About Us

LendingPoint’s Goal

Create frictionless access to money when and where our customers need or want it, so everyone has the opportunity to explore what’s possible.

We believe everyone deserves

Access

To credit at the moments that matter most.

Options

Personalized solutions to meet unique needs.

Excellence

Innovative products backed by best-in-class customer service.

The LendingPoint Story

It All Started with a Question

– How to Provide Access to Fair Credit to Those Who Need It Most?

The FICO-based model of evaluating credit worthiness was broken, leaving behind thousands of deserving consumers. If the FICO model said some consumers were likely to default, LendingPoint wanted to find the other individuals that were deserving of an offer of credit.

Using AI and data models, LendingPoint figured out how to say “YES” to more people.
More customers made LendingPoint’s AI smarter, driving even better models and algorithms. Merchants, Entrepreneurs, and Marketplaces began to embrace our technology to create more possibilities for their customers.

The Way Forward

Through our merchant base growth, e-commerce platform integrations, and commercial finance product development, LendingPoint is expanding our “buy now, pay later” business by introducing “qualify today, buy anywhere” technology. LendingPoint’s on-demand money product and engaging mobile experiences will provide more flexibility and point of sale opportunities for consumers at any point in their journey.

20152018

Proprietary algorithms using big data and AI create new, equitable credit models.

20182020

The model evolved to include e-commerce and Point of Sale, opening our products to the entire credit spectrum.

2021FORWARD

Frictionless commerce. Digital delivery. Expanded delivery platform. Money on demand ecosystem built for growth and value.

Leadership Team

Mark Lorimer

Mark Lorimer

Chief Executive Officer

Rich Pfaltzgraff

Rich Pfaltzgraff

Chief Financial Officer

Ashish Gupta

Ashish Gupta

Chief Risk Officer

Amanda Flashner

Amanda Flashner

Chief Experience and Communications Officer

Paul Upchurch

Paul Upchurch

Chief Technology Officer (interim)

Greg McLaughlin

Greg McLaughlin

General Counsel and Secretary

Dave Haley

Dave Haley

Chief Information Security Officer

Rick Anthony

Rick Anthony

Chief Operating Officer

Christy Mahon

Christy Mahon

Chief People Officer

Raul Tavarez

Raul Tavarez

Chief Revenue Officer

Victor J. Pacheco

Victor J. Pacheco

Chief Business Development Officer

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USA PATRIOT Act Notice: Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

2. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning FinWise Bank is the FDIC Consumer Response Center, 1100 Walnut Street, Box #11, Kansas City, MO 64106. The federal agency that administers compliance with this law concerning Coastal Community Bank is the Federal Reserve Consumer Help Center, P.O. Box 1200, Minneapolis, MN 55480. The federal agency that administers compliance with this law for LendingPoint is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.

Click here to see our current list of state licenses

California residents click here ››

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Ohio residents click here ››

LendingPoint's NMLS #1424139 Visit NMLS Consumer Access