Finley CEO Jeremy Tsui – on modernizing debt capital management
Oct 12, 2023
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Jeremy Tsui, co-founder and CEO of Finley, discusses the inspiration behind Finley, trends in private credit, and the ways Finley helps companies manage their debt. He also shares his views on AI in fintech and his experience with Y Combinator and venture capital fundraising.
Finley simplifies debt capital raise and management by digitizing credit agreements and automating compliance monitoring.
By providing efficient tools and guidance, Finley supports CFOs in running businesses more efficiently and making strategic financing decisions.
Deep dives
Streamlining Debt Capital Raising and Management
Jeremy Schway, CEO of Finley Technologies, discusses the motivation behind founding Finley - to simplify companies' debt capital raising and management. He recalls the pain points he encountered during his time at Goldman Sachs, where outdated systems relied on spreadsheets and cumbersome data reporting. Finley's software aims to digitize credit agreements, automate compliance monitoring, and provide efficient tools for borrowers and lenders. The shift in attitude towards the need for innovation in debt capital and the growing focus on capital efficiency are driving the demand for Finley's solutions.
Addressing Challenges in Debt Management
Corporate borrowers, particularly CFOs, face numerous challenges in complying with loan covenants and managing private credit. Jeremy Schway highlights the burden of maintaining compliance with complex credit agreements, tracking reporting requirements, insurance renewals, and more. These challenges often involve outdated tools and manual processes. Finley's software offers a solution by digitizing convoluted credit agreement information and automating compliance monitoring. By simplifying these processes, Finley enables CFOs and finance leaders to focus on running their businesses more efficiently.
The Role and Future of Debt in Capital Allocation
Jeremy Schway highlights the importance of debt financing in startups' capital allocation strategies. He advises founders to understand how debt or equity can help them achieve their business objectives. Finley works with hundreds of companies, providing guidance on financing decisions and helping CFOs strategize. In the current market environment, strategic refinancing and matching financing partners become critical considerations. As capital efficiency takes center stage, debt financing is increasingly viewed as an essential tool. Finley aims to support all types of debt and become a trusted advisor for borrowers and lenders.
Nate Gee hosts Jeremy Tsui, co-founder and CEO of Finley, which simplifies and streamlines companies’ debt capital raise and management.
In this episode, they discuss:
-Finley’s inspiration from innovations in consumer credit and equity capital management
-Trends in private credit and Jeremy's original idea for Finley
-Jeremy’s views on AI in fintech and beyond
-The ways Finley helps companies manage their debt
-Jeremy’s experience with Y Combinator and recent venture capital fundraising
-And much more!
About Finley
Finley creates software that provides companies with a range of tools to better manage their debt capital, from automating operations and digitizing credit agreements to providing analytics and performance tracking.
About Jeremy Tsui
Prior to co-founding Finley in 2020, Jeremy worked in Goldman Sach’s Special Situations Group where he invested across a range of industries. Beforehand, he worked as a strategy consultant for financial institutions at Oliver Wyman. Jeremy grew up in Texas and graduated from the University of Texas at Austin.
For more fintech insights, follow us on
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Nate’s LinkedIn: https://www.linkedin.com/in/nathan-c-gee/
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