Articles from LendingPoint

LendingPoint, the award winning, AI-driven fintech facilitating consumer credit origination and loan servicing, today announced a new round of capital financing that positions the company for significant expansion and market acceleration in 2026.

LendingPoint, the award winning, AI-driven fintech facilitating consumer credit origination and loan servicing, announced its closing of the first loan flow program established under a new passthrough securities issuance program.

LendingPoint, the award-winning online loan origination and servicing platform, announced the appointment of Mark Freeman as Chief Financial Officer. As CFO, Mr. Freeman will oversee all corporate finance, including accounting, financial planning and budgeting, treasury as well as the Company’s capital markets programs.

LendingPoint, the award-winning online loan origination and servicing platform, announced that Dan Shuntich has joined the executive team as Chief Risk Officer. As Chief Risk Officer, Dan will be primarily responsible for LendingPoint’s comprehensive credit underwriting, fraud and risk mitigation models and strategy.

LendingPoint, the award-winning online loan origination and servicing platform, announced the appointment of Shawn Stone, a longtime financial services executive, as the Company’s new Chief Executive Officer and member of the Board.

LendingPoint, the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, e-commerce and point of sale partners, and lending institutions, today announced the release of their personal financial health and management tool, now available for free to all LendingPoint customers within the mobile app.

LendingPoint, the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, e-commerce and point of sale partners, and lending institutions, announced today that Richard (Rich) Pfaltzgraff has been named as its new Chief Financial Officer.

LendingPoint, the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, e-commerce and point of sale partners, and lending institutions, announced today that Amanda Flashner has been promoted as the company’s first Chief Experience and Communications Officer.

LendingPoint, the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, e-commerce and point-of-sale partners, and lending institutions, announced today that it has achieved its ninth consecutive quarter of profitability in Q3 2022.

LendingPoint, the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, e-commerce and point-of-sale partners, and lending institutions, today announced that Goldman Sachs (NYSE:GS) is recognizing CEO Tom Burnside as one of the Most Exceptional Entrepreneurs of 2022 at its Builders and Innovators Summit in Healdsburg, California.

Inc. Magazine today released its annual Inc. 5000 list, recognizing LendingPoint as one of the fastest-growing private companies in the nation for the fourth consecutive year in just seven years in business. This year, the AI-driven CreditTech platform was highlighted as the number 96 company in Atlanta, number 148 in financial services, and number 2,208 on the list overall amongst the full list of rapidly-growing brands positioned for success in the entrepreneurial landscape.

LendingPoint, an AI-driven CreditTech platform, today announced it achieved its seventh consecutive quarter of profitability in Q1 2022.

LendingPoint, the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, for e-commerce and point of sale partners, and for lending institutions, announced today that Ryan Scully has joined the company as Chief Marketing Officer (CMO).

LendingPoint, an AI-driven CreditTech platform, today announced it achieved record growth across its platform in the second half of 2021.

AI-driven CreditTech platform LendingPoint today announced it was named one of the fastest-growing companies in North America on Deloitte’s Technology Fast 500™ for the third year running. This achievement honors the companies that are transforming the way we do business, combining technological innovation and entrepreneurship, and disrupting the technology industry. The Fast 500 recognition is the company’s latest in a year that has seen LendingPoint honored on multiple lists featuring companies on the rise and bolstered by new partnerships, a satisfied and growing customer base of over 350,000, and record growth for H1.

LendingPoint, an AI-driven CreditTech platform, today announced that it won Best Financial Planning Software from Benzinga in the seventh annual Global Fintech Awards. The award recognizes LendingPoint’s ability to adapt and innovate to serve its customers at all experience touchpoints to provide fair access to credit for those that need it most. Through top-of-the-line customer experience and a “qualify today, buy anywhere” philosophy, LendingPoint has concentrated on creating algorithms, data models, and technology to provide life-changing financial opportunities for those establishing new or bettering existing credit profiles, rebuilding their credit, and self-employed entrepreneurs.

LendingPoint, an AI-driven CreditTech platform, today announced it achieved record growth across its platform in the first half of 2021.

LendingPoint, an AI-driven CreditTech platform, today announced the closing of its second rated consumer loan ABS securitization in 2021: LendingPoint 2021-B Asset Securitization Trust (“LDPT 2021-B”), which was $400 million in size and backed by a pool of unsecured, direct-to-consumer loans. Following two weeks of heavy new issue supply volatility, LendingPoint 2021-B executed at a duration-weighted average coupon of 2.32%; this is similar to the execution of LendingPoint 2021-A Asset Securitization Trust (“LDPT 2021-A”) which priced in July 2021 at a duration-weighted average coupon of 2.16%. At the time of execution, LDPT 2021-A represented the largest unsecured consumer loan ABS issuance from a single marketplace platform brought to market since the onset of the global pandemic.

LendingPoint, the financial AI and technology platform, was recently named to the 2021 Atlanta Inno Fire Award list, a ranking showcasing the top tech startups and organizations setting Atlanta’s ecosystem ablaze. LendingPoint, which also made the Fire Awards list in 2019, was honored in the financial technology sector.

LendingPoint, a financial technology platform, today was named one of the 2021 Best Places to Work by the Atlanta Business Chronicle. The award marks the company’s second recognition this year, following its 2021 Atlanta Business Chronicle Pacesetter Award in April, and signals a continuation of the growing momentum LendingPoint sustained through a year of changing workplace norms across the globe. During a time when workers' relationship to work evolved constantly, LendingPoint remained committed to cultivating and empowering employee experience and fulfillment.

Inc. Magazine released the annual Inc. 5000 company rankings, recognizing LendingPoint amongst the nation’s fastest-growing private companies. LendingPoint, the data and technology platform dedicated to creating frictionless access to money whenever and wherever, joins this prestigious list along with other acclaimed brands that are being recognized for exceptional business growth in 2021.

LendingPoint, a financial technology platform, today announced the closing of its largest securitization to date: LendingPoint 2021-A Asset Securitization Trust (“LDPT 2021-A”), which was $542,360,000 in size, rated by KBRA, and backed by a pool of unsecured, direct-to-consumer loans. This transaction also represented the largest unsecured consumer loan ABS issuance from a single originating platform brought to market since the onset of COVID.

Financial technology platform LendingPoint today announced that veteran risk executive, Ashish Gupta, has joined LendingPoint as Chief Risk Officer (CRO). Gupta will lead data science/AI, risk, fraud, and market modeling as well as pricing for LendingPoint’s direct-to-consumer and point of sale/ecommerce verticals. The addition of Gupta is an important milestone in the company’s evolution and growth, as LendingPoint continues to execute on its mission of using data science and credit technology to create financial opportunities across the credit spectrum.

LendingPoint, a financial technology platform, was named one of Atlanta’s fastest-growing private companies by the Atlanta Business Chronicle, taking the 48th spot on the publication’s prestigious Pacesetter List. This marks LendingPoint’s fourth year on the list, a recognition that demonstrates the continuous growth achieved by the company’s seasoned management team. LendingPoint landed #7 in Atlanta’s fast-growing companies in 2020, #8 in 2019, and #1 in 2018.