African American icons in the Fintech industry to admire and honor every day.
Today data and technology platform LendingPoint announced the closing of two securitizations of both direct-to-consumer and point-of-sale loans.
African American business icons to admire and honor every day.
Direct-to-consumer loan securitization rated by KBRA through 95% of pool balance with blended note yield of 4.25%
Gen Z may be just getting into their credit-using years, but they are already showing significant differences in their credit profiles from the Millennials and GenXers that preceded them – and our latest Data Lab survey reveals a surprising insight into the economy’s youngest generation.
LendingPoint grew 8,812.87% since its start in 2015, hit successive usage records year-over-year and is now running $100 million per month in loan originations through its platform.
LendingPoint Closes $178 Million Personal Loans Securitization
KENNESAW, Ga.–(BUSINESS WIRE)–Inc. Magazine today ranked commerce platform LendingPoint No. 17 on its 37th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. LendingPoint joins companies such as Microsoft, Dell, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names who gained their first national exposure as honorees on the Inc. 5000. LendingPoint has hit successive funding records year-over-year and is on pace to reach $100 million per month in loan originations by the end of 2019.
LendingPoint is excited to announce that CEO and founder Tom Burnside was selected as a finalist for EY’s Entrepreneur of the Year Southeast.