Financial technology platform named a Benzinga Global Fintech listmaker for the third consecutive year
LendingPoint, an AI-driven CreditTech platform, 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.
“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”
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.
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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.
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