Citigroup, Carlyle to collaborate for asset-backed financing to fintech lenders

3 weeks ago 1
Aerial view of Citibank building in downtown

Andy Feng/iStock Editorial via Getty Images

Citigroup (NYSE:C) is set to collaborate with the investment firm Carlyle (NASDAQ:CG) for the provision of asset-backed financing opportunities to fintech specialty lenders.

The two companies have formalized a framework to exchange market intelligence and explore co-investment and financing opportunities.

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