Tagged: doug lebda

LendingTree Acquires Student Loan Hero for $60 Million

Online lending exchange LendingTree(NASDAQ: TREE) has announced it will acquire Austin, Texas based Student Loan Hero for $60 million in cash to be paid upon closing. The transaction is expected to close in Q3 of 2018. Student Loan Hero offers students financial comparison tools, educational resources, and personalized… Read More

LendingTree to Acquire Ovation Credit Services

LendingTree, Inc. (NASDAQ: TREE) announced on Friday it has entered into a definitive agreement to acquire Ovation Credit Services, Inc., a provider of credit services with a strong customer service reputation. According to LendingTree, Ovation Credit Services utilizes a proprietary software application that facilitates the credit… Read More

LendingTree Partners With Lend360 to Launch Startup Innovators Program

On Monday, Lend360 announced it has teamed up with LendingTree to launch Startup Innovators Program, an on-site competition where fintech startups will present cutting-edge solutions that are propelling the online lending ecosystem forward. Winners of this new competition will receive $10,000. Lend360 revealed that startups in… Read More

LendingTree Announces Acquisition of SnapCap’s Non-Lending Assets

LendingTree, Inc. (NASDAQ: TREE) announced on Tuesday it has acquired certain assets of Snap Capital LLC, a tech-enabled online platform connecting business owners with lenders offering small business loans, lines of credit and merchant cash advance products through a concierge-based sales approach. While sharing details about the… Read More

LendingTree Names Starbutter AI Winner of $25,000 Startup Innovation Spotlight

Online loan marketplace LendingTree announced on Thursday it has named Starbutter AI the winner of its Startup Innovation Spotlight, which showcased the top startup companies in fintech. LendingTree teamed up with LeadsCon for the event.  According to the company, the finalists presented their business plans on… Read More

LendingTree Announces Startup Innovation Spotlight Finalists

LendingTree announced on Monday the five finalists for its new Startup Innovation Spotlight initiative, which was to show off the top startup companies in fintech. The online lender teamed up with LeadsCorp for the contest. As previously reported, the LendingTree Startup Innovation Spotlight will recognize the most innovative… Read More

LendingTree Appoints Former Travelocity Manager Brad Wilson As New Chief Marketing Officer

LendingTree (NASDAQ: Tree) announced on Monday it has appointed Brad Wilson as its new Chief Marketing Officer. According to the online lender, Wilson has experience in growth and profitability of consumer brands and held the position of General Manager at Travelocity. Speaking about Wilson’s appointment,… Read More

LendingTree Teams Up With LeadsCorp to Launch New Initiative That Showcases Top Startup Companies in Fintech

LendingTree, Inc. (NASDAQ: TREE) announced on Thursday it has teamed up with LeadsCorp to launch a new initiative that will showcase top startups in the fintech industry. According to LendingTree, the LendingTree Startup Innovation Spotlight will recognize the most innovative fintech startups across the consumer… Read More

LendingTree Announces DepositAccounts.com Acquisition

On Friday, LendingTree, Inc. (NASDAQ: TREE) announced it has acquired certain assets of DepositAccounts.com, a leading consumer-facing media property in the depository industry. According to LendingTree, DepositAccounts.com is considered one of the most comprehensive sources of depository deals and analysis online, covering all major deposit product… Read More

Prosper Puts Limitations on New Borrowers, Blogs about Transparency’s Importance

Online lender Prosper Marketplace has put its relationships with the loan referral websites LendingTree and Credit Karma on hold, according to The Wall Street Journal, signifying the platform’s own lending slowdown as it tries to shore up new deals with investors to buy loans. Earlier this week, LendingClub raised… Read More

Lending Tree Reported Strong Q1 Results. Guides Higher for Q2

In contrast to what we are hearing from some other online lending platforms, Lending Tree (NASDAQ:TREE) reported strong Q1 results this morning. Earnings per share (EPS) came in at $0.76 topping the Capital IQ consensus number of $0.74/share.  The top line number was $94.7 versus… Read More

Connected Investors Unveils Centralized Real Estate Investment Portal CiX

Connected Investors, a real estate investors network and marketplace, today announced the launch of centralized real estate investment funding portal, CiX.com. The technology allows real estate investors to quickly and easily submit their deals to a network of asset-based lenders, ensuring the best terms for… Read More

LendingTree Says Borrowers Can Save Big by Comparison-Shopping Personal Loans (Infographic)

Online loan marketplace LendingTree has launched an ongoing study to track the range of Annual Percentage Rates (APRs) on personal loans offered to prospective borrowers on its marketplace, highlighting the money-saving benefits of comparison shopping for loan products. In the third quarter, borrowers with a… Read More

LendingTree Loan Revenue Grows with Addition of P2P Lenders

LendingTree, an online lending exchange that aggregates loan options from many providers, has announced their loan revenue exceeded $1 million during the month of July.  The company also shared their growth has increased seven fold since July of 2013.  This significant growth in both volume… Read More

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