Kennesaw’s LendingPoint raises $125M to fuel the financial technology startup’s growth

LendingPoint, a fast-growing Kennesaw, Ga.-based financial technology startup, raised $125 million in an equity investment from Warburg Pincus, according to a Jan. 14 announcement.   The round, which brings its total investments to $325 million, will help LendingPoint expand its financing features for e-commerce, point of sale and financial institution partners. The company also plans to make improvements to its data and technology platform, according to the announcement.   LendingPoint,…

LendingPoint, a fast-growing Kennesaw, Ga.-based financial technology startup, raised $125 million in an equity investment from Warburg Pincus, according to a Jan. 14 announcement.   The round, which brings its total investments to $325 million, will help LendingPoint expand its financing features for e-commerce, point of sale and financial institution partners. The company also plans to make improvements to its data and technology platform, according to the announcement.   LendingPoint,…

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