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  6. LendingPoint Acquires LoanHero

M&A Deal Summary

LendingPoint Acquires LoanHero

On January 11, 2018, LendingPoint acquired internet software and services company LoanHero

Acquisition Highlights
  • This is LendingPoint’s 1st transaction in the Internet Software and Services sector.
  • This is LendingPoint’s 1st transaction in the United States.
  • This is LendingPoint’s 1st transaction in California.

M&A Deal Summary
Date 2018-01-11
Target LoanHero
Sector Internet Software and Services
Buyer(s) LendingPoint
Deal Type Add-on Acquisition

Target

LoanHero

La Jolla, California, United States
LoanHero, Inc. is a fintech platform for point of sale finance. LoanHero was founded in 2014 and is based i La Jolla, California.

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Buyer(S) 1

Buyer

LendingPoint

Kennesaw, Georgia, United States
Category Company
Founded 2014
Sector Financial Services
DESCRIPTION

LendingPoint is a provider of direct lending services online. LendingPoint offers a fairer lending environment by helping fair credit consumers unlock access to affordable loans. LendingPoint was founded in 2014 and is based in Kennesaw, Georgia.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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