Fynsa
Technology is an essential part of our daily lives. From a phone call that connects us with our loved ones to the help of a robot that makes cleaning easier.
Likewise, we see the list of new technologies growing every day. Robots, augmented reality, and algorithms, among others, help people in a wide variety of tasks. These technologies are wide-ranging and far-reaching in their potential to transform businesses and human lives.
However, along with the development of new technologies, an important question arises: Is technology making us obsolete?
There are different points of view on this issue. Although there will always be someone to create, manage and supervise these technologies, there are those who see them as a direct threat to their jobs. Many jobs may tend to disappear due to technological advancement, but at the same time, it will generate new positions, such as big data and data mining analysts, network managers, IT, systems technicians, among others. In a few more years, work may have been transformed, but people will still be needed to manage the digital world.
Given this scenario, we must see progress as an opportunity. This is how the so-called "Fintech" companies have been able to make their way in the face of this constant change, taking advantage of each advance and incorporating it into their daily functions. These companies use technology to improve or automate their financial services and processes, ranging from alternative financing platforms for companies, and financial education and health applications, to fully digital banks.
Although this sector is relatively new, it has experienced exponential growth in recent years, despite the difficulties faced by Fintechs in financing themselves in their first years of life. This is how a new financing model was born: venture debt. This consists of injections of financing for the growth of the company, assuming the risk from the point of view of entrepreneurial capital, based on the great growth potential that this type of company possesses. An important point to highlight is that, unlike bank credit, venture debt can be a viable option for companies that do not yet have assets as collateral or positive cash flow. This financing is provided through the acquisition of assets originated by these companies, which allows them to have the resources to continue providing financing to individuals and/or SMEs.
That is why in FYNSA we are committed to progress, to a conscious growth that supports this new market, knowing that technology and human capital go hand in hand. This continuous technological development allows us to improve the lives of thousands of people, and at FYNSA we want to be part of that. Our Venture Debt Latam Fund supports 7 originators, giving new financing opportunities to different Fintechs and, at the same time, allowing our contributors to invest in different private debt assets in the Latin American and US market, betting on the diversification of assets and, therefore, reducing the risk that this type of investment means.
