Atlanta-Based LendingPoint Named Best Financial Planning Software by Benzinga in 2021 Global Fintech Awards
Financial technology platform named a Benzinga Global Fintech listmaker for the third consecutive year
KENNESAW, Ga.–(BUSINESS WIRE)–LendingPoint, an AI-driven CreditTech platform, today announced that it won Best Financial Planning Software from Benzinga in the seventh annual Global Fintech Awards. The award recognizes LendingPoint’s ability to adapt and innovate to serve its customers at all experience touchpoints to provide fair access to credit for those that need it most. Through top-of-the-line customer experience and a “qualify today, buy anywhere” philosophy, LendingPoint has concentrated on creating algorithms, data models, and technology to provide life-changing financial opportunities for those establishing new or bettering existing credit profiles, rebuilding their credit, and self-employed entrepreneurs.
LendingPoint also earned Benzinga Listmaker honors for Best Financial Planning Software in 2021 and Best Lending Platform in 2020 and 2019. Benzinga Listmakers are comprised of carefully vetted companies and executives with the highest-ranked scores in each award category.
“With a keen eye on the future, LendingPoint is innovating on all fronts to continue to make the lending and financial planning experience a better, smarter experience for all,” said Tom Burnside, CEO and Co-Founder of LendingPoint. “We’ve found that data-driven tools create a frictionless user experience to help them achieve their long-term financial goals. We are delighted that Benzinga recognizes how LendingPoint is using its digital offerings to bring new audiences to the lending community while keeping long-time customers engaged.”
Featuring 29 award categories, the 2021 Benzinga Global Fintech Awards recognizes outstanding companies from all over the financial technology space, impacting sectors such as banking, investing, trading, technology, and financial literacy. The winners in each category were announced on Tuesday at Benzinga’s virtual awards ceremony that also featured an agenda including a keynote session, panel discussions, and opportunities to network with fellow attendees.
In October, LendingPoint announced the closing of its second rated consumer loan ABS issuance: LendingPoint 2021-B Asset Securitization Trust, which was priced at $400 million and backed by a pool of unsecured, direct-to-consumer loans, marking another milestone and bringing its total consumer loan ABS issuance amount to over $3.6 billion. LendingPoint also recently announced its record growth achievement in the first half of 2021 with an increased revenue of 214.8% in 1H2021 over 1H 2020. LendingPoint also launched its first digital card partnership, grew AI risk, credit, performance, and propensity data signals to over 60 billion, and is on track for its second consecutive year of profitable growth.
About LendingPoint
LendingPoint is an AI-driven CreditTech platform that provides financing origination solutions to consumers, for ecommerce and point of sale partners, and lending institutions. The company’s fraud prevention, risk and asset management algorithms are used to create financing opportunities across the credit spectrum. Its LendingPoint Merchant Solutions platform provides ecommerce platforms, merchants, and other service providers fully integrated, one-stop financing solutions to convert more customers.
For the past three years, LendingPoint has been named to Inc. 5000’s list of fastest-growing private companies, ranking 17th in 2019. LendingPoint ranked on Deloitte’s Technology Fast 500 list in 2019 and 2020 and was honored as one of the top 40 fastest growing companies in Atlanta by the ACG in 2019, 2020, and 2021. LendingPoint also was named one of the 2021 Best Places to Work by the Atlanta Business Chronicle. LendingPoint is a privately held company headquartered in metro Atlanta, with offices in San Francisco and New York. LendingPoint, LLC owns and operates the LendingPoint platform.
Contacts
Rachel Fiore
Just Drive Media
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