Carlyle and Citi Forge Partnership in Asset-Backed Fintech Lending

Global investment firm Carlyle and banking giant Citi have entered a strategic collaboration to explore asset-backed financing opportunities in the fintech specialty lending sector. The partnership leverages Carlyle''s credit structuring expertise and Citi''s SPRINT team, a notable venture equity investor in fintech lenders.

"This alliance combines best-in-class platforms to address growing demand for scalable financing solutions," said Akhil Bansal, Carlyle''s Head of Asset-Backed Finance. The collaboration aims to support maturing fintech lenders seeking efficient growth capital through tailored asset-backed structures.

Citi''s Lee Smallwood highlighted the synergy between their SPRINT venture team and traditional finance capabilities, positioning the partnership to serve emerging fintech leaders across capital structures. The MOVE reflects institutional recognition of fintech lending''s maturation as an asset class.