US private credit marketplace Finitive hires Asstez Capital co-founder to lead Europe expansion

The firm is aiming to develop its relationships throughout Europe with non-bank lenders seeking financing.

Private credit marketplace Finitive, which connects borrowers seeking capital with investors in loans, has hired Andrew Holgate as its new managing director, leading its expansion into Europe. 

Holgate, co-founder of peer-to-peer lender Assetz Capital in 2012, will manage Finitive’s relationships throughout Europe with non-bank lenders seeking financing, such as speciality finance companies, online lenders, marketplace lenders and private credit funds. 

“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 Finitive founder and CEO Jon Barlow. 

“European fintechs will benefit from partnering with Finitive to gain efficient access to the 650+ institutional investors on our platform that are actively allocating to private credit.”

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. He left Assetz Capital in 2018.

“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.