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LendingPoint Hires Citibank Vet as Chief Financial Officer

February 02, 2018, 07:12 AM

LendingPoint, the online balance sheet lender and provider of the LoanHero point of sale financing platform, announced that Antonio Martino has joined the company as its Chief Financial Officer (CFO).

Martino is a financial industry leader with more than 25 years of experience spanning 10 countries. Most recently he was a Director, Citi Corporate Treasury, where he had global oversight roles within the asset liability management and balance sheet management processes for Citibank, N.A. Previously, Martino served as CFO of Citibank in Turkey and across Central Europe, with roles in Istanbul and Budapest, Hungary. In addition, Martino was Finance Director of Citibank Poland’s consumer banking division in Poland and Vice President of Finance within Citibank credit card business in Canada. Martino started his career in public accounting with Ernst & Young.

“We are delighted to add Tony Martino to our team at LendingPoint. His deep experience with multi-product balance sheet lenders as well as his experience in rapidly growing markets match perfectly with where we are in our journey at LendingPoint,” said Tom Burnside, LendingPoint’s CEO. “As we grow our core LendingPoint online consumer loan business as well as integrate our fast growing LoanHero acquisition, Tony’s knowledge ensures that our financial modeling, planning and execution will be done at the very highest level.”

LendingPoint announced on January 11, 2018, that it had acquired LoanHero, a fully integrated, one-stop-shop loan origination and payments platform that helps merchants provide access to consumer finance, increase revenue and eliminate friction at point of sale. In September 2017, LendingPoint announced that it had closed an up to $500 million senior credit facility arranged by Guggenheim Securities.

The company also announced that Luke Graham, who had been serving as LendingPoint’s CFO, will assume the role of Capital Markets Officer. Graham is a 25-year capital markets veteran of Alostar, Wells Fargo, GE Capital and Wachovia.

“Our current growth rates, together with the addition of LoanHero’s product suite and our commitment to balance sheet lending, means that our need for more complex financing structures is growing just as fast,” said Burnside. “It is critical to our continued growth that we maintain laser focus on building and maintaining our capital stack.”

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