Toscafund Asset Management is a specialist investment management firm with offices in London, New York, Manchester, Melbourne, and Hong Kong. Founded in 2000, the firm backs private challenger and fintech companies across public and private markets.
Portfolio
4
companies
AUM
£4.5B
under management
Atom
Atom operates as a digital app-based retail bank providing mortgages and savings products.
CellPoint Digital
CellPoint Digital develops payment orchestration software for airlines and travel companies.
INSTANDA
INSTANDA provides a no-code core insurance platform for the global insurance industry.
VoxSmart
VoxSmart delivers communications surveillance technology for financial institutions.
Martin Hughes
Founder
Fabrizio Cesario
Partner
Fabrizio brings investment and asset management experience from roles at Toscafund Asset Management and AnaCap Financial Partners.
LinkedInThe funding round was led by Toscafund and Penta Capital to drive international growth and modernise airline retailing.
"CellPoint Digital has continually solidified its leading market position and demonstrated its ability to expand aggressively and responsibly"
The funding round was backed by existing investors such as Toscafund.
"VoxSmart has significant experience in assisting global market participants with these incredibly complex matters,"
The funding follows a £75m raise in February and will support ongoing growth and retail lending.
"I’m delighted that the bank’s continued success means that BBVA, Toscafund and Infinity Investment Partners have added to their stake in Atom, and taken new capital investment during 2022 to over £100m. Our prudent, secured lending model, backed by award winning retail savings allows us to make the very most of capital to support income growth and boost customer numbers. This will remain our focus."
The funding round was led by Toscafund with participation from Dale Ventures.
"INSTANDA’s no-code insurance core platform was built by insurers for insurers based on the belief that technology should be used to accelerate change and innovation at low cost. This is what sets INSTANDA apart from the crowd. No other platform allows carriers and MGAs across all lines of insurance to fully embrace the diversity of insurance and respond to the anticipated change in consumer needs and behaviour."
Toscafund and Penta Capital back CellPoint Digital with a £18.5m growth private equity injection.