LoanPro’s cover photo
LoanPro

LoanPro

Financial Services

Farmington, UT 5,194 followers

Powering financial innovation with a modern lending and credit platform

About us

Today, credit providers are stuck choosing between outdated legacy systems, new market entrants without scale, or in-house tools that increase your operating expense. Instead, they need LoanPro, the only end-to-end, API-first credit platform to modernize, streamline, and scale your operations. LoanPro supports accounts from origination onwards, giving lenders, card providers, financial institutions, and others a single platform for virtually any class of credit product. With best-in-class tools, LoanPro empowers credit providers to reduce risk, optimize operational efficiency, boost retention and loyalty, and drive portfolio growth. Built by lenders, for lenders. We understand the unique challenges of launching and managing credit products at scale, and we have a proven history of overcoming them.

Industry
Financial Services
Company size
51-200 employees
Headquarters
Farmington, UT
Type
Privately Held
Founded
2014
Specialties
Loan Servicing Software, Corporate Loans Software, and Industry Leading Customer Support

Locations

Employees at LoanPro

Updates

  • “The goal isn't just to improve LoanPro as a product and company, but to improve the lives of all those who work here.” 💜 We follow 12 principles that are centered on the growth and development of each individual team member as we build LoanPro. Learn more about LoanPro and our core values & beliefs here: https://lnkd.in/geh4Qe6D

  • This Thursday, we’re dropping episode 3 of Lenders on Lenders, featuring Will Tumulty, CEO of Rapid Finance! In this conversation, Julie VerHage-Greenberg and Colton Pond discuss the evolution of Rapid Finance and its impact on small business lending. They also discuss how tech, data-drive decisions, and leadership lessons from Will’s experience as a Navy SEAL are reshaping the future of lending. Follow us on Spotify and Apple Podcasts to be the first to know when the episode drops: https://lnkd.in/g_ACg_u6 

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  • THIS WEEK ❗️ Join us and Paydoff on April 16th at 1 PM ET for an exciting webinar to see how data and AI can transform your collections strategy and drive better recovery. If you haven’t signed up yet, you can register here: https://lnkd.in/gqhpn87E You don’t want to miss this! Michael Atme Colin Terry

    View organization page for LoanPro

    5,194 followers

    As delinquency rates climb, traditional collections tools are becoming increasingly ineffective. Join us for an webinar with Paydoff on April 16th @ 2 PM ET to learn how data and AI can revolutionize your collections strategy, enhance recovery rates, and drive revenue. In this session, you'll discover: ✅ How data-driven strategies can power collections ✅ Leveraging AI for smarter, more efficient customer engagement ✅ Best practices for flexible payment solutions and compliance ✅ Real-time integration tools to streamline the collections lifecycle Featuring Michael Atme, Chief Revenue Officer at Paydoff, and Colin Terry, Chief Operating Officer at LoanPro, this webinar will provide actionable insights to revolutionize your collections process and stay ahead in today’s rapidly evolving financial landscape. Whether you’re looking to refine your current strategy or implement innovative, data-driven solutions, this webinar is for you. Don’t miss out—register now: https://lnkd.in/gChS7zgd

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  • View organization page for LoanPro

    5,194 followers

    As delinquency rates climb, traditional collections tools are becoming increasingly ineffective. Join us for an webinar with Paydoff on April 16th @ 2 PM ET to learn how data and AI can revolutionize your collections strategy, enhance recovery rates, and drive revenue. In this session, you'll discover: ✅ How data-driven strategies can power collections ✅ Leveraging AI for smarter, more efficient customer engagement ✅ Best practices for flexible payment solutions and compliance ✅ Real-time integration tools to streamline the collections lifecycle Featuring Michael Atme, Chief Revenue Officer at Paydoff, and Colin Terry, Chief Operating Officer at LoanPro, this webinar will provide actionable insights to revolutionize your collections process and stay ahead in today’s rapidly evolving financial landscape. Whether you’re looking to refine your current strategy or implement innovative, data-driven solutions, this webinar is for you. Don’t miss out—register now: https://lnkd.in/gChS7zgd

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  • In today’s evolving U.S. credit card market, it’s more achievable than ever to create a unique card—but it’s still a challenge. In our final article with Alex Johnson from Fintech Takes, Alex breaks down the essential steps, from defining your purpose to building the right tech stack. Our key takeaway: Your unit economics are crucial. It’s all about smart decisions, cost control, and personalization. A huge thanks to Alex for this insightful 3-part article series on the future of the credit card market. Don’t miss this one, and be sure to check out the previous articles for more unique insights. 💡

    View profile for Alex Johnson

    Founder, Fintech Takes

    For the last couple of months, I've been working with LoanPro on a series of articles exploring the future of the credit card market. Our premise is simple - as Gen Z's adoption of credit cards accelerates (yes, Gen Z likes credit cards!), there will be a massive opportunity for new competitors in the credit card space to grab market share. In the third and final article in this series, we take a deep dive into how these new competitors can build differentiated, profitable credit card products (rather than just picking off the shelves) by leveraging modern, modular issuing, ledgering, and servicing infrastructure. Check out the article: https://lnkd.in/g5CiZEPC

  • March's edition of Keeping Up with Compliance is out now! 🎉 In this issue, we cover key highlights including the CFPB's 30-day settlement window for credit card late fees, state-level regulators ramping up enforcement, and major industry moves from companies like Klarna, Chime, NovoPayment and more. We also dive into how to navigate the ever-changing regulatory landscape and why staying proactive is essential for success. Stay informed, and read the full issue below. 👇

  • Last week, we partnered with Lithic for an insightful webinar on “Building credit cards that actually win.” We explored the challenges of launching successful credit card programs, covering market demands, customer acquisition, revenue streams, all-in-one vs. modular solutions, regulatory changes, and the role of tech and strategic partnerships in shaping the future of credit cards The webinar is now available on-demand, so you can watch it anytime, anywhere! 📺 If you missed it, catch the full webinar here: https://lnkd.in/gPDG8j6e Colton Pond Scott Johnson Robin Gandhi William Wissing

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  • We are thrilled to be selected as finalists for 2 Banking Tech Awards this year! 🏆 Best LendTech Solution – Loans 🏆 Best Personalization Solution for our Transaction level credit™ innovation We're excited to continue driving innovation, empowering lenders, and enhancing customer experiences across the financial landscape. A huge thank you to our team and partners for making this possible. #BankingTechAwardsUSA

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Funding

LoanPro 1 total round

Last Round

Series A

US$ 100.0M

Investors

FTV Capital
See more info on crunchbase