LendingPoint

Antonio Martino, former CFO of Silvergate Capital Corporation and LendingPoint and former Citibank alum has joined PayZen as CFO

Retrieved on:

Tuesday, March 26, 2024

Public, Growth, CFO, SAN, LendingPoint, Strategic planning, Sale, Ernst & Young, Fintech, Silvergate Bank, Citibank, Management

SAN FRANCISCO, March 26, 2024 /PRNewswire/ -- Today PayZen, a healthcare-focused fintech company tackling healthcare affordability with AI-powered patient affordability solutions, announced Antonio Martino as its new Chief Financial Officer.

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Martino joins PayZen with over thirty years of financial services and public accounting experience, including direct work in early-stage, private-equity-backed, publicly traded, and privately held fintech companies.
Before joining PayZen, Martino served as CFO at Silvergate Capital Corporation where he successfully executed an Initial Public Offering on the New York Stock Exchange, along with several follow-on equity offerings.
Additionally, he served as CFO at LendingPoint, an early-stage consumer lending and point-of-sale fintech platform.
"In the United States, where a crisis looms, PayZen presents a transformative solution: a harmonious blend of finance, technology, and healthcare.

Lending Industry Expert Joe Valeo Appointed President of SmallBusinessLoans.com

Retrieved on:

Tuesday, October 17, 2023

SmallBusinessLoans.com (SBL) is pleased to announce the appointment of Joe Valeo as its new President.

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SmallBusinessLoans.com (SBL) is pleased to announce the appointment of Joe Valeo as its new President.
In his previous positions, Valeo gained strategic development and consumer/business lending experience, serving financial services organizations such as LendingPoint, where he held the position of EVP/GM for POS merchant lending and direct-to-consumer loans.
His growth strategies include connecting with his deep finance industry network and implementing financial and business solutions to meet SMBs' needs.
Valeo expressed his enthusiasm for his new role, "I strongly believe we're doing something special, different, and market leading.

LendingPoint Launches Personal Financial Health and Management Tool

Retrieved on:

Monday, August 14, 2023

Apps, Applications, Technology, Payments, Finance, Fintech, Other Technology, Professional Services, Software, Artificial Intelligence, AI, Financial management, Life, Sale, Online shopping, LendingPoint

LendingPoint , the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, e-commerce and point of sale partners, and lending institutions, today announced the release of their personal financial health and management tool, now available for free to all LendingPoint customers within the mobile app.

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LendingPoint , the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, e-commerce and point of sale partners, and lending institutions, today announced the release of their personal financial health and management tool, now available for free to all LendingPoint customers within the mobile app.
Designed to help the 73% of American adults who have reported that money is their number one stressor in life, customers can now set financial goals, link accounts to analyze spending by category, receive valuable and customized real-time financial health insights, and track their financial habits against their peer set, all within the LendingPoint app.
Our personal financial health and management tool supports this mission with an engaging and easy-to-use financial management platform to help our customers understand, set and achieve financial goals and milestones.”
LendingPoint has long been the lending partner of choice for a wide range of customers, including borrowers, small businesses, and merchants.
For more information about LendingPoint and their personal financial health and management tool, please visit lendingpoint.com or download the mobile app.

LendingPoint Closes $900 Million Committed Forward Flow Program

Retrieved on:

Thursday, July 6, 2023

Technology, Finance, Banking, Electronic Commerce, Professional Services, Software, Data Analytics, Data Management, Artificial Intelligence, NPS, Growth, LendingPoint, Pharmaceutical industry, Cryptocurrency

The financial technology platform LendingPoint , today announced the closing of a $900 million, three-and-a-half-year forward flow committed purchase program with a notable asset management firm partner.

Key Points:

The financial technology platform LendingPoint , today announced the closing of a $900 million, three-and-a-half-year forward flow committed purchase program with a notable asset management firm partner.
This is the company’s largest and longest-term committed forward flow program to date in terms of the volume of assets to be originated and sold by LendingPoint.
“This deal illustrates the high level of confidence our financial institution and asset management partners have in the LendingPoint underwriting model,” said Tom Burnside, CEO and co-founder of LendingPoint.
“This program will help us further deliver the power of financial possibility for consumers and businesses alike.”

Capstreet-backed Incentive Solutions Appoints William J. Shida as New CFO

Retrieved on:

Monday, June 26, 2023

Controller, Certified Public Accountant, CPA, Growth, LendingPoint, Market for corporate control, Management, Finance

ATLANTA, June 26, 2023 /PRNewswire/ -- Incentive Solutions, a provider of channel marketing and sales solutions, today announced the promotion of Corporate Controller - Vice President William J. Shida to Chief Financial Officer. Incentive Solutions also announced that Christina McGeehen has joined the Company as North American Controller. Incentive Solutions is backed by Capstreet, a Houston-based lower middle market private equity firm.

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ATLANTA, June 26, 2023 /PRNewswire/ -- Incentive Solutions, a provider of channel marketing and sales solutions, today announced the promotion of Corporate Controller - Vice President William J. Shida to Chief Financial Officer.
Shida began his career at Incentive Solutions in 2015 as a Staff Accountant, and he advanced to become Vice President and Corporate Controller.
"Billy's professional growth at the company holds true to Incentive Solutions' mission of providing employees with the tools to advance and succeed," said Incentive Solutions' CEO Steve Prebble.
"Incentive Solutions continues to make strategic promotions and hires as it expands," said Rick Pleczko, CEO of Capstreet's Operating Executive Group and Executive Chair at Incentive Solutions.

LendingPoint Names Richard Pfaltzgraff Chief Financial Officer

Retrieved on:

Wednesday, June 7, 2023

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 today that Richard (Rich) Pfaltzgraff has been named as its new Chief Financial Officer.

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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 today that Richard (Rich) Pfaltzgraff has been named as its new Chief Financial Officer.
As CFO, Rich will oversee the finance and accounting divisions and be responsible for overall financial planning, managing cash flow, supporting LendingPoint’s continuous capital market offerings, and further enhancing LendingPoint’s already diversified funding strategy.
Rich is a strategic financial executive with extensive experience at high-growth companies.
“It’s an exciting time to join the LendingPoint team during a period of rapid, yet consistent and profitable, growth,” said Rich.

LendingPoint Names Amanda Flashner as New Chief Experience Officer

Retrieved on:

Friday, December 23, 2022

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 today that Amanda Flashner has been promoted as the company’s first Chief Experience and Communications Officer.

Key Points:

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 today that Amanda Flashner has been promoted as the company’s first Chief Experience and Communications Officer.
View the full release here: https://www.businesswire.com/news/home/20221223005163/en/
Flashner joined LendingPoint in 2016 as the senior vice president of customer experience and communications and has been integral in leading LendingPoint to customer acclaim and an industry-high Net Promoter Score of 86.
She was promoted to the role of executive vice president, customer experience and communication in December 2021, a role that she held until her appointment to Chief Experience and Communications Officer.
“Customer experience is central to every choice we make at LendingPoint,” said Tom Burnside, CEO of LendingPoint.

LendingPoint Announces Another Quarter of Assets Under Management (AUM) Growth

Retrieved on:

Tuesday, November 22, 2022

Financial and operational highlights throughout the quarter include:

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Financial and operational highlights throughout the quarter include:
Platform originations of $2.5 billion through Q3 2022 increased 72% over last year.
As we navigate a period of economic uncertainty, I am proud of the LendingPoint team for achieving nine consecutive quarters of growth, said LendingPoint CEO Tom Burnside.
Its LendingPoint Merchant Solutions platform provides ecommerce platforms, merchants, and other service providers fully integrated, one-stop financing solutions to convert more customers.
For the past four years, LendingPoint has been named to the Inc. 5000 list of fastest-growing private companies, ranking 17th in 2019.

LendingPoint CEO Tom Burnside Honored by Goldman Sachs for Entrepreneurship

Retrieved on:

Wednesday, October 12, 2022

Goldman Sachs selected Burnside as one of the top entrepreneurs across multiple industries to be honored at the two-day event.

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Goldman Sachs selected Burnside as one of the top entrepreneurs across multiple industries to be honored at the two-day event.
Burnside is a highly skilled financial services leader, patent developer, and trusted data scientist with more than 25 years of industry experience, who co-founded LendingPoint in 2014.
I am honored to be selected by Goldman Sachs as one of the Most Exceptional Entrepreneurs of 2022, said Burnside.
Were delighted to recognize Tom Burnside as one of the most exceptional entrepreneurs of 2022, said David M. Solomon, Chairman and CEO of Goldman Sachs.

KBRA Releases Marketplace Consumer Loan Indices for August 2022; Announces Tier 2 Index Constituent Changes

Retrieved on:

Saturday, September 10, 2022

Banking, Professional Services, Finance, ABS, PAID, LendingPoint, THRM, KBRA, Security (finance), EU

KBRA releases its marketplace consumer loan indices for August 2022, providing monthly credit trends across securitized loan pools.

Key Points:

KBRA releases its marketplace consumer loan indices for August 2022, providing monthly credit trends across securitized loan pools.
Effective this month, KBRA will add four new ABS issuers to its Tier 2 MPL Index.
The Tier 2 MPL Index now comprises ABS loan pools issued through the LendingClub-Prime, Prosper, Upgrade, Upstart, Freedom (F+ Loans), LendingPoint, Pagaya, and Theorem ABS shelves.
At this time, there are no changes to our Tier 1 Index, which is generally composed of securitized loan pools with a weighted average credit score of 710 to 760.