Warburg Pincus Invests $125M in LendingPoint
January 14, 2021
Warburg Pincus made a $125 million preferred equity growth investment in LendingPoint to support the company's expansion of financing solutions for ecommerce, point-of-sale, and financial institution partners and to enhance its data and technology platform. LendingPoint, a metro-Atlanta fintech that has originated over $2.5 billion in loans since 2015, will use the proceeds to scale products, data science, and merchant integrations.
- Buyers
- Warburg Pincus
- Targets
- LendingPoint
- Industry
- Payments & Fintech
- Location
- Georgia, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Warburg Pincus Invests $100M in Matera
July 17, 2024
Cloud & SaaS
Warburg Pincus has made a $100 million growth investment in Matera to fund the Brazilian banking software provider’s expansion into North America and to accelerate product development. Matera, a provider of core banking, instant payments and QR code payment solutions used by more than 250 financial institutions, reported $77 million of revenue in 2023 and has a team of over 1,000 professionals.
-
Warburg Pincus Invests $75M in Personetics
February 16, 2021
Payments & Fintech
Personetics, a provider of AI-driven personalization and customer engagement software for banks, raised $75 million in growth funding from Warburg Pincus to accelerate global expansion of its platform. The investment will support scaling distribution and product development as Personetics expands its footprint with banks across multiple markets.
-
Warburg Pincus Invests $400M in WEX Inc.
June 29, 2020
Payments & Fintech
WEX Inc. agreed to a $400 million private investment from an affiliate of Warburg Pincus, consisting of $310 million of convertible notes and $90 million of common stock, and also obtained an amendment to its senior secured credit facilities to increase financial flexibility. The transaction strengthens WEX's balance sheet and liquidity as it navigates COVID-19 headwinds and supports its strategic initiatives across fleet, travel and healthcare payments.
-
Warburg Pincus, General Atlantic and Georgian Lead Growth Investment in SPINS
January 19, 2021
Data & Analytics
SPINS, a Chicago-based wellness-focused data and analytics provider, received a growth investment led by Warburg Pincus with participation from General Atlantic and Georgian. The capital will support SPINS' expansion of sales and marketing, new product development, retail partner value, and entry into new verticals.
-
Warburg Pincus Invests in Bloomerang to Accelerate Integrated Giving Platform
February 8, 2024
Cloud & SaaS
Bloomerang, an Indianapolis-based donor, volunteer, and fundraising management software provider, received a strategic growth investment from Warburg Pincus to accelerate development of a fully integrated giving platform. The investment complements existing backer JMI Equity and follows Bloomerang’s recent acquisitions of Qgiv and InitLive as the company scales its product and customer base (now serving ~23,000 nonprofits).
-
Warburg Pincus Makes Preferred Equity Investment in Service Compression
January 17, 2024
Oil & Gas
Warburg Pincus, through its Capital Solutions Founders Fund, made a preferred equity investment in Service Compression to refinance existing borrowings and provide growth capital. The financing — paired with a new J.P. Morgan-led credit facility and additional shareholder capital — will be used to repay prior borrowings and expand Service Compression's fleet, including electric compression units to support customers' ESG initiatives.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.