LendingTree, an online financial services marketplace, secured up to $175 million in financing in the form of a first lien term loan facility from funds managed by Apollo affiliates.
LendingTree reported its results for the quarter ended March 31, 2019, including a record consolidated revenue of $262.4 million, up 45% over Q1/2018.
LendingTree appointed Laura Yens as the company’s general counsel. She succeeds Kate Pierce, who retired in August 2018.
Fintech lender LendingTree entered into a definitive agreement to acquire Value Holding, the parent company of personal finance website ValuePenguin.com, for a total consideration of $105 million paid in cash.
Fintech lender LendingTree has entered into a definitive agreement to acquire Ovation Credit Services, a provider of services that helps consumers repair their credit ratings.
LendingTree, an online loan marketplace, entered into an amended and restated $250 million five-year senior secured revolving credit facility that will replace its previous $125 million credit agreement.
J.D. Moriarty will be joining the online lender LendingTree as its senior vice president, Corporate Development, effective April, 2017.
Fintech lender LendingTree has promoted Nick Salvage to the newly created position of president and named Nikul Patel to chief product and strategy officer.