LendingPoint

LendingPoint Named to Inc. 5000 List for Fourth Consecutive Year in Seven Years of Business

Retrieved on: 
Tuesday, August 16, 2022
Finance, Asset Management, Artificial Intelligence, Banking, Data Management, Professional Services, Technology, Fintech, Atlanta Business Chronicle, Risk, Industry, CEO, Algorithm, AI, Growth, Database, Commonwealth Associates, Inc., Sale, LendingPoint, LLC, Knowledge, ACG, Inc. (magazine), Partnership, ABS, Social media, Solution, Conference, Renewable energy, Online shopping

Inc. Magazine today released its annual Inc. 5000 list, recognizing LendingPoint as one of the fastest-growing private companies in the nation for the fourth consecutive year in just seven years in business.

Key Points: 
  • Inc. Magazine today released its annual Inc. 5000 list, recognizing LendingPoint as one of the fastest-growing private companies in the nation for the fourth consecutive year in just seven years in business.
  • Were honored to be named to this prestigious list alongside some of the nations most promising companies, said Tom Burnside, CEO of LendingPoint.
  • Being named to the Inc. 5000 list for the past four years serves as a true testament to our sustainable business strategy, especially as we celebrate just seven years in business overall.
  • For the past four years, LendingPoint has been named to the Inc. 5000 list of fastest-growing private companies, ranking 17th in 2019.

LendingPoint Announces 7th Consecutive Quarter of Profitable Growth

Retrieved on: 
Thursday, May 19, 2022
Finance, Internet, Banking, Professional Services, Technology, Risk, ABS, Atlanta Business Chronicle, Solution, Algorithm, Partnership, ACG, LendingPoint, Sale, Ecosystem, LLC, Renewable energy, Bank

LendingPoint, an AI-driven CreditTech platform, today announced it achieved its seventh consecutive quarter of profitability in Q1 2022.

Key Points: 
  • LendingPoint, an AI-driven CreditTech platform, today announced it achieved its seventh consecutive quarter of profitability in Q1 2022.
  • Revenue growth in Q1 2022 increased 26.1% over Q4 2021, and 116.5% over Q1 2021.
  • I am proud to say that LendingPoint is positioned to continue its profitable momentum for the remainder of 2022 and beyond, said LendingPoint CEO Tom Burnside.
  • LendingPoint is a privately held company headquartered in metro Atlanta, with offices in San Francisco, New York, Chicago and Dallas.

Midland States Bancorp Announces Consumer Loan Origination Partnership with LendingPoint

Retrieved on: 
Monday, May 2, 2022
COVID-19, Trust, U.S. Securities and Exchange Commission, Forward-looking statement, Private Securities Litigation Reform Act, Insurance, NASDAQ, GLOBE, LendingPoint, Company, Securities Exchange Act of 1934, Securities Act of 1933, Time, Security (finance), Partnership, Sale, Goal, Solution, Terminology, Growth, Bank

EFFINGHAM, Ill., May 02, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the Company or Midland) today announced the formation of a partnership with LendingPoint, an AI-driven CreditTech platform that provides financing solutions to consumers.

Key Points: 
  • EFFINGHAM, Ill., May 02, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the Company or Midland) today announced the formation of a partnership with LendingPoint, an AI-driven CreditTech platform that provides financing solutions to consumers.
  • Through this partnership, Midland will fund consumer loans originated with its underwriting criteria through LendingPoints national network of point-of-sale retail relationships.
  • Midland expects outstanding balances through this partnership to grow to $200-$250 million over the next couple of years.
  • Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank.

LendingPoint Names Ryan Scully as New Chief Marketing Officer

Retrieved on: 
Friday, April 22, 2022
Professional Services, Data Management, Security, Technology, Finance, Software, CEO, Public relations, ACG, Marketing, Scully, LLC, Small business, Discover Financial, Atlanta Business Chronicle, Sale, Solution, AI, Algorithm, CMO, Acquisition, Risk, Bank, Online shopping, Atlanta metropolitan area, LendingPoint

LendingPoint, the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, for e-commerce and point of sale partners, and for lending institutions, announced today that Ryan Scully has joined the company as Chief Marketing Officer (CMO).

Key Points: 
  • LendingPoint, the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, for e-commerce and point of sale partners, and for lending institutions, announced today that Ryan Scully has joined the company as Chief Marketing Officer (CMO).
  • Scully will lead new product development, public relations, brand awareness, performance marketing, marketing communications, marketing tech and the build out of LendingPoints Personal Finance Management offering.
  • Ryan Scully is a financial industry leader with over 20 years of experience leading brand, marketing, and analytics initiatives, along with customer acquisition, product development, and small business lending.
  • He joined the LendingPoint team from Liberty Lending, where for the last year he led the development of a challenger brand, personal loan product, and marketing capabilities as Libertys Chief Revenue Officer.

LendingPoint Announces Record Growth for Second Half Of 2021

Retrieved on: 
Friday, March 18, 2022
Professional Services, Data Management, Technology, Finance, Software, Banking, Risk, Atlanta Business Chronicle, Partnership, Sale, LLC, Solution, LendingPoint, E-commerce, AI, ACG, Algorithm, Animal, Online shopping

LendingPoint, an AI-driven CreditTech platform, today announced it achieved record growth across its platform in the second half of 2021.

Key Points: 
  • LendingPoint, an AI-driven CreditTech platform, today announced it achieved record growth across its platform in the second half of 2021.
  • Platform originations in 2H 2021 increased 146% over 2H 2020, and were up 52% over 1H 2021 figures.
  • Revenue growth in 2H 2021 increased 111% over 2H 2020, and 48% over 1H 2021.
  • Net Income grew 73% in 2H 2021 over 2H 2020 and 15% over 1H 2021.

LendingPoint Partners with Corridor Platforms to Launch State-of-the-Art Pricing Optimization Engine That Enhances Customer Experience

Retrieved on: 
Tuesday, March 8, 2022
Professional Services, Technology, Other Professional Services, Other Technology, Finance, Software, Small business, Risk, LendingPoint, Machine learning, Atlanta Business Chronicle, EXL Service, LLC, Solution, ABS, Sale, Super-prime, Compliance, CEO, Technology, ACG, Algorithm, Bank, Online shopping, Video game, Atlanta metropolitan area, Corridor Platforms, LendingPoint, CORRIDOR PLATFORMS, LENDINGPOINT

LendingPoint, a financial AI CreditTech platform, today announced that it has chosen Corridor Platforms, a leading decision workflow automation platform, to provide it with a state-of-the-art pricing optimization engine.

Key Points: 
  • LendingPoint, a financial AI CreditTech platform, today announced that it has chosen Corridor Platforms, a leading decision workflow automation platform, to provide it with a state-of-the-art pricing optimization engine.
  • LendingPoint itself uses the platform to generate loans to sell in the ABS market, to forward flow buyers or to hold on its balance sheet.
  • We operate in a highly competitive and fast evolving online lending platform marketplace and needed pricing at segment-of-1, said Ashish Gupta, LendingPoints Chief Risk Officer.
  • Manish Gupta, CEO of Corridor Platforms, said, We are delighted to onboard LendingPoint and help enable real-time pricing optimization as a key competitive differentiator for them.

LendingClub's CEO Scott Sanborn Named 2022 Executive of the Year and LendingClub Awarded Top Consumer Lending Platform By LendIt Fintech

Retrieved on: 
Wednesday, February 9, 2022
LendingClub, Growth, Science and technology in Asia, Acquisition, LC, GAAP, NYSE, Reindeer, CEO, LendingPoint, National Association, Financial technology, Executive, Club, FDIC, SAN, Bank, Fundbox, Earnest

SAN FRANCISCO, Feb. 9, 2022 /PRNewswire/ -- Scott Sanborn, CEO of LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, has been named 2022 Executive of the Year and LendingClub was awarded Top Consumer Lending Platform by LendIt Fintech.

Key Points: 
  • SAN FRANCISCO, Feb. 9, 2022 /PRNewswire/ -- Scott Sanborn, CEO of LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, has been named 2022 Executive of the Year and LendingClub was awarded Top Consumer Lending Platform by LendIt Fintech.
  • LendIt Fintech, the world's leading fintech media company, unveiled the winners of its fifth annual LendIt Fintech Industry Awards on February 8, 2022.
  • "It feels great to be recognized for the hard work we've put in to transform our business model over the last few years," said Scott Sanborn, CEO of LendingClub.
  • LendingClub was awarded Top Consumer Lending Platform from a list of fintechs that included Upstart, LendingPoint, Avant, Earnest, and Caribou.

Coastal Community Bank Partners with LendingPoint to Expand Inclusive Lending

Retrieved on: 
Thursday, December 2, 2021
Private Securities Litigation Reform Act, Internet, Algorithm, FDIC, Security (finance), Sale, CEO, Bank, Phrase, AI, Coronavirus, Annual report, Company, Partnership, Health, CCB, LendingPoint, Solution, U.S. Securities and Exchange Commission, Coast, COVID-19, ACG, Atlanta Business Chronicle, Nasdaq, Risk, GLOBE, LLC, Unemployment, Small business, Economy, Paycheck Protection Program, Online shopping, Risk management

Coastal will expand its geographic footprint for both consumer and small business lending options via a seamless, digital experience enabled by LendingPoints award-winning platform.

Key Points: 
  • Coastal will expand its geographic footprint for both consumer and small business lending options via a seamless, digital experience enabled by LendingPoints award-winning platform.
  • With the predictive underwriting models and lower fraud rates delivered by the LendingPoint platform, Coastal will provide a more inclusive experience and be able to offer a broader range of lending solutions for our customers.
  • LendingPoint partners with banks and institutional investors to provide data-driven CreditTech solutions using AI, enabling a broader distribution of responsible lending alternatives to borrowers of all backgrounds.
  • Coastal Financial Corporation (Nasdaq: CCB), is an Everett, Washington-based bank holding company with Coastal Community Bank (the Bank) a full-service commercial bank, as its sole wholly owned banking subsidiary.

LendingPoint Ranked on Deloitte Technology Fast 500™ List of the Fastest-Growing Companies in North America for Third Consecutive Year

Retrieved on: 
Thursday, November 18, 2021
Mobile, Wireless, Technology, Finance, Security, Other Technology, Professional Services, Software, Networks, Data Management, Other Professional Services, Algorithm, Sale, Technology, Achievement, LendingPoint, Solution, Entrepreneurship, ACG, Atlanta Business Chronicle, Deloitte Technology Fast 500, Deloitte, Risk, LLC, Organization, Software, ABS, Growth, Accounting

AI-driven CreditTech platform LendingPoint today announced it was named one of the fastest-growing companies in North America on Deloittes Technology Fast 500 for the third year running.

Key Points: 
  • AI-driven CreditTech platform LendingPoint today announced it was named one of the fastest-growing companies in North America on Deloittes Technology Fast 500 for the third year running.
  • Each year the Technology Fast 500 shines a light on leading innovators in technology and this year is no exception, said Paul Silverglate , vice chair, Deloitte LLP and U.S. technology sector leader.
  • For the past three years, LendingPoint has been named to Inc. 5000s list of fastest-growing private companies, ranking 17th in 2019.
  • LendingPoint ranked on Deloittes Technology Fast 500 list in 2019, 2020, and 2021 and was honored as one of the top 40 fastest growing companies in Atlanta by the ACG in 2019, 2020, and 2021.

Atlanta-Based LendingPoint Named Best Financial Planning Software by Benzinga in 2021 Global Fintech Awards

Retrieved on: 
Thursday, November 11, 2021
Other Professional Services, Software, Finance, Banking, Data Management, Professional Services, Technology, Other Technology, LendingPoint, Software, ACG, Entrepreneurship, CEO, Technology, ABS, Atlanta Business Chronicle, LLC, Sale, Partnership, Solution, Algorithm, Risk, Film

LendingPoint, an AI-driven CreditTech platform, today announced that it won Best Financial Planning Software from Benzinga in the seventh annual Global Fintech Awards .

Key Points: 
  • LendingPoint, an AI-driven CreditTech platform, today announced that it won Best Financial Planning Software from Benzinga in the seventh annual Global Fintech Awards .
  • LendingPoint also earned Benzinga Listmaker honors for Best Financial Planning Software in 2021 and Best Lending Platform in 2020 and 2019.
  • Featuring 29 award categories, the 2021 Benzinga Global Fintech Awards recognizes outstanding companies from all over the financial technology space, impacting sectors such as banking, investing, trading, technology, and financial literacy.
  • LendingPoint also was named one of the 2021 Best Places to Work by the Atlanta Business Chronicle.