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lending technology

lending technology

With New Funding Boost, Wilmington-based Lumos Is Bringing More Data To Small Dollar Lending

With New Funding Boost, Wilmington-based Lumos Is Bringing More Data To Small Dollar Lending

Veterans of Live Oak Bank, one of the top SBA lenders in the US, have joined the Wilmington, North Carolina fintech startup world to help small businesses get more access to financing options. Lumos was co-founded in 2021 by Youri Nelson, Brett Caines, and Stephen Hayes, who worked as

greensky

GreenSky Partners With Amex to Expand the Fintech Giant's Merchant Base

Atlanta-based fintech company GreenSky has expanded its network of customers it can seamlessly reach with its point of sale lending solutions by partnering with American Express. The strategic alliance will allow merchants within the American Express network to access GreenSky’s digital payments and loan financing tools. Over 12,

Atlanta's Most Valuable Fintech Company Files for IPO

Atlanta's Most Valuable Fintech Company Files for IPO

GreenSky, an Atlanta-based online lending technology provider, has filed documents to go public with an initial offering of $100 million in shares. The fintech company is currently the third most valuable in the U.S. after Stripe and SoFi. GreenSky last took in outside capital in 2016, raising $50

LendingPoint Acquires LoanHero to Cater to On-Site Borrowers

LendingPoint Acquires LoanHero to Cater to On-Site Borrowers

After picking up a $500 millon credit facility last year to fund more nontraditional consumer loans, fintech startup LendingPoint kicked off 2018 by acquiring point of sale finance platform LoanHero. LendingPoint uses a technology-based data algorithm to look deeper into a potential customer's credit profile, usually "