Direct Lending – ConsumerFinitive and Vervent Announce Strategic Partnership

BusinessWire BusinessWireJune 4, 20202 min

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

“There is so much knowledge in this industry,” said David Johnson, CEO & Founder of Vervent. “Finitive and Vervent want to share it and use our collective resources and experience to open up alternative lending to new players and opportunities that will enhance our industry.”

Finitive and Vervent have long been allies in the financial space so the decision to expand their partnership doesn’t come as a surprise. Mr. Johnson is an Advisory Board Member for Finitive, and Mr. Barlow and the Finitive team have worked countless deals with the Vervent team to support their clients with financial service solutions.

“Deepening our partnership with Vervent makes a lot of sense. The combined power of Vervent’s advanced portfolio servicing with Finitive’s network and proficiency in private credit transactions will allow us to widen our collective scope to new industries and geographies,” said Jon Barlow, Founder and CEO of Finitive. “We have a successful history of working well together and know that we can expand that to provide education and prompt new ideas and deals.”

The partnership between Finitive and Vervent will focus on education and collaboration within key markets that have been historically underserved, including the solar space, Canada, secondary portfolio sales and Latin America.

BusinessWire

BusinessWire

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