Private credit marketplace Finitive has appointed alternative finance veteran Andrew Holgate as managing director, head of Europe.
The US-headquartered firm connects institutional investors with an array of private credit opportunities, including specialty finance, online lending, marketplace lending, and private credit funds.
Finitive said that Holgate (pictured) will develop and maintain its relationships throughout Europe with non-bank lenders seeking financing. His role will be based in the UK.
Holgate brings 20 years of operational and lending experience in both traditional and alternative finance, including roles at GE Capital, Euler Hermes and RBS Group. In 2012 he co-founded peer-to-peer lending platform Assetz Capital.
He left the platform in September 2018, then the following year founded fintech consultancy and advisory business Equitivo. Most recently he was a consultant at The House Crowd.
According to Holgate’s LinkedIn profile, he will continue as chief executive of Equitivo while working at Finitive.
“Andrew’s experience and relationships in the European lending and fintech markets will support Finitive’s objective to expand its platform to more borrowers globally,” said Jon Barlow, founder and chief executive of Finitive.
“European fintechs will benefit from partnering with Finitive to gain efficient access to the 650 plus institutional investors on our platform that are actively allocating to private credit.”
“Finitive’s mission to make private credit transactions fast and accessible through technology and proprietary data is revolutionary, and is a welcome and much-needed addition to the European market,” said Holgate.
“The Finitive platform vastly shortens the time it takes for borrowers and investors to find each other. I’m thrilled to bring my experience and lending knowledge to the Finitive team.”