LendStreet is revolutionizing debt relief by working with consumers who are financially distressed, providing them with solutions to pay off their old debt at terms that reflect their current reality. Unlike regular debt settlement models that can take months or even years, LendStreet provides financial relief far more quickly, preserving and rebuilding a customer's credit. By consolidating the debts into one 'LendStreet loan', clients are able to get a fresh start without impacting their credit score. A new monthly payment, often 20% or lower, is negotiated, making it more manageable for their client's budgets. LendStreet seeks to create new products and avenues that prioritize their customers’ success, as opposed to capitalizing on their struggle.
LendStreet is no longer operating.
Location: United States, Georgia, Atlanta
Employees: 11-50
Total raised: $117M
Founded date: 2010
Investors 5
| Date | Name | Website |
| - | Unreasonab... | unreasonab... |
| - | Radicle Im... | radicleimp... |
| - | Backstage ... | backstagec... |
| - | Hard Yaka | hardyaka.c... |
| - | Pi Investm... | pi-investm... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 13.06.2018 | Series A | $117M | - |
Mentions in press and media 9
| Date | Title | Description | Source |
| 16.12.2021 | LendStreet Announces New Executive Leadership with Regina Wa... | LendStreet has announced the addition of Regina Wallace-Jones as Chief Operating Officer We are thri... | prweb.com/... |
| 11.08.2020 | Arlan Hamilton’s Four Tips For How Founders Can Navigate The... | Arlan HamiltonBackstage Capital Arlan Hamilton is the Founder and Managing Partner of Backstage Cap... | forbes.com... |
| 08.06.2018 | Debt restructuring company Lendstreet receives $7m funding | Lendstreet is based in Oakland, California US-based Lendstreet has just closed a $7 million series ... | fintechfut... |
| 08.06.2018 | LendStreet Closes $7M Series A Funding; $110M in Debt Financ... | LendStreet, Inc., an Oakland, CA-based online consumer debt restructuring and consolidation platform... | finsmes.co... |
| 07.06.2018 | LendStreet Scores $7M Series A Round | OAKLAND, CA, LendStreet, the leading online consumer debt restructuring and consolidation platform... | vcnewsdail... |
| 07.06.2018 | Term Sheet — Thursday, June 7 | BUYING LEGITIMACY Good morning, Term Sheet readers. Paid Content How can you protect what you can'... | fortune.co... |
| 14.05.2018 | 80% of start-up money goes to three states - here's what one... | Advertisement Ross Baird is the president of Village Capital and the author of the "The Innova... | businessin... |
| 15.10.2016 | Funders must give minority founders a fair deal | Kathleen Kelly Janus Contributor Kathleen Kelly Janus is a lecturer at Stanford's Program on Social... | techcrunch... |
| 09.07.2016 | Meet Marlon Nichols, General Partner at Cross Culture | Strategically partnered with Atom Factory and SmashD, Cross Culture approaches tech differently The... | vator.tv/n... |