Tagged: lendingtree

BNPL: Consumers Are Using Buy Now Pay Later to Make Ends Meet, Report Reveals

Buy now, pay later (BNPL) loans aren’t only for fancy shoes, kitchen appliances and gaming systems, according to an update from LendingTree. Millions of Americans “use these loans as lifelines.” The latest LendingTree survey finds “that 27% of BNPL users say they use these loans… Read More

LendingTree Launches New Card Working with Upgrade

LendingTree (NASDAQ: TREE) has announced its own bespoke card in partnership with Fintech Upgrade. LendingTree is best known for providing consumers with comparative information on loans and other financial recommendations. According to a company release, the “LendingTree Win Card” is the company’s first push into… Read More

EarnUp Attracts $31M Series C to Beef Up Mortgage Tech Offerings

EarnUp, a San Francisco-based fintech company offering payment and data solutions for the mortgage industry, closed a $31 million Series C financing round this week. Included in this round are new strategic investors, LendingTree (NASDAQ:TREE) and KeyBank (NYSE:KEY), in addition to Bain Capital Ventures, SignalFire,… Read More

LendingTree Teams Up With Westlake Financial For Indirect Auto Lending Platform

  Online lending exchange LendingTree (NASDAQ: TREE) announced on Friday it is launching an indirect auto lending platform. LendingTree revealed that the platform, which is created with Westlake Financial, will enable consumers to shop and compare pre-qualified indirect auto loan rates on the LendingTree website…. Read More

LendingTree Launches Connected Bank Accounts & Other New Consolidated Money Management Features through Mobile App

Online lending exchange LendingTree (NASDAQ: TREE) announced on Tuesday the launch of a series of new features for My LendingTree users to help consumers better manage their financial lives. The launch of the latest features comes six months after LendingTree launched a free identity monitoring… Read More

Micro Investment Mobile App Provider Stash Secures $112 Million in Capital via Round led by LendingTree

US-based Stash, the developer of a micro-investment mobile app, has acquired $112 million in capital through a Series F funding round that was led by LendingTree. Several other companies took part in Stash’s latest round, including Breyer Capital, Goodwater Capital, Greenspring Associates, Union Square Ventures… Read More

LendingTree Partners With ID Experts to Launch Free Identity Monitoring Feature

Online lending exchange LendingTree (NASDAQ: TREE) announced on Monday the launch of a free identity monitoring feature for My LendingTree users through a new partnership with ID Experts, an identity protection provider. LendingTree reported the feature was created in an effort to help consumers further safeguard… Read More

LendingTree Chief Economist: Bitcoin a “Scam” and “Pyramid Scheme”

LendingTree Chief Economist Tendayi Kapfidze told reporters at Yahoo Finance January 1st that Bitcoin is “a pyramid scheme” and a scam with no particular utility. Kapfidze made the comments just after co-panelist Oliver Pursche, Chief Market Strategist at Bruderman Asset Management, described his own cryptocurrency investments and… Read More

LendingTree Acquires Certain Assets of Dubond Infotech Services

Online lending exchange LendingTree(NASDAQ: TREE) announced on Wednesday it has acquired certain assets of Dubond Infotech Services, LLP through a subsidiary after exercising its previously disclosed purchase option acquired in connection with its MagnifyMoney acquisition in June 2017. According to LendingTree, the Dubond transaction was completed on December 31,… Read More

LendingTree Completes Acquisition of QuoteWizard & Announces Revolving Credit Facility Amendment

Online lending exchange LendingTree(NASDAQ: TREE) announced earlier this week it has completed the acquisition of insurance comparison marketplace, QuoteWizard. As previously reported, QuoteWizard has helped nearly 40 million consumers find their ideal insurance policy with top-tier insurance carriers across key insurance markets, which are auto, home, and… Read More

LendingTree Set to Acquire Insurance Comparison Marketplace QuoteWizard

Online lending exchange LendingTree(NASDAQ: TREE) announced last week it is now set to acquire insurance comparison marketplace, QuoteWizard. According to LendingTree, QuoteWizard has helped nearly 40 million consumers find their ideal insurance policy with top-tier insurance carriers across key insurance markets, which are auto, home, and health…. Read More

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

Online Lender LendingTree Completes Ovation Credit Services Acquisition

LendingTree, Inc. (NASDAQ:  TREE) announced on Tuesday its subsidiary, LendingTree, LLC, completed its acquisition of Ovation Credit Services, Inc., a leading provider of credit services with a strong customer service reputation. The acquisition was announced last month. According to LendingTree Ovation Credit Services utilizes a proprietary software… Read More

LendingTree Forms Partnership With Autotrader & Kelley Blue Book to Offer Shoppers Auto Lending Options

Autotrader and Kelley Blue Book announced earlier this week it is working with LendingTree to offer more auto lending options. While sharing details about the new collaboration, Jai Macker, Senior Vice President of Product at Cox Automotive, the mother company of Autotrader and Kelley Blue… Read More

Mortgage Transaction Tech Provider Roostify Announces Integration With LendingTree

Roostify, a California-based provider of automated mortgage transaction technology, announced on Thursday it has integrated with real estate marketplace lending platform LendingTree (NASDAQ: TREE). According to Roostify, the new integration makes it easier for consumers to locate and apply with the right lender. Roostify also reported… Read More

LendingTree Enters into $250 Million Amended & Restated Credit Facility

LendingTree recently announced it has entered into an amended and restated $250 million five-year senior secured revolving credit facility that will replace its previous $125 million credit agreement. According to the online lender, the amended and restated revolving credit facility provides increased borrowing capacity and improved pricing, along with greater strategic and operational… 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

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