Breaking News
Octane Closes $340 Million Whole Loan Sale With Bayview
Octane® (Octane Lending, Inc.), the fintech company unlocking the power of financial products for retailers and consumers, announced today that it has sold a portfolio of $340 million of fixed-rate installment powersports and outdoor power equipment loans to affiliates of Bayview Asset Management (Bayview), a global alternative investment firm.
The portfolio of loans was newly originated by Octane’s in-house lender, Roadrunner Financial, Inc., and will be serviced by Octane’s in-house loan servicer, Roadrunner Account Services, LLC.
With this transaction, Octane continues to diversify its broad base of institutional capital partners. This is the Company’s sixth whole loan sale to-date and its first with Bayview. Octane has sold or signed commitments to sell $3.7 billion of consumer loans through whole loan sales and forward-flow agreements since its first whole loan sale in December 2023.
“We are thrilled to welcome Bayview as a new capital partner,” said Nicholas Makarov, SVP and Head of Capital Markets at Octane. “This transaction is a testament to the strength of our platform, the performance of our portfolio, and the continued demand for Octane’s assets. Bayview’s deep experience investing across consumer credit makes it an ideal partner as we continue to diversify our capital base and support origination growth across our core markets.”
“Octane is a strong strategic fit with Bayview’s focus on disciplined capital deployment in the secured consumer lending market,” said Carlos Prevolis, Managing Director at Bayview. “We’ve been impressed by Octane’s growth and leadership in powersports and outdoor power equipment lending and look forward to continuing to strengthen our partnership.”
Earlier this year, Octane surpassed $8 billion in aggregate originations. The Company has issued more than $4.7 billion in asset-backed securitizations and has been recognized for its excellence in capital markets, winning ABS Issuer of the Year in 2026 and ABS Deal of the Year in 2025 at the Global Capital US Securitization Awards. In 2025, Octane scaled originations by 29%, grew adjusted EBITDA by 23% year-over-year to $80 million, and was GAAP net income profitable for the third year in a row.
Companies In This Post
- Octane Closes $340 Million Whole Loan Sale With Bayview Read more
- Tru Cooperative Bank Selects DataVisor to Power Real-Time Fraud Prevention Read more
- Redefining Everyday Banking in Canada Through Strategic Growth and Digital Innovation Read more
- Klay Group Appoints Rohit Ganguli as Global Head of Wealth Planning, Based in Singapore Read more
- Jolt Capital Portfolio Company EfficientIP Acquired by Francisco Partners Read more
Octane Closes $340 Million Whole Loan Sale With Bayview
Octane® (Octane Lending, Inc.), the fintech company unlocking the power of financial products for retailers and consumers, announced today that it has sold a portfolio of $340 million of fixed-rate installment powersports and outdoor power equipment loans to affiliates of Bayview Asset Management (Bayview), a global alternative investment firm.
Tru Cooperative Bank Selects DataVisor to Power Real-Time Fraud Prevention
DataVisor, the leading AI-powered fraud and AML platform, today announced that Tru Cooperative Bank (formerly First West Credit Union) has selected DataVisor’s AI-powered fraud and risk platform to protect members in real time across the banking journey. Delivered through DataVisor’s pre-integrated deployment with VeriPark’s VeriChannel digital banking platform, the solution brings seamless, out-of-the-box fraud protection to Tru’s digital banking environment and builds on DataVisor’s strategic partnership with VeriPark.
Jolt Capital Portfolio Company EfficientIP Acquired by Francisco Partners
After leading a €10M funding round in EfficientIP in late 2019, Jolt Capital is pleased to announce that the company has been acquired by Francisco Partners.
HSBC and Google Cloud Announce Transformative AI Banking Partnership
HSBC and Google Cloud today announced a multi-year partnership to build and deploy AI capabilities across HSBC's operations globally
Moneybox Expands Retirement Offering as It Launches New Pension Drawdown Service
Moneybox announced the launch of pension drawdown for its Personal Pension customers, enabling them to take flexible withdrawals in retiremen
Shield Extends the Compliance Perimeter to AI-Generated Records and Image-Based Content
Shield, the global communications surveillance platform for financial services, today extended the reach of its communications surveillance platform to cover Microsoft 365 Copilot interactions and image-based content, bringing two of the fastest-growing compliance blind spots under active monitoring.
Fenchurch Advisory Partners to Combine with Broadhaven Capital Partners
Fenchurch Advisory Partners has entered into a definitive agreement to combine with Broadhaven Capital Partners, a leading independent advisory firm to the financial technology and financial services sectors in North America.
Octane Closes $340 Million Whole Loan Sale With Bayview
Octane® (Octane Lending, Inc.), the fintech company unlocking the power of financial products for retailers and consumers, announced today that it has sold a portfolio of $340 million of fixed-rate installment powersports and outdoor power equipment loans to affiliates of Bayview Asset Management (Bayview), a global alternative investment firm.
Tru Cooperative Bank Selects DataVisor to Power Real-Time Fraud Prevention
DataVisor, the leading AI-powered fraud and AML platform, today announced that Tru Cooperative Bank (formerly First West Credit Union) has selected DataVisor’s AI-powered fraud and risk platform to protect members in real time across the banking journey. Delivered through DataVisor’s pre-integrated deployment with VeriPark’s VeriChannel digital banking platform, the solution brings seamless, out-of-the-box fraud protection to Tru’s digital banking environment and builds on DataVisor’s strategic partnership with VeriPark.
Redefining Everyday Banking in Canada Through Strategic Growth and Digital Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Klay Group Appoints Rohit Ganguli as Global Head of Wealth Planning, Based in Singapore
Klay Group, a boutique financial services firm providing Wealth Management, Multi-Family Office, Asset Management and Corporate Advisory services to ultra-high-net-worth families and institutions, is pleased to announce the appointment of Rohit Ganguli as Global Head of Wealth Planning.
Jolt Capital Portfolio Company EfficientIP Acquired by Francisco Partners
After leading a €10M funding round in EfficientIP in late 2019, Jolt Capital is pleased to announce that the company has been acquired by Francisco Partners.
Pleo: Creating Seamless Spend Management for the Modern SMB
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “Vive La Différence!” – David Rintel, Finby in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]