$Carlyle Group LP(CG)$ and $Citigroup(C)$ announced on Thursday a collaboration in the fintech specialty lending space to explore asset-backed financing opportunities. The two firms signed a framework agreement to exchange market intelligence and leverage Citigroup’s tech investment arm, Spread Products, along with Carlyle’s credit and structured finance expertise. This partnership aims to strengthen their competitive edge in fintech financing, making it a development worth watching.
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