Fundraising Fox

Lendingpoint

Kennesaw, US · Founded 2016 · 219 employees on LinkedIn · 1 known investors

Find your way into Lendingpoint

41 people in our graph share verified history with the Lendingpoint team — schools, employers, funds. One of them is your warm intro.

Miles Kilburnunlockedknows Victor Pacheco · together at First Data Corporation (overlapped)
×2knows the team · via Alfred
×9knows the team · via First Data Corporation

LendingPoint is a consumer lender and fintech that uses its own proprietary scoring and underwriting to offer personal and point-of-sale installment loans, funded through partner banks and its own licensed lending entity. It serves U.S. consumers, providing loans generally ranging from about $500 to $36,500.

Founders & leadership

Lendingpoint was founded in 2016 by Franck Jean-Claude Fatras, Victor Pacheco, Thomas Edward Burnside Jr., and Juan E. Tavares.

FJ
Franck Jean-Claude FatrasCo-founder
VPVictor Pacheco
Victor PachecoinCo-Founder & Chief Capital Officer2019–2024Victor Pacheco co-founded LendingPoint in Atlanta, where the platform originated over $12 billion in consumer loans before raising more than $300 million in equity and $4 billion in debt and securitizations. He spent more than 25 years in financial services across the Americas, including 12 years on the board of Banco Vimenca in the Dominican Republic as Executive Vice President of Grupo Vimenca, and founded Avance, a Dominican fintech.
TE
Thomas Edward Burnside Jr.Co-founder
JEJuan E. Tavares
Juan E. TavaresinCo Founderformer
M
MarkChief Business Affairs and Legal Officer
D
DanChief Risk Officer
C
CraigChief Financial Officer
RRRoy Russo
Roy RussoinChief Technology Officer
M
MichaelChief Operating Officer
C
ChristyChief People Officer
R
RaulChief Lending Officer

Board

EA
Eduardo Alberto Najri MoliniBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$12.2M disclosed across 3 rounds · 2017–2019

$3MraisedApr 2019 · 5 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeffrey YinglingDirector
  • Victor PachecoDirector, Promoter
  • Franck Jean-Claude FatrasDirector, Promoter
  • Juan TavaresDirector, Promoter
  • Funding Point Investments Ltd. Funding Point Investments Ltd.Promoter
  • Thomas Edward Burnside Jr.Executive Officer, Director, Promoter
  • MAR Point Limited MAR Point LimitedPromoter
  • Greg S. McLaughlinPromoter
  • Samuel CondeDirector
  • Manuel Enrique Tavares SanchezDirector
  • Eduardo Alberto Najri MoliniDirector
  • Hector Jose RizekDirector
  • Raul HoyoDirector
Amount sold
$3M
First sale
Mar 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$53.8KraisedFeb 2018 · 1 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Franck Jean-Claude FatrasDirector, Promoter
  • Greg S. McLaughlinPromoter
  • MAR Point Limited MAR Point LimitedPromoter
  • Victor Jose PachecoDirector, Promoter
  • Thomas Edward Burnside Jr.Executive Officer, Director, Promoter
  • Funding Point Investments Ltd. Funding Point Investments Ltd.Promoter
  • Eduardo Alberto Najri MoliniDirector
  • Samuel CondeDirector
  • Juan TavaresDirector, Promoter
  • Manuel Enrique Tavares SanchezDirector
Amount sold
$53.8K
First sale
Jan 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.2MraisedFeb 2018 · 3 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Manuel Enrique Tavares SanchezDirector
  • MAR Point Limited MAR Point LimitedPromoter
  • Victor Jose PachecoDirector, Promoter
  • Franck Jean-Claude FatrasDirector, Promoter
  • Funding Point Investments Ltd. Funding Point Investments Ltd.Promoter
  • Juan TavaresDirector, Promoter
  • Samuel CondeDirector
  • Eduardo Alberto Najri MoliniDirector
  • Greg S. McLaughlinPromoter
  • Thomas Edward Burnside Jr.Executive Officer, Director, Promoter
Amount sold
$9.2M
First sale
Dec 2017
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Lendingpoint went on to found or lead other companies.

Frequently asked questions

What does Lendingpoint do?
LendingPoint is a consumer lender and fintech that uses its own proprietary scoring and underwriting to offer personal and point-of-sale installment loans, funded through partner banks and its own licensed lending entity. It serves U.S. consumers, providing loans generally ranging from about $500 to $36,500.
Who founded Lendingpoint?
Lendingpoint was founded by Franck Jean-Claude Fatras, Victor Pacheco, Thomas Edward Burnside Jr., Juan E. Tavares in 2016.
Who are Lendingpoint's investors?
Lendingpoint's investors include Warburg Pincus.
How much funding has Lendingpoint raised?
Lendingpoint has disclosed $12.2M raised across 3 rounds.
Where is Lendingpoint headquartered?
Lendingpoint is headquartered in Kennesaw, US.