Carlyle, Citi form asset-backed finance partnership for fintech lenders

The partnership formed following Carlyle’s September purchase of home equity sharing company Unison.

The asset-backed finance arm of Carlyle and Citibank’s venture investment arm announced that they have formed a partnership targeting asset-backed finance opportunities for fintech specialty lenders.

Citi’s SPRINT – Spread Products Investment in Technologies – alongside Carlyle Asset-Backed Finance have formed a framework to share investment opportunities as well as seek out co-investments and financing opportunities.