LoanPro, a SaaS-based loan management services provider, has raised $100 million in Series A from FTV Capital.
The funds will be used to strengthen the platform and expand the company.
Company: LoanPro Software, LLC
Raised: $100.0M
Round: Series A
Funding Month: July 2021
Lead Investors: FTV Capital
Additional Investors:
Company Website: https://loanpro.io/
Software Category: Loan management services
About the Company: Rhett, Ben, and Lloyd Roberts created LoanPro in 2014 after developing the software for their lending firm. It manages over $15 billion in loans and has over 600 clients in the United States and Canada. Automated and adjustable workflows, real-time data insights, frictionless payment collections, and the integration of new goods are all features of the platform.
Source: https://www.crowdfundinsider.com/2021/07/177586-saas-based-loanpro-confirms-100-million-raise/