LendingPoint Closes Up to $110 Million Mezzanine Facility with Midcap Financial Trust and Apollo Investment Corporation
Amount Raised
$110 Million
Round Type
Venture
KennesawFinancial ServicesE CommerceFintechDescription
LendingPoint Consolidated, Inc., parent of the financial technology platform LendingPoint, today announced the closing of an up to $110 million, 5-year corporate mezzanine credit facility (the “Facility”) with new partners MidCap Financial Trust (“MidCap”), managed by a subsidiary of Apollo Global Management, Inc. and Apollo Investment Corporation (NASDAQ: AINV).
Quick answer
LendingPoint raised $110 Million in a funding round, dated March 9, 2021. LendingPoint is based in Kennesaw, Georgia, United States.
- How much did LendingPoint raise?
- LendingPoint raised $110 Million in a funding round on March 9, 2021.
- What does LendingPoint do?
- LendingPoint is a financial technology platform that provides financing origination solutions for its ecommerce and point of sale partners, its lending institutions and to consumers.
- Where is LendingPoint based and how big is it?
- LendingPoint is based in Kennesaw, Georgia, United States.
- Who are the decision-makers at LendingPoint?
- Fundz holds 1 contact at LendingPoint. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and E Commerce around the same time
Companies in the same sectors as LendingPoint that raised within 45 days of this round, from Fundz verified event records.
- Easebuzz raised $4M (Seed) on April 1, 2021.
- Value Exchange International, Inc. raised an undisclosed amount on April 20, 2021.
- Cashfree, Inc. raised $35M on April 14, 2021.
- Fold raised $17M on April 7, 2021.
- Cred raised $215M (Series D) on April 6, 2021.
- BrightPlan Group raised $9.5M (Series A) on April 1, 2021.
Who to call at LendingPoint, and when
A new round usually means LendingPoint is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day LendingPoint raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at LendingPoint, from your own LinkedIn network
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Related People
LendingPoint raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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