FintekNews is pleased to offer our weekly feature column 3 Questions. Each week, we feature a thought leader within a unique sector of fintech and ask them to answer just 3 questions for our audience in their vernacular. This week, we’d like to introduce you to Jon Barlow, Executive Chairman and Founder of Finitive, a financial technology platform providing institutional investors with turnkey, zero-fee access to alternative lending investments.
NAME:
Jon BarlowTITLE:
Executive Chairman and FounderCOMPANY:
FinitiveWEB ADDRESS:
www.finitive.comWhat does your firm do/offer within the fintech sector?
Finitive is a financial technology platform providing institutional investors with access to highly vetted alternative lending transactions on a zero-fee basis. Through Finitive, institutional investors access a multi-trillion-dollar market that encompasses a broad spectrum of non-bank lending sectors, including specialty finance, online lending, marketplace lending, and private credit funds. Finitive’s originator partners gain efficient access to a global network of investors who are actively allocating to alternative lending. All regulated activities are conducted through North Capital Private Securities, member FINRA/SIPC. For additional information, please visit Finitive’s website at www.finitive.com.
What do you believe the next major innovation in financial technology will be and why?
Institutional investment into alternative lending is highly inefficient, requiring lenghy and complex due diligence processes. We believe the application of technology and artificial intelligence to this sector will make investing and raising capital in the sector simple and efficient, substantially reducing the amount of time and money that market participants – both investors and originators – spend closing transactions."
What has been the biggest success in your firm to date?
In our first 9 months since commencing operations, we have received commitments for transactions with an aggregate capacity of $1.3 billion with broad participation from several banks and asset management firms.
Prior to founding Finitive, Mr. Barlow was the founder and CEO of Eaglewood Capital Management, a $2 billion AUM investment firm that completed the first P2P securitization and pioneered algorithmic and programmatic trading of direct lending investment strategies. Eaglewood was sold to Marshall Wace.