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.
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.