LendingPoint, an online loan origination and servicing platform, has named Shawn Stone as its new Chief Executive Officer and a member of its Board of Directors. Stone, a seasoned executive with more than 25 years of experience in financial services, brings extensive expertise in credit and capital markets, loan servicing operations, and online loan origination to his new role.
Expressing his enthusiasm, Stone stated, “I am honored to join LendingPoint and to work alongside such a dedicated and talented team at a pivotal time in our growth. I previously had the opportunity to work with LendingPoint as a lending partner and was impressed with their fintech lending platform, customer-centric culture and operational excellence.”
LendingPoint is renowned for its innovative financing solutions that cater to both consumers and lending institutions. Because of its proprietary algorithms in asset management, fraud prevention, and risk management, the organization is capable of providing financing options that span the entire credit continuum. Stone’s appointment as CEO is expected to further strengthen LendingPoint’s position in the fintech industry.
