“We see the ability to leverage our market knowledge and extensive networks to offer customized financing solutions to both our evolving client base and new entrants in the market, underscoring our dedication to supporting companies at every stage of their growth journey,” said Kyle Brown, Chief Executive Officer of Trinity.

Spearheading Trinity’s Sponsor Finance initiative is seasoned industry veteran Chris Erro, joining as a Senior Managing Director based in the firm’s San Diego office. With over 20 years of experience across the capital markets and corporate finance, Mr. Erro has successfully managed and closed leveraged buyout transactions totaling more than $2.5 billion. Joining him on the Sponsor Finance team are Jorge Sandoval as Senior Managing Director, Credit & Portfolio, and Will Cook as Director, Credit & Portfolio.

“We are proud of Trinity’s growth to date and are excited to continue investing in our platform’s capabilities to bring capital solutions to even more companies,” added Brown. “The establishment of our Sponsor Finance vertical with the addition of Chris, Jorge, and Will is a key step in our ongoing commitment to enhance the Trinity platform comprehensively. In addition, we are significantly investing in technology and infrastructure, alongside expanding our team, to build a robust and scalable foundation for the long term. This allows us to optimize our operations and capitalize on new investment opportunities that offer substantial value to our shareholders.”

“I am thrilled to join Trinity to build out the firm’s Sponsor Finance capabilities as a complement to its established growth capital platform,” said Mr. Erro. “As the lending market continues to diversify beyond traditional banks, the ability to provide capital solutions to later-stage, private equity-backed companies represents an exciting opportunity, and I look forward to working with Trinity’s talented team to bring the benefit of these investments to the firm’s shareholders.”

“I am excited to be a part of the Trinity team and look forward to contributing to their well-established and robust credit and portfolio management processes and strategies,” said Mr. Sandoval.

Mr. Erro brings a wealth of experience from renowned firms in the industry, most recently as a Senior Director in the Corporate Finance group of Ally Bank, where he cofounded the Technology Finance practice in 2015. Prior to Ally Bank, Chris was an early team member of Square 1 Bank, joining in 2006 shortly after the bank’s founding. Chris held multiple roles at Square 1 Bank, including overseeing the Southern California region for the bank and playing a senior role in the national Structured Finance group.

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Nuvei’s flagship Accounts Receivable Automation suite is built with the intent of helping customers manage and improve DSO (Days Sales Outstanding). The launch of Invoice Financing represents an off-balance sheet extension of this solution, providing new and existing customers with a high degree of certainty to same day or next day cash.

Invoice Financing has emerged as a crucial tool for businesses to scale as they seek innovative solutions to manage their finances effectively during a period of high interest rates. With one click, Nuvei’s Invoice Financing solution enables businesses to expedite payments from any customer invoiced through their ERP. Invoice Financing from Nuvei ensures that businesses not only receive the cash they need promptly, but they also benefit from uniquely favorable rates made available by existing payment transaction data.

The key benefits and features of Nuvei’s integrated Invoice Financing services include:

• Instant access to capital: Businesses can gain access to cash within 24 hours by converting outstanding invoices into immediate working capital, enabling them to address immediate financial needs such as paying suppliers, covering operational expenses, or seizing time-sensitive business opportunities.
• Enhanced cash flow management: With one-click invoice financing seamlessly integrated into the ERP, businesses can maintain a healthier cash flow by converting outstanding invoices into immediate working capital.
• Seamless integration with existing workflows: Loan and repayment general ledger (GL) entries are automatically reflected in the ERP system and associated with the financed invoice.

The integration process features frictionless onboarding and quick funds disbursement within 24 hours of choosing to finance an invoice.

“Our mission is to bring our customers closer to their customers through our proprietary payments technology and solutions, and to enable them to accelerate their growth,” commented Philip Fayer, Nuvei Chair and CEO. “By integrating our Invoice Financing services with leading ERP platforms, we’re empowering businesses to unlock financial flexibility and optimize their cash flow management, ultimately supporting their success in the ever-evolving business landscape.”

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SMBs often migrate to larger banks seeking stability, yet they are traditionally underserved, frequently encountering significant challenges such as limited access to credit and capital and burdensome fees that erode profit margins. Due to the lack of support and tailored solutions, SMBs face the risk of delinquency. Recognizing these gaps, Revenued’s marketplace steps in where traditional banks fall short.

“As banks continue to tighten their offerings, it has become increasingly imperative to provide SMBs with alternative avenues for success,” said Sol Lax, CEO of Revenued. “Revenued is committed to providing SMBs with support beyond financing solutions such as banking, insurance, compliance and marketing. Our new marketplace empowers SMBs unique insight into solutions that best suit their individual needs.”

At its inception, Revenued’s marketplace concentrates on three verticals: banking, insurance and compliance, providing small businesses that are traditionally underserved, with a curated list of vendors and platforms that offer small business solutions. Additionally, Revenued customers will have exclusive access to discounted services and special offers.

Later this year, Revenued intends to expand the marketplace offering by incorporating additional verticals. The expansion aims to provide small and medium-sized businesses with access to essential resources that will drive their long-term growth and stability. For more information about Revenued and financing solutions.

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Kenyon has a storied career with notable positions at Seattle Mortgage, Countrywide, and Bank of America. His leadership has been crucial in guiding companies through acquisitions and expanding into home building. Since joining Sound Capital in 2018, his passion for construction and innovative financing solutions has significantly contributed to the company’s growth and leadership in new construction lending.

Under Kenyon’s guidance, Sound Capital is set to expand its services and further establish itself as the preferred financial ally for midsize home builders in rapidly expanding U.S. markets. Targeting builders facing challenges with traditional bank lending, Sound Capital offers adaptable, profitable financing options to speed construction timelines and boost client profitability.

“I’m deeply honored to assume the President role at Sound Capital,” Kenyon remarked. “It’s a chance to leverage our team’s capabilities and creativity to better meet our clients’ needs, always prioritizing their requirements in our operations.”

Kenyon will spearhead Sound Capital deepening its commitment to exceptional service and broadening its support to more home builders. His dedication to home building and understanding of builders’ entrepreneurial spirit uniquely equip him to lead Sound Capital into a future as a vital contributor to the construction industry.

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Skeps’ platform provides a suite of technology solutions for both merchants and lenders. Merchants can offer financing options ranging from Pay-in-4 to longer-term loans with one simple integration. Banks can use Skeps as their answer to branded BNPL platforms or grow their unsecured lending portfolio.

Skeps’ patented technology simultaneously evaluates multiple financing options and provides credit at the start of the shopping experience, which drives conversions, while minimizing declines. Skeps has sourced and enabled its lenders to evaluate over one billion dollars’ worth of loan applications over the last eighteen months.

“We are excited to welcome Bertelsmann India Investments to the Skeps family for this latest round. With this latest fundraise, Skeps will increase our ability to serve clients by providing them the next generation in POS financing solutions that can be readily deployed on their own merchant site, physical stores, or any partner platform where their customers are shopping,” said Tushar Srivastava, CEO of Skeps.

Rohit Sood, Partner at Bertelsmann India Investments said, “Skeps is the most innovative point-of-sale financing solution we have come across over the past few years. We are super impressed by the vision and execution of Tushar, Mayank, and Prerit who formed exactly the right team to deliver such a disruptive product. We have tracked them for over a year and are delighted to partner with them in this journey.”

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Jifiti’s seamless point of sale credit solution, through the use of virtual card technology, is already being used by global retail brands and leading banks across Europe and the US. It drastically shortens the lengthy and complex process of integration when implementing a POS financing solution both online and in-store.

Banks and lenders are able to utilize the platform to scale their loan program by onboarding and launching a POS loan program for any merchant within a matter of days. Leading European banks are already offering loan programs at merchants’ point of sale via the Jifiti platform.

Merchants enjoy the benefit of increasing sales both online and instore by offering a fully branded pay-over-time solution without the need to dedicate IT resources or implement new hardware. Through Jifiti’s partnership with Mastercard, funds are seamlessly transferred to the merchant as a regular transaction no matter what type of point of sale system is used.

“We’re proud to be partnering with world-class retailers and banks in the European market.” shared Yaacov Martin, Co-Founder, and CEO at Jifiti. “Together we are bridging the gap between retailers, consumers, and lenders by offering a zero-integration platform. The focus is to make banks’ financing options easily available at any point of sale, without the hassle and complexities of integration processes.”

Simon Forbes, Senior Vice President, Business Development, Merchants at Mastercard Europe added: “We are delighted to collaborate with Jifiti in Europe as this partnership allows us to deliver seamless check-out financing experiences for consumers. Jifiti’s ease of integration with both retailers and lenders, coupled with Mastercard’s virtual prepaid card technology, enables consumers to make purchases, manage finances, and pay-overtime through instantly approved installment loans. It’s a win-win for all the stakeholders.”

About Jifiti
Jifiti is an emerging fintech company with offices in Columbus, Ohio and Israel. Its proprietary financing platform is changing the way lenders and retailers implement consumer financing at the point-of-sale. The end-to-end solution works seamlessly with any existing POS or e-commerce system, eliminating the integration process between lenders and the retailer’s systems. Jifiti operates in North America and Europe, supporting global retail brands and financial institutions. Learn more about Jifiti at http://www.jifiti.com

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“Despite growing interest in the potential of short-term, skills-based training among students, employers, and policy makers, financial access too often remains a barrier for learners who stand to benefit most,” said Chris Keaveney, founder and CEO of Meritize. “As we continue to scale this model and identify new markets where we can serve learners and employers, Scott’s deep expertise in finance, credit and operations will enable us to extend our impact.”

A veteran of the financial services sector, Rhode brings more than 20 years of experience through a variety of roles focused on operations, compliance, consumer credit and risk management. He most recently was founder and principal consultant at Lendwise Consulting, advising major banks and other financial institutions to identify and solve challenges related to operations, product, compliance and risk.

Rhode spent more than 14 years at Dell Financial Services, the division of Dell that provides consumer and small business loans to help finance technology products and services. There, he led a global risk management organization responsible for policy, governance, vendor management, and credit decisions across the customer lifecycle.

“From a career spent in consumer finance and credit, I know that, too often our industry has been forced to rely on binary measures of achievement and creditworthiness that can create artificial barriers for consumers. Meritize’s unique funding model considers more than just a credit score so that we can unlock access to educational and economic opportunity,” Rhode said. “I’m thrilled to join this mission-oriented team at Meritize as they work to close the skills gap through financial access and pathways to industry-relevant training.”

Meritize offers employer-backed training with a proprietary approach to education finance that uses an individual’s academic, military and work achievements to enhance credit evaluation and improve financing options. To date, the company has expanded its skill-based hiring and finance platform, which now serves more than six thousand students and trainees participating in over 1,200 unique, in-demand training programs.

A father of two, Rhode has also served as a counter-intelligence analyst in the U.S. Army National Guard in addition to serving two terms as an elected city council member in Round Rock, Texas. Rhode received his bachelor’s degree in Government and History from the University of Texas at Austin.

About Meritize: Meritize is bridging the divide individual aspiration and today’s most in-demand jobs. Our unique, merit-based financing options consider an individual’s job experience, academic and military record to identify employer-backed training—and financing options that reflect their true potential. We work directly with employers to build talent development solutions that close skills gaps with better qualified workers. For more information visit www.meritize.com.

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