of capital and expertise to a wider set of consumers.

Fintex Capital’s Role in Expanding Private Debt Investments

For Fintex, this is the third UK funding line of around £20m. Fintex Capital’s flagship fund, Fintex Private Debt, fully supports this investment, reinforcing its strong position in the alternative credit market.

“This granular, insurance-backed financing provides vital funding to consumers when they need it most,” said Fintex Capital chief executive Robert Stafler. “It enables them and their lawyers to bring justice to families who, without Nera’s support, would be unable to seek redress.”

 

 

Expanding Nera Capital’s Reach in Litigation Finance

Aisling Byrne, Director of Nera Capital, emphasised:

“With this additional funding line, we are in a stronger position to make justice more accessible. Moreover, this investment enhances our diversification and allows us to take on more cases.”

“We have secured underwriting from leading institutional lenders. As a result, this fresh capital allows us to explore new opportunities in litigation finance and support a broader range of legal claims.”

Expert Legal & Financial Advisors

Walker Morris, Mason Hayes & Curran, and Copsey Murray Chartered Accountants advised Nera Capital on this investment.

Fintex Capital received advisory support from Fox Williams and Mason Hayes & Curran.

Read more on: alternativecreditinvestor.com


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Adam Marks
adam.marks@fintexcap.com
+44 203 008 6873

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