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David Cody

Co-Founder & Co-CEO Newity

Champion for America’s entrepreneurs, helping over 120,000 businesses access $11.4 billion in SBAloans30+ years of Business Development, Asset Management, and Capital Formation ExperienceDavid Cody founded NEWITY to help underserved entrepreneursaccess affordable funding to grow theirbusinesses. With three decades of asset management, business development, and capital formationexperience, David was eager to bring his Wall Street knowledge to Main Street and utilize technology toreach small businesses throughout the US.

As Co-CEO, David provides strategic guidance for NEWITY. David’s proven track record of identifyingmarket dislocations and developing successful businesses around them provides traction to build uponNEWITY’s success to date. David’s ability to think big-picture and spearhead partnerships enriches thedepth and breadth of NEWITY’s offerings.

Leader at Galway Advisors, Fortress Investment Group, and Matlin Patterson Asset Management L.P.David has had direct or secondary involvement in the development of more than 300 asset managementproducts. He also has capital formation and distribution experience raising over $50 billion across assetclasses and products in both institutional and retail channels.

David developed new businesses while growing assets under management to more than $40 billion,expanding both the scope and reach during his tenure.


2025 AGENDA Sessions

Lunch & Learn: From PPP to Powerhouse: How NEWITY Became the #1 in SBA Loans Through Fintech Innovat

As fintechs and financial institutions compete to scale SMB lending, the ability to streamline digital loan origination, optimize underwriting, and integrate AI-driven automation is critical to accelerating growth. In this session, NEWITY will share how they used emerging technologies to move from pandemic-born PPP loans to the #1 in SBA loans in the country, handling over 10,000 loan applications per month. They will be joined by Praxent, the strategic fintech consulting experts behind the platform that fueled NEWITY’s rise. Through real-world insights, attendees will learn how NEWITY built a fully digital SMB loan application with an 85% conversion rate, increased underwriting efficiency by 67% through AI-powered decisioning, and reduced customer service tickets by 32% via an intuitive borrower portal. This session will explore how Praxent combined custom technology, thoughtful digital experiences, embedded integrations, and an agile approach so NEWITY could scale quickly while making the lending process seamless for borrowers. Join this session to learn practical strategies for improving digital lending workflows, strengthening underwriting, and positioning fintechs at the forefront of government-backed lending innovation.

Sponsored by Praxent

Wednesday 12 March 13:00 - 13:40 Veronese 2401A - 2501B

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