Online near prime lender LendingPoint to boost expansion into point-of-sale with acquisition of LoanHero. Source
LoanHero has appointed three new executives: Zalman Vitenson, Olaf Janke and Michael Sides; Vitenson will take the CEO role, Janke will be the firm's new CFO and Michael Sides has been hired as the firm's vice president of sales; LoanHero provides an innovative technology loan origination platform for point of sale lending. Source
It’s not often we report on acquisitions in fintech. From my perspective this is because the industry is still relatively...