This week, marketplace lending platform, LendingUSA, announced that it has appointed Richard Escarcega as its new senior controller. Escarcega notably has 20 years of accounting experience and will be reporting to Camilo Concha, founder and CEO of LendingUSA.
According to LendingUSA, Escarcega will oversee the day-to-day accounting operations, which will include the platform’s direct to consumer loan program as well as its merchant lending portal. Concha stated:
“We’re very excited to have somebody of Richard’s knowledge and experience on board. Not only does he bring decades of financial expertise to the table, he’s a passionate leader and team builder with clear insight into both the short-term and long-term impact of any decision. We look forward to his contributions as we continue our push to transform and lead the personal lending industry.”
Escarcega served as Tax and Accounting Manager at financial services firm Hamill and Kaplan, where he oversaw complex financial issues including tax planning, preparation, and research for high-net-worth individuals and business entities.
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Reg A - Form 1-A Filings Beta
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 29, 2026 vs Jan 1, 2025 - Oct 29, 2025
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Number of Filings132Prior 128 +3.1%
Target Raise, Total$3.44BPrior $3.56B -3.5%
This YTD
Year prior
Change
Filings
132
128
+3.1%
Target raise
$3.44B
$3.56B
-3.5%
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“We’re very excited to have somebody of Richard’s knowledge and experience on board. Not only does he bring decades of financial expertise to the table, he’s a passionate leader and team builder with clear insight into both the short-term and long-term impact of any decision. We look forward to his contributions as we continue our push to transform and lead the personal lending industry.”
