LendUp

Jesse Silverman Joins Highline as General Counsel

Retrieved on: 
Wednesday, October 5, 2022
Software, Banking, Mobile, Wireless, Professional Services, Fintech, Data Management, Payments, General Automotive, Technology, Automotive, Legal, Finance, Consumer Financial Protection Bureau, General counsel, BSA, CFPB, Industry, Compliance, Growth, Highline, CEO, LendUp, Consumer, Silverman, Bank

Continuing its rapid growth, Highline Technologies, the payments fintech that unlocks payroll-linked lending and billpay, announced today that Jesse Silverman has joined the company as General Counsel.

Key Points: 
  • Continuing its rapid growth, Highline Technologies, the payments fintech that unlocks payroll-linked lending and billpay, announced today that Jesse Silverman has joined the company as General Counsel.
  • Silverman brings almost 20 years of legal expertise and industry experience to the team, including leading legal and compliance efforts for several fintechs, including LendUp, Nuula, and Steady.
  • I am excited to join Highline, a company committed to helping both consumers and lenders who support them, said Silverman.
  • We are thrilled to have Jesse on board, said Geoff Brown, co-founder and CEO of Highline Technologies.

Alex Mann Joins LANDED As Head of Marketing and Growth

Retrieved on: 
Monday, August 15, 2022
Blaze Pizza, OMD, CEO, GLOBE, AI, Technology, LendUp, Financial services, Restaurant, Marketing, SAN, Acquisition, Mediacom, General manager, ASAP, Economics, Head, Goal, Employment agency, Chick-fil-A, Growth, Panera Bread

SAN FRANCISCO, Aug. 15, 2022 (GLOBE NEWSWIRE) -- LANDED , which provides the first end-to-end recruitment engine for the restaurant and hospitality industries, announced today it has appointed Alex Mann as Head of Marketing and Growth.

Key Points: 
  • SAN FRANCISCO, Aug. 15, 2022 (GLOBE NEWSWIRE) -- LANDED , which provides the first end-to-end recruitment engine for the restaurant and hospitality industries, announced today it has appointed Alex Mann as Head of Marketing and Growth.
  • Alex brings over a decade of marketing, business development, and technology experience to his role at LANDED.
  • He was on the founding team of Mission Lane, part of a team of three with managerial responsibility for digital marketing and growth.
  • I was immediately drawn to LANDED because of Vivian who is a tenacious founder with a laser focus on the company vision, profitability, and unit economics, said Alex Mann, Head of Growth at LANDED.

Cambrian Ventures launches with a $20 million fund backed by top fintech entrepreneurs

Retrieved on: 
Tuesday, July 26, 2022
Knowledge, Investment, Industry, SAN, LendUp, Software, Kabbage, Betterment, General partnership, Science and technology in Asia, Plaid, Andreessen Horowitz, SoFi, Dwight Schrute, Blend, Growth, American Express, Bank, Cryptocurrency, NerdWallet, Jeeves, Cambrian

SAN FRANCISCO, July 26, 2022 /PRNewswire-PRWeb/ -- Cambrian Ventures, a new early-stage venture capital firm led by former Andreessen Horowitz partner Rex Salisbury, today launched its inaugural $20 million fintech-focused fund investing at the angel, pre-seed and seed stage.

Key Points: 
  • Among the fund's investors are some of the most influential entrepreneurs and operators in the fintech sector.
  • "The fund aims to leverage the entrepreneurial experience, subject matter expertise, operational expertise, and industry insights within the Cambrian community to support the next generation of fintech entrepreneurs."
  • "We are delighted to see how he and Cambrian will continue to support the fintech ecosystem with the launch of this fund."
  • About: Cambrian Ventures is an early-stage venture capital firm supporting entrepreneurs in fintech.

Mission Lane Selects Peach to Power Inclusive Lending Products

Retrieved on: 
Wednesday, May 11, 2022
Professional Services, Data Management, Technology, Software, Finance, Internet, Banking, Compliance, Credit Karma, Partnership, API, Machine learning, Finance, Solution, CEO, Technology, LendUp, Entrepreneurship, Bank, Video game console, Peach, Holdaway

Peach will provide Mission Lane with a loan management system, a fully integrated suite of servicing tools and a compliance monitoring system, Compliance Guard.

Key Points: 
  • Peach will provide Mission Lane with a loan management system, a fully integrated suite of servicing tools and a compliance monitoring system, Compliance Guard.
  • Through Peachs flexible infrastructure, Mission Lane will be able to quickly launch and scale the Credit Builder Account and future new lending products.
  • At Mission Lane, were focused on serving consumers who dont have ready access to quality financial products from traditional financial institutions, said Mission Lane CEO Shane Holdaway.
  • Mission Lane is a great example of a forward-thinking lender that is making great use of the Peach platform, aligned with our mission of offering better products to borrowers through lending innovation.

Backed by Early Zoom Investors, Fathom Launches With $4.7M in Seed Funding

Retrieved on: 
Monday, January 24, 2022
Software, Technology, Audio, Video, Internet, Soma, Entrepreneurship, Mercury, CTO, LendUp, G2, HubSpot, Close, CPO, COO, Former, CEO, Customer success, Angel investor, Solution, Character, Salesforce, CRM, Product, ZeroCater, Founder, CRO, Y Combinator, CRMS, Chief executive officer, VC, Cryptocurrency, Medical device, Sales, Zoom, Shogun, Fathom, Snapdocs

Developed exclusively for the new Zoom App Marketplace, Fathom is currently the #1 application with over 70K users on the waitlist.

Key Points: 
  • Developed exclusively for the new Zoom App Marketplace, Fathom is currently the #1 application with over 70K users on the waitlist.
  • Founded in 2020 and a member of Y Combinator (Winter 21), Fathom was created to eliminate the need for time-consuming and distracting note-taking during business calls.
  • Being one of the first deeply integrated Zoom Apps opens the door for massive growth, said Jim Scheinman, early Zoom investor and Founding Managing Partner at Maven Ventures .
  • The company was founded in 2020 by Richard White and has secured $4.7 million in seed funding.

Mission Lane Completes Inaugural $320 Million ABS Transaction and Raises $150M in Redeemable Preferred Equity

Retrieved on: 
Tuesday, October 26, 2021
Finance, Internet, Professional Services, Other Technology, Technology, Oak Tree, Technology, Habit, Guggenheim, LendUp, Machine learning, Guggenheim Partners, Goldman Sachs, Growth, Credit Karma, Data science, Oaktree Capital Management, Security (finance), Bank

In the securitization transaction, which was meaningfully oversubscribed, Mission Lane sold $320 million of notes in three classes, all of which were rated by Kroll Bond Rating Agency.

Key Points: 
  • In the securitization transaction, which was meaningfully oversubscribed, Mission Lane sold $320 million of notes in three classes, all of which were rated by Kroll Bond Rating Agency.
  • The transaction represents the first step for Mission Lane in becoming a programmatic issuer in the securitization market.
  • Mission Lane provides high quality, transparent and data-driven products and experiences for people trying to build or rebuild their credit and improve their financial lives.
  • Earlier this year, Mission Lane announced it added its one millionth customer to its market-leading credit card franchise.

Ahead Financials Integrates FinHealthCheck to Help Customers Understand their Financial Health Needs

Retrieved on: 
Thursday, May 6, 2021
Professional services, Technology, Finance, Software, Banking, Internet, Financial literacy, OECD, LendUp, Finance, Economy, Money

For many customers, the ability to use a visionary tool like FinHealthCheck to better understand their spending, saving, borrowing and planning habits, will be a critical first step on their journey to a more secure financial future.\xe2\x80\x9d\nWith the implementation of FinHealthCheck, Ahead leverages Financial Health Network\xe2\x80\x99s expertise and methodology for measuring, analyzing, benchmarking, and advising on financial health.

Key Points: 
  • For many customers, the ability to use a visionary tool like FinHealthCheck to better understand their spending, saving, borrowing and planning habits, will be a critical first step on their journey to a more secure financial future.\xe2\x80\x9d\nWith the implementation of FinHealthCheck, Ahead leverages Financial Health Network\xe2\x80\x99s expertise and methodology for measuring, analyzing, benchmarking, and advising on financial health.
  • Armed with these building blocks, Ahead is able to quickly understand the financial health needs of customers, learn what actions to take and is able to track their impact over time and ultimately help raise up the emerging middle class.\n\xe2\x80\x9cWith more than two-thirds of Americans not financially healthy, organizations need tools to measure and understand the challenges customers are facing so they can help them be more financially resilient,\xe2\x80\x9d said John Thompson, head of FinHealthCheck for the Financial Health Network.
  • "We\'re excited that Ahead Financials is using the FinHealthCheck to collect financial insights about their customer\'s spending, saving, planning, and borrowing.\xe2\x80\x9d\nAhead Financials through its parent company, LendUp Global, has been a member of Financial Health Network\xe2\x80\x99s advisory council since 2016, working closely with Financial Health Network\xe2\x80\x99s product development team to review features, specifications and priorities and to provide feedback on prototypes of FinHealthCheck.\nAhead Financials, a universally inclusive digital banking and financial health platform, is a subsidiary of LendUp Global, the company that pioneered gamified financial education and alternative credit scoring to help the more than 150 million Americans rebuilding their credit get on a path to better financial health through access to financial education and responsible credit solutions.
  • Ahead aims to ensure no one is excluded from the cornerstones of financial wellbeing: the ability to plan, save, spend, borrow and learn good financial habits.

LendUp Global Introduces Ahead Financials, a Digital Banking and Financial Health Platform for the Emerging Middle Class

Retrieved on: 
Tuesday, December 1, 2020
Finance, Banking, Professional services, Other Technology, Technology, Finance, Economy, LendUp, Social finance, Bank, ING Group, Transaction account, Financial services, Debit card

Ahead, a digital banking and financial health platform, will serve emerging middle class consumers in the U.S. and globally, and partner with leading institutions to ensure no one is excluded from the cornerstones of financial wellbeing: the ability to plan, save, spend, borrow and learn good financial habits.

Key Points: 
  • Ahead, a digital banking and financial health platform, will serve emerging middle class consumers in the U.S. and globally, and partner with leading institutions to ensure no one is excluded from the cornerstones of financial wellbeing: the ability to plan, save, spend, borrow and learn good financial habits.
  • Building upon our learnings and successes with LendUp, today we introduce Ahead as a solution for emerging middle class consumers striving to improve their most basic financial circumstances, said Anu Shultes, CEO of LendUp.
  • While LendUp will continue to innovate small dollar lending, Ahead will provide new and needed access to banking and financial products for consumers underserved by Main Street institutions.
  • Ahead will provide a digital banking app, checking account and debit card with no monthly service fees.

LendUp Surpasses $2 Billion in Consumer Loans

Retrieved on: 
Thursday, January 30, 2020
Professional services, Technology, Other Technology, Finance, Banking, Internet, Economy, Money, Finance, LendUp, Social finance, Loans, Debt, Credit

LendUp , the company whose goal is to make financial health a reality for all, announced today it has issued over $2 billion in consumer financing through its digital lending platform.

Key Points: 
  • LendUp , the company whose goal is to make financial health a reality for all, announced today it has issued over $2 billion in consumer financing through its digital lending platform.
  • Since 2012, LendUp has provided more than 6.5 million loans, with an average loan value of approximately $300.
  • The company continues its commitment to providing more people with greater access to consumer credit and financial services.
  • Fundamentally, LendUp exists to innovate consumer financial products and better help these and other traditionally underserved consumer populations.

LendUp Names Chris Lewis and Gizelle Barany to Executive Team

Retrieved on: 
Thursday, August 1, 2019
LendUp, Social finance, Regulatory compliance, Compliance

"I'm pleased to have such seasonedindividuals as Chris and Gizelle join our team.

Key Points: 
  • "I'm pleased to have such seasonedindividuals as Chris and Gizelle join our team.
  • Chris Lewis joins LendUp as Chief Risk and Compliance Officer, where he will be responsible for LendUp's compliance with applicable laws and regulations.
  • "LendUp is servicing an important consumer sector that is often overlooked or locked out of mainstream banking services,'' said Chris Lewis.
  • "As LendUp continues to grow, I look forward to advancing compliant products with proper protections that give consumers the opportunity to build their financial health," said Gizelle Barany.