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
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