Finley

Overview

Finley built software for the work that begins after a company signs a complex loan. From 2020 to 2026, its Credit Management System turned long agreements into borrowing-base calculations, covenant checks, funding requests, portfolio analytics, and investor reports. ^{[1] [12]}

The product found real demand. The strategic limit emerged deeper in the workflow. Lenders and borrowers wanted one party to own both the software and the operational truth behind servicing, verification, and collateral. Finley addressed that demand by joining Concord in March 2026. The acquisition ended Finley as an independent company but kept its product, team, and brand in market. ^[13]

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Founding Story

Jeremy Tsui, Kevin Suh, and Josiah Tsui founded Finley in 2020, then entered YC's Winter 2021 batch. ^[1] The team combined three useful views of enterprise finance. Jeremy had worked in financial-risk modeling at Oliver Wyman and spent three years investing in debt capital at Goldman Sachs. Kevin had been the first engineer at cross-border credit-reporting company Nova Credit. Josiah had worked at Ironclad and Palantir. ^{[4] [5]} YC and the public record do not establish exactly how the three first met.

Jeremy's Goldman work supplied the initial problem. Non-bank lenders were filling gaps left by banks, but borrowers still had to interpret credit agreements that could run hundreds of pages. He told TechCrunch: "With consumer credit, we've seen a lot of innovation, but business credit or business lending has really been stuck in the past." ^[3] In a separate interview, he said that work informed Finley's product and sales roadmap for facilities between $20 million and $200 million. ^[4]

Kevin saw the same category from the infrastructure side. "Before Finley, I was the first engineer at Nova Credit, a global credit reporting platform, so I was in the B2B fintech space and knew how much financial technology infrastructure is still missing," he said in 2021. ^[5] Their banking, engineering, and legal-technology experience led to a narrow first product that made the obligations inside a signed credit agreement computable.

The founders' Launch HN described the baseline without euphemism. Borrowers managed compliance through email, Word, Excel, memory, and Post-it notes. Missing the right weekly report could put tens of millions of dollars of funding at risk. ^[2] Finley started with monitoring and reporting, then expanded toward a system of record for both sides of the loan.

Timeline

• 2020: Jeremy Tsui, Kevin Suh, and Josiah Tsui founded Finley in San Francisco. ^[3]
• Winter 2021: Finley joined Y Combinator and launched publicly around credit-agreement compliance and reporting. ^{[1] [2]}
• June 2021: Bain Capital Ventures led a $3 million seed round. ^[6]
• January 2023: CRV led a $17 million Series A after Finley reported dozens of customer engagements and billions of dollars of debt under management. ^[7]
• February 2025: Valley Bank deployed the Credit Management System for securities-based collateral and syndicated-loan servicing. ^[9]
• July 2025: Finley launched agents for agreement digitization, loan servicing, and portfolio analysis. ^[10]
• March 2026: Concord acquired Finley; Jeremy joined the buyer as Managing Director, Capital Markets. The price was not disclosed. ^[12]

What They Built

Finley's first job was to translate a credit agreement into a working calendar and rules engine. A finance team uploaded the agreement, connected its financial data, and saw upcoming reports, covenant tests, funding conditions, and borrowing capacity. Instead of copying values among spreadsheets and email threads, borrowers and lenders worked from the same structured facility model. ^[2]