KENNESAW, Ga, May 3rd, 2018 – LendingPoint, the company working to revolutionize access to credit, today announced that is has been recognized as the “Best Consumer Lending Company” by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in today’s global FinTech market.

The goal of the FinTech Breakthrough Awards is to honor excellence and recognize the creativity, hard work and success in a range of FinTech categories, including Lending, Payments, Personal Finance and Wealth Management, RegTech, InsurTech and many more. All nominations were evaluated by an independent panel of experts within the FinTech industry, including media, analysts, and technology executives.

LendingPoint combines data and technology to create a proprietary risk model that adds other dimensions to credit analytics. This model allows the company to get a more complete financial story of the customer and approve more people who otherwise may have been declined based on traditional FICO results. Loans range from $3,000 to $25,000, with terms from 24 to 48 months. LendingPoint typically responds to customers in a matter of seconds* with a decision, with loan offers and transparent terms that take the guesswork out of repayment.

About LendingPoint

LendingPoint is a balance sheet lender with a vision to revolutionize access to credit for Near Prime consumers. The company is creating a better lending environment by looking for more reasons to say “yes” — helping NearPrime customers with credit scores in the 600-700 range unlock access to affordable loans. Its award-winning leadership team brings unmatched experience in FinTech, credit, data modeling technology and risk scoring. Founded in September 2014, LendingPoint is a privately-held company with headquarters in Atlanta. For more information, visit https://www.lendingpoint.com

About FinTech Breakthrough

FinTech Breakthrough is an independent organization with an awards and recognition platform devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit www.FinTechBreakthrough.com.

* If additional identity verification is needed, the loan offer process may take longer.

Tags: Awards, Financial Awards, Fintech Breakthrough Awards, Lending, personal finance