Sync’s launch translates Percent’s recent successes in helping first-time institutional issuers secure over $284 million in funding, bringing the same unparalleled access and toolset to the entire private credit industry on a revolutionary open platform.
Percent, the capital markets platform changing a multi-trillion-dollar loaning industry, reports the arrival of its comprehensive Sync stage to additionally accelerate the development of the present most creative fintech lenders and financing organizations as they keep on upsetting the business. Subsequent to bringing $12.5 million up in Series A funding this previous April in a round co-drove by White Star Capital and B Capital Group, the three-year-old capital business infrastructure supplier directed its endeavors into building Sync, a comprehensive, first-of-its-kind software and services suite for specialty finance companies.
“Since launch, we have listened to our originator partners on what types of tools and technology would best serve as a catapult for growth,” says Nelson Chu, Founder and CEO of Percent. “Sync is our answer. Specialty finance companies are the heart and soul of our business, and we’re thrilled to now offer this transformational product built with features to solve for the major pain points lenders face throughout their debt capital markets life.”
The launch of Sync enables fintech lenders of any size on Percent’s platform to raise the most flexible debt capital at a low cost through dynamic market pricing and standardized terms. In a multi-trillion-dollar industry rife with inefficiencies, Percent and its Sync platform are setting the benchmark for streamlining the growing non-bank lending space.
“Sync was developed to give our partners seamless access to a wealth of market data on how other deals are being priced and the true market demand for their assets,” says Gary Reifman, Percent’s Head of Product. “At the same time, they can also use the platform to raise debt capital and scale these issuances with ease. Lenders can now watch their order book build in real time, capitalize on Percent’s bespoke workflow tools to ensure complete compliance across all market participants, and augment their team with the power of Percent’s best-in-class capital markets team.”
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