Startups
LendingUSA exists to provide smart financing solutions at the important moments in life. The money people need, when and where they need it. LendingUSA specializes in point-of-need and direct-to-consumer financing solutions for the elective medical industry, dental care, pets, funeral, consumer goods and services and much more. We also power a proprietary network of websites that provide thousands of personal loans each month to meet a variety of needs. LendingUSA’s mission is to create lasting business partnerships by providing innovative point-of-need financing solutions. We are committed to creating the best consumer financing experience available, using a proprietary lending solution that uses next-generation underwriting and fraud detection techniques to approve loans as quickly as a few seconds. We also work closely with our merchant partners, providing the tools and training they need to maximize customer financing and grow their business. All loans are made by its lending partners. https://lendingusa.com/lending-partners/
Overview
Location
United States, California, Los Angeles
Employees
51-200
Phone
+1 800-994-6177
Total raised
$510M
Founded date
2015
Funding Rounds 3
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Oct 23, 2019 | Funding round | $250M | |
| Dec 12, 2017 | Funding round | $60M |
Mentions in press and media 5
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Oct 26, 2021 | The Real Value Of Post-Pandemic Reconnection | Camilo Concha is the Founder & CEO of LendingUSA, a point-of-sale fintech solution to help finance important moments in life. |
| Sep 3, 2020 | U.S. Small Business Lender LendingUSA Scores $200 Million Investment Commitment From Atalaya | LendingUSA, a U.S.-based fintech lender that provides loans to small businesses ranging from $1000 to $35,000, announced on Thursday it secured a $200 million investment commitment from Atalaya Capital Management, a New York-based privately... |
| Oct 22, 2019 | LendingUSA Receives $250M Investment Commitment from Atalaya | LendingUSA, a Sherman Oaks, CA-based point-of-sale (POS) fintech company, closed a new credit facility and received a total financing package of $250M from Atalaya Capital Management. The company intends to use the funds to accelerate its g... |
| Dec 12, 2017 | LendingUSA Secures $60m Credit Facility | LendingUSA, a Sherman Oaks, CA-based point-of-need financing company, secured a $60m credit facility. The funding was provided by CapitalSource, a division of Pacific Western Bank, and a provider of commercial lending and banking solutions.... |
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FAQ about LendingUSA
When was LendingUSA founded?
LendingUSA was founded in 2015.
How much funding has LendingUSA raised?
LendingUSA has raised $510M in total across 3 funding rounds.
What funding rounds has LendingUSA raised?
Parsers VC lists 3 funding rounds of LendingUSA, among them a funding round of $250M on Oct 23, 2019 and a funding round of $60M on Dec 12, 2017.
What has the press written about LendingUSA?
Parsers VC has collected 5 articles mentioning LendingUSA, among them “The Real Value Of Post-Pandemic Reconnection” (Oct 26, 2021) and “U.S. Small Business Lender LendingUSA Scores $200 Million Investment Commitment From Atalaya” (Sep 3, 2020).
Is LendingUSA still active?
Yes, LendingUSA is active; its latest activity on Parsers VC dates from Jun 13, 2023.