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LendingPoint history
LendingPoint company history timeline
By the end of 2016, LendingPoint had funded more than $100 million in consumer loans across 13 states.
On August 22, 2017, LendingPoint closed an up to $500 million credit facility arranged by Guggenheim Securities.
On January 11, 2018, the company announced that it acquired the merchant portal technology and other assets of LoanHero, a fintech platform for point of sale finance.
On June 28, 2018, LendingPoint upsized its mezzanine financing, bringing the total of its mezzanine credit facility to $52.5 million.
LendingPoint partnered with eBay in August 2020 to offer installment loans up to 48 months to eBay’s merchants.
In January 2021, the company was funded $125 million via preferred equity investment from Warburg Pincus.
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Zippia gives an in-depth look into the details of LendingPoint, including salaries, political affiliations, employee data, and more, in order to inform job seekers about LendingPoint. The employee data is based on information from people who have self-reported their past or current employments at LendingPoint. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by LendingPoint. The data presented on this page does not represent the view of LendingPoint and its employees or that of Zippia.
LendingPoint may also be known as or be related to LendingPoint, LendingPoint LLC and Lendingpoint.