Tagged: loanhero

LendingPoint Announces Merchant Solutions Platform: Seeks to Help Retailers Increase Sales by Providing More Consumer Payment Options

Atlanta-based fintech direct loan provider, LendingPoint, announced on Tuesday the launch of its new platform, LendingPoint Merchant Solutions, which is to provide merchants and other service providers a fully integrated one-stop retail financing platform to convert more consumers at the point of sale. The launch of LendingPoint Merchant… Read More

LendingPoint Announces LoanHero Acquisition: Seeks to Accelerate Expansion to Point-of-Sale & Point-of-Need Financing

Atlanta-based fintech direct loan provider, LendingPoint, announced on Thursday it has acquired point-of-sale finance platform LoanHero. According to LendingPoint, with the combination of LendingPoint’s credit underwriting and risk management expertise, LoanHero will help accelerate LendingPoint’s expansion into point-of-need and point-of-sale financing, with its comprehensive and innovative… Read More

LoanHero Appoints Zalman Vitenson, Olaf Janke, & Mikel Sides to Executive Management Team

LoanHero, a retail fintech and loan origination platform for automated lending to consumers at the point of need, announced on Monday it appointed Zalman Vitenson, Olaf Janke, and Mikel Sides, to its executive management team. Vitenson is now the company’s CEO, Janke is the new CFO, and Sides is… Read More

LoanHero & Quorum FCU Announce Strategic Partnership

LoanHero, a retail Fintech and loan origination platform for automated lending to consumers at the point of need, has announced a strategic partnership with Quorum Federal Credit Union. Quorum is a full-service financial institution currently serving over 70,000 members across all 50 states. The partnership with… Read More

San Diego Venture Group Names LoanHero’s Derek Barclay a New Board of Directors Member

On Thursday, online marketplace lender LoanHero announced that its co-founder and president, Derek Barclay, has been selected as a new board of directors member of San Diego Venture Group (SDVG). SDVG is a non-profit organization that has a mission to provide a networking forum for its 800… Read More

LoanHero Expands Lending Operations Nationwide in Partnership With First Electronic Bank

Online marketplace lender LoanHero announced on Tuesday it has expanded its lending operations to a nationwide footprint in partnership with First Electronic Bank, Member FDIC. LoanHero was founded to provide consumers with loan products at the point of sale while facilitating the credit process for merchants… Read More

Brief: LoanHero Announces Partnership With Hair Removal Provider LaserAway

LoanHero, a point of purchase lending platform, announced this week it has formed a partnership with hair removal provider, LaserAway. Through this partnership, LoanHero intends to grow its lending footprint in the alternative and elective healthcare vertical Todd Heckmann, owner of 23 LaserAway locations throughout the… Read More

LoanHero Receives Additional $2.5 Million in Seed Funding to Support its Ambition to Disrupt Point of Sale Financing

LoanHero, a point of purchase lending platform has received an additional $2.5 million in seed funding. This follows a $1.7 million funding round announced last June when the platform also announced a $20 million debt facility.  According to information provided by LoanHero, Mucker Capital and… Read More

LoanHero Closes $1.7 Seed Round, Gets $20 Million Debt Facility

Marketplace lender LoanHero has closed a seed funding round in the amount of $1.7 million.  According to the company, the investment was led by “a New York-based investment partnership focused on early stage FinTech start-ups and included multiple local and national angel investors”.  LoanHero also… Read More

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