“Our collaboration with Citi brings together two best-in-class platforms to unlock growth in one of the most dynamic areas of private credit,” said Akhil Bansal, Head of Asset-Backed Finance at Carlyle. “Demand for scalable and tailored asset-backed financing solutions from fintech lenders has increased as they mature and seek efficient ways to fund their growth. By combining our deep credit and structuring expertise with Citi’s leading presence in the fintech investment landscape, we’re well-positioned to capture emerging opportunities and support the next generation of financial technology leaders.” 

“The strategic connectivity of our SPRINT team to our asset-backed finance business enables us to seamlessly share expertise and fulfil the financing needs of tomorrow’s fintech leaders across the entire capital structure,” said Lee Smallwood, Head of Markets Innovation & Investments.

“This collaboration leverages the best of both our firms. Through the scale of our franchise, we are uniquely positioned to unlock opportunities by bringing the dynamism of innovative tech platforms to an established global leader such as Carlyle,” said Rajiv Amlani, Head of Private Markets Coverage at Citi.