LendingPoint

About LendingPoint

LendingPoint is a provider of unsecured personal loans for consumers with FICO scores up to 850. They aim to enhance the lending and borrowing experience through proprietary technology and algorithms, finding more reasons to approve loans. Their mission is to unlock financial possibilities by offering affordable loan solutions to a wide range of customers, including personal, small business, and merchant point-of-sale lending.

Products & Services

Personal Loans:Loans ranging from $1,000 to $36,500 with rates from 7.99% to 35.99% APR and terms from 24 to 72 months, designed for various personal financial needs.

Debt Consolidation Loans:Loans to help consolidate and pay off existing debts, such as credit card balances.

Home Improvement Loans:Financing for home renovation and improvement projects.

Emergency Loans:Loans for unexpected urgent expenses requiring immediate financial support.

Medical Loans:Loans to cover medical and dental expenses.

Online Loans:Convenient online loan options for various purposes.

Vacation Loans:Financing for travel and vacation expenses.

Specialties

Unsecured Personal Loans Proprietary Smart Technology for Lending Credit Assessment and Approval Algorithms

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 900000000 MR: - FA: 900 million FAN: 900000000	D: 2023-07-06 FD: 2023-07-06	1 investors

Debt Latest

2023-07-06

$900.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

M

Mark Freeman

Chief Financial Officer Interim CEO

D

Dan Shuntich

Chief Risk Officer

M

Mark Lorimer

Chief Business Affairs and Legal Officer

A

Amanda Flashner

Chief Experience and Communications Officer

A

Amzad Hossain

Chief Technology Officer

M

Michael Antonishak

Chief Operating Officer

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Recent News

LendingPoint Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised