Corporate

Finitive Named in Financial Technology Report Top 100 Companies of 2022

Finitive today announced that it has been named as one of the Top 100 Financial Technology Companies of 2022 by the The Financial Technology Report.

Institutional Investors Look to New Direct Lending Asset Classes Amid a Shortage of Deals

Revenue-Based Loans Expand Access to Capital for Fintechs

Finitive Launches Alternative Lending Investment Platform with $1.3 Billion of Initial Transaction Volume

Initial platform transactions will focus on the consumer, renewable energy and commercial real estate lending sectors

Finitive Taps CEO Of Vervent As Strategic Advisor

David Johnson brings 25+ years of experience to growing financial technology platform

Finitive Appoints Neil Wolfson to Board of Directors

"Finitive has established an innovative platform to provide institutional investors with direct access to alternative lending investments"

Finitive Announces Expansion of Senior Leadership Team

The rapid expansion of our platform over the last several months has required us to add to our team of senior investment professionals.

Finitive Raises $6 Million Series Seed Round Led by Atomic Labs

Finitive's technology platform improves the investor and originator experiences by accelerating closing speeds and lowering transactions costs.

Finitive Closes $2 Million Venture Debt Round With Silicon Valley Bank

Brian Madocks, CEO of eOriginal, Joins Board of Advisors

Finitive Facilitates $100 Million Loan in the Equipment Leasing Sector

Finitive's platform, which includes a network of 500 institutional investors, allows it to efficiently match non-bank lenders with investors based on criteria such as asset class, loan size, target yield range and more

Finitive and Vervent Announce Strategic Partnership

Vervent is pleased to announce a partnership with Finitive to further promote collaboration and inclusion within the Fintech industry

Protecting Investors Against Fraud in Direct Lending Transactions

For institutional investors, direct lending provides an opportunity to diversify and gain yield - especially in a period of historically low interest rates.

Finitive Facilitates Credit Facility for Buyer of Distressed Small Business Loans

The specialty finance company will use the capital to purchase distressed and non-performing portfolios from non-bank MCA lenders

Goldman Sachs, Oaktree Capital Close up to $200 Million Debt Facility for QuadPay Through Finitive Platform

QuadPay will use the facility to expand its buy now, pay later business to new merchants across the US

FirePower Capital Secures Over C$250 Million Commitment Through Finitive Platform

FirePower will use the new capital - in excess of C$250 million - to provide secured term loans to "asset-lite" mid-sized Canadian businesses, and to purchase loan portfolios from distressed secondary sellers

Lakeport Capital Secures $175 Million Joint Venture Through Finitive Platform to Buy Distressed Mortgages

Capital for the joint venture will be provided by a division of a top 50 global bank, as well as by Lakeport's principals

As Residential Mortgage NPLs Increase, Investors Take Note

Despite tighter lending standards, the COVID-19 crisis has left many banks holding non-performing residential loans (NPLs). As the pandemic continues and job creation stagnates – or in the case of some sectors, declines – U.S. mortgage NPLs are likely to increase.

Marketlend Secures Over A$200 Million in Funded Capital

The capital, provided by a consortium of global investors assisted by Finitive, has expanded Marketlend's ability to provide short-term credit facilities to SMEs in Australia

Finitive Facilitates New Growth Capital for TRADE X, a Global B2B Automotive Trading Platform

A new line of credit, secured through the Finitive private credit platform, will provide dedicated capital for TRADE X to expand its global B2B automotive trading platform across North America

Finitive Announces Engineering, Software Hires.

Finitive appoints Steve Yampolsky as Head of Engineering and Chris Benjamin as Principal Software Architect to advance the platform’s deal-matching capabilities and growth

Finitive Names Todd Stokes, PhD as Chief Data Officer

Dr. Stokes will advance and accelerate how investors use Finitive’s data-driven marketplace to gain access to private credit opportunities and connect with borrowers.

Finitive Receives Strategic Investment from Sterling Bancorp

Finitive will deploy the new capital to advance its private credit marketplace, providing digitized deal sourcing, screening and due diligence for investors.

Finitive Facilitates $30 Million Line for Global Supply Chain Finance Company

Finitive's platform allows it to efficiently match investors with private credit opportunities.