NEW YORK, Nov. 12, 2018 -- Finitive (www.finitive.com), a financial technology platform providing institutional investors with direct access to alternative lending investments, announced today that David Johnson, CEO of Vervent, has joined its advisory board. Vervent is the fastest growing loan servicer in the country and a leader in the application of AI strategies in private credit markets. As an industry leader in the loan servicing and fintech sectors, Johnson will advise Finitive on artificial intelligence, strategic initiatives and operations.
"I have known the Finitive team for many years, and admire the leading and innovative role they continue to play in institutionalizing the alternative lending sector," said Johnson. "Finitive's technology platform solves a major industry problem by making capital raising and investing into this highly inefficient market simple."
Johnson has over 25 years of experience across various industries including technology, finance and artificial intelligence that gives him unique insight into today's financial landscape.
"David shares Finitive's vision of bringing innovation, speed and transparency to the alternative lending industry," said Jon Barlow, Founder and CEO of Finitive. "His understanding of such rapidly evolving industries will prove indispensable as Finitive continues to scale."
Prior to Vervent, Johnson worked at McKinsey & Company and Bain & Company. He earned his MBA from the Stanford University Graduate School of Business and BS from UC Berkeley.
Finitive is a financial technology platform providing institutional investors with direct access to alternative lending investments. Through Finitive, institutional investors access a multi-trillion-dollar market that encompasses a broad spectrum of non-bank lending sectors, including specialty finance, online lending, marketplace lending, and private credit funds. Finitive's originator partners gain efficient access to a global network of investors who are actively allocating to alternative lending. All regulated activities are conducted through North Capital Private Securities, a registered broker-dealer and member FINRA/SIPC. For additional information, please visit Finitive's website at www.finitive.com.