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 that Richard (Rich) Pfaltzgraff has been named as its new Chief...
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June 08, 2023, 07:07 AM
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LendingPoint, an AI-driven CreditTech platform, announced it achieved its seventh consecutive quarter of profitability in Q1 2022.Q1 2022 Financial and Operational Highlights:
Platform originations in Q1 2022 increased 141.3% over Q1 2021, and...
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May 23, 2022, 07:35 AM
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LendingPoint announced the closing of an up to $110 million, 5-year corporate mezzanine credit facility with new partners MidCap Financial Trust, managed by a subsidiary of Apollo Global Management, Inc. and Apollo Investment Corporation.The...
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March 10, 2021, 07:50 AM
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LendingPoint, the company revolutionizing and democratizing commerce, announced that it closed its inaugural securitization of consumer loans. LendingPoint Receivables Trust 2019-1 ("LDPT 2019-1") issued $177.85 million of notes backed by a pool of...
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September 05, 2019, 08:55 AM
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LendingPoint, the company working to revolutionize and democratize commerce, announced that it closed a committed, $250 million credit facility arranged by Guggenheim Securities. The credit facility has an accordion feature, which allows the Company...
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August 27, 2019, 08:55 AM
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LendingPoint announced it closed an increase of its mezzanine financing, bringing the total of the facility to $52.5 million.
Paragon Outcomes Management LLC provided the financing that closed earlier this month. Paragon and LendingPoint have been...
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June 28, 2018, 07:12 AM
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LendingPoint, the company working to revolutionize access to consumer credit, announced it has closed an up to $600 million, committed credit facility arranged by Guggenheim Securities, the investment banking and capital markets division of...
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May 17, 2018, 08:01 AM
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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...
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February 02, 2018, 07:12 AM
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Online loan provider LendingPoint announced that on August 22, 2017, it closed an up to $500 million credit facility arranged by Guggenheim Securities. The company took down $138.5 million of the facility at the closing and on September 15, 2017, it...
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September 21, 2017, 07:18 AM
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