LoanPro

LoanPro

Financial Services

Farmington, UT 4,820 followers

Powering financial innovation with a modern loan servicing core

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Today, credit providers are stuck choosing between outdated legacy systems, new market entrants without scale, or in-house tools that increase your operating expense.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

  • When it comes to loan management software, calculating ROI is crucial to choosing the right solution for your business. It's all about weighing the costs against the value it brings, from better efficiency to reduced compliance risks. In our latest blog post, we dive deep into the ROI calculation process for loan management software, breaking down the costs and value drivers you need to consider—like increased efficiency, reduced compliance risks, and better customer repayment rates. Whether you're assessing new software or comparing options, knowing how to quantify ROI is a game-changer for making informed decisions. 💡 🔗 Read the full blog post here: https://lnkd.in/gQdXq8ey

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  • Save the date! 💡 We're excited to be a part of Utah Tech Week by participating in a panel discussion all about the state of fintech in Utah. If you'll be in Utah next week, join us as we dive into the latest trends, challenges, and opportunities shaping the fintech landscape in the Beehive State. 👇

    View organization page for Utah Innovation Fund, graphic

    1,956 followers

    Utah Tech Week is here, and we’re thrilled to sponsor an incredible panel discussion on FinTech in @Utah! Utah is not just home to beautiful mountains—it’s also a growing hub for innovation and technology. Join us as we dive into the thriving FinTech ecosystem, featuring insights from some of the brightest minds in the industry: 💡 Ryan Christiansen – Executive Director, Stena FinTech Center 💡 Jane Barratt – Chief Advocacy Officer, MX 💡 Rhett Roberts – CEO, LoanPro 💡 Derek White – CEO, Galileo When: Tuesday, January 28th at 9:00 AM Where: Hardware Building, SLC This panel will explore how Utah has become a FinTech powerhouse, fostering growth, innovation, and collaboration. Whether you’re an entrepreneur, investor, or just curious about the space, this is your chance to learn from industry leaders and discover why Utah is the best place to build in FinTech. Don’t miss this opportunity to connect, learn, and be inspired! 🔗 RSVP here: https://lu.ma/1g0u1fpj Let’s keep building the future of FinTech, together.

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  • LoanPro's latest release notes are here! 🎉 Q4 was packed with powerful updates that are improving the lending and credit management experience. These new features are designed to increase operational efficiency while also reducing risk. Here's a peek at what's new: ✅ UCC lien search and filing tool ✅ Nacha "On Us" that simplifies payment processing and cut ACH fees ✅ Report File Hub for streamlined reporting And so much more. Dive into the full release notes to learn more: https://lnkd.in/gVp_XVB2

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  • Earlier this month, the Consumer Financial Protection Bureau finalized a new rule that will keep medical bills and debts off of consumers’ credit reports. Depending on who you’re listening to, it’s either a long-awaited change that will keep people from financial ruin, or a blatant overreach of regulatory power that will doom consumers and creditors alike. And in both cases, there’s some confusion over exactly what the rule will do. 🤔 That’s why our most recent blog post looks over the specifics of the rule, as well as the previous CFPB research that informed it, giving you a short summary of what the rule does—and what it doesn’t do. Read the full blog post here: https://lnkd.in/gwkJh8e7 #cfpb

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  • We couldn’t be more excited to announce that we’re a platinum sponsor alongside Mastercard for the 2025 Fintech XChange conference in Salt Lake City! 🎉 Our co-founder & CEO, Rhett Roberts, will also be taking the stage at the conference with Carl Pascarella, ex-CEO of Visa and Senior Adviser at TPG Capital, for a session titled “Transforming Lending: Innovations and Insights.” Together, they’ll dive into the rapid evolution of the lending market, fueled by the demand for innovative loan products and the growing use of real-time data to make instant, impactful lending decisions that benefit both consumers and small businesses. We can’t wait to see you there and be part of the conversation shaping the future of fintech! #fintechxchange

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    4,820 followers

    Fintech in 2024 was a wild ride. As we dive into 2025, it’s hard to ignore the rapid shifts that defined 2024 in fintech. From regulatory shakeups to tech breakthroughs, 2024 was one for the books. While we’re already well into January, it’s clear that fintech never slows down, and we’re still catching up to the changes that unfolded. Let’s take a look back at the moments that shaped 2024. 👀 #fintech

  • A new Accrued: After Hours is out now! Recorded live at LoanPro’s Salt Flats Summit, this special episode features Ben Boyer from World Acceptance (World Finance). Ben shares insights into World Acceptance’s customer-first approach, why credit builders are critical to unlocking financial opportunities, and how personalized credit products can empower your customers. Read our recap below after listening to the episode on Fintech Confidential 👇

    Accrued: After Hours - Episode 22

    Accrued: After Hours - Episode 22

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Funding

LoanPro 1 total round

Last Round

Series A

US$ 100.0M

Investors

FTV Capital
See more info on crunchbase