Finitive hired Todd Stokes, Ph.D., as its chief data officer. Stokes will lead the formation of an analytics organization to leverage third-party and proprietary data, machine learning and algorithms to advance and accelerate how investors gain access to and lend to private credit borrowers.
Finitive, a data-driven private credit marketplace connecting borrowers with institutional investors, hired Steve Yampolsky as head of engineering and Chris Benjamin as principal software architect.
Finitive, a data-driven private credit marketplace connecting borrowers with institutional investors, hired Jon Burlinson as chief information officer and Joshua Masia as chief product officer.
Sterling Bancorp provided a capital investment to Finitive, a data-driven private credit marketplace providing institutional investors with direct access to private credit transactions.
Finitive, a fintech platform providing institutional investors with direct access to private credit transactions, facilitated a $50 million senior secured revolving line of credit with an accordion feature of $100 million to TRADE X, a global B2B automotive trading platform.
QuadPay, a U.S.-based payment installment platform, has secured a senior secured committed revolving line of credit of up to $200 million from Goldman Sachs, with mezzanine financing provided by Oaktree Capital.
Vervent entered a partnership with Finitive to further promote collaboration and inclusion within the fintech industry.
Finitive closed a $100 million senior secured warehouse line of credit for its client, Platinum Auto of Tampa Bay, FL.
Fintech lending platform Finitive appointed Steven Lee to lead the company’s San Francisco office and Guido Geissler as head of capital markets based in New York.
Fintech company Finitive launched its zero-fee alternative lending investment platform. It received commitments for transactions with an aggregate capacity of $1.3 billion.