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Ferovinum

Can a vertical fintech become the financial and operational OS for the global drinks industry by combining inventory-backed working capital with logistics, operations and workflow software?

Founded2018
HQLondon, United Kingdom
FoundersMitchel Fowler, Daniel Gibney
Total raised£17.5M equity + $550M debt securitisation
Latest roundSeries A, 2024
IndustryVertical SaaS / Drinks (Wine & Spirits)
The story

Founded in 2018 as an inventory-finance fintech narrowly focused on the UK wine and spirits sector, Ferovinum built a structured-finance bridge between capital markets and physical drinks supply chains. It scaled debt capacity from a 2021 BCI facility to a £100M NatWest-led syndicate (2023) and a $550M Pollen Street securitisation (2025), the latter unlocking US/EU/AU expansion. In November 2025 the company rebranded as 'Fero' and broadened its scope from pure working-capital finance into a four-pillar drinks operating system: Funding, Logistics, Operations and Workflows.

Last 12 months
2025-06
2025-11
2024-09
Product timeline
2018
Ferovinum founded by Mitchel Fowler and Daniel Gibney to provide inventory finance for wine and spirits· founding
2021
Launched BCI Finance facility for scaling inventory funding· lending
2023
£100M syndicated facility with NatWest as lead bank, plus Barclays and Shawbrook· lending
2024
£17.5M Series A led by Notion Capital· funding
2025
$550M asset-backed securitisation with Pollen Street Capital; geographic expansion to US, Europe and Australia· lending
2025
Rebranded from Ferovinum to Fero (November 2025)· pivot
Regulated entities
1
regulatory licence held by Ferovinum
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Ferovinum’s embedded-finance stack
Lending
Ferovinum (in-house)Inventory-backed working capitalSupply-chain financing for wine & spirits
Unified APIs
in the full report
Accounting gap: significant
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.