LendingPoint Raised $125m From Warburg Pincus
The fintech company LendingPoint has just raised 125m Warburg Pincusann Azevedofinledger from private equity giant Warburg Pincus. Managing Editor of FinLedger Mary Ann Azevedo was previously with FinTech News. She was responsible for helping FinLedger become a go-to source for fintech news.
LendingPoint raises $125M from private equity giant Warburg Pincus
LendingPoint, a company based in Kennesaw, Georgia, has raised 125m Warburg Pincusann Azevedofinledger equity giant Warburg Pincus. The company provides e-commerce and point-of-sale (POS) partners with financing solutions that help them grow their businesses. The company also offers lending solutions to consumers. The company has been accredited by the Better Business Bureau (BBB) since 12/12/2014. Tom Broadhurst is co-founder and chief executive of LendingPoint.
LendingPoint’s growth continues to be driven by strong demand. Its founders have a background in finance and tech and are actively looking to make their company more accessible to borrowers. Their management team has extensive experience in the industry, and they are able to work from home.
Founded in 2007, LendingPoint has r125m Warburg Pincusann Azevedofinledger B financing led by Warburg Pincus. Warburg Pincus has invested in a number of tech companies. Its portfolio includes digital security platform Aura. It has also invested in cloud-based legal document management and software therapy delivery platform Phil. The private equity firm has also acquired a stake in a UK building compliance services provider.
Mary Ann Azevedo is Managing Editor of FinLedger
Mary Ann Azevedo, a 20-year journalist who has covered financial technology, has joined FinLedger as Managing Editor. She will oversee the news strategy and build a team of fintech journalists. Prior to her current position, Azevedo was the senior fintech reporter at Crunchbase News. Azevedo also contributed to Forbes and was ranked number 7 on Techmeme’s Author by Presence leaderboard.
Mary Ann Azevedo joined FinLedger after spending five years at Crunchbase News, covering startup tech and venture funding trends. She also worked as a reporter for the Silicon Valley Business Journal and the Houston Business Journal. She is a veteran of the financial services industry and has won numerous awards for her work. Azevedo has a Master’s degree in journalism from the University of Texas in Austin.