LoanPro Revenue and Competitors

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Farmington, UT USA

Location

#8551

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • LoanPro's estimated annual revenue is currently $14.9M per year.(i)
  • LoanPro's estimated revenue per employee is $130,000

Employee Data

  • LoanPro has 115 Employees.(i)
  • LoanPro grew their employee count by 77% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1486.4M10251N/AN/AN/A
#2
$875560M13726914%N/A$132.5B

The LoanPro platform was started through necessity-driven innovation. In our early days as lenders ourselves, we found some frustrations of inadequate software to service loans. As serial entrepreneurs with a love of lending, we decided to build the loan-servicing operating system ourselves. This new, custom solution significantly increased our lending success. Encouraged by this success, and looking to recuperate the significant investment in software development, we decided to offer this new software to other lenders. Fast forward 14 years and that internal project has turned into what is now LoanPro. LoanPro's products are used in all 50 US states and all Canadian provinces, by lenders of all shapes and sizes. Our solutions specifically address the pain points we experienced when trying to use other, inadequate software. We achieve this by focusing on lending processes and communication. We provided greater transparency and data access than most leaders are accustomed to. We offer a modern, well-organized user interface built on a full, RESTful API, to make it easy to integrate LoanPro into existing operations. LoanPro manages $12+ Billion in loan balances with over 3 Million loan accounts (and growing rapidly), across all of its lenders. We process over $400 Million in payments each month and have a user base of over 18,000. We are a tech company at heart. For many of our Fintech clients, we are the tech in their Fintech. We seek out cutting-edge technology and implement the right solutions so our products efficiently organize and streamline lending operations in a transparent and timely manner.

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N/A

Total Funding

115

Number of Employees

$14.9M

Revenue (est)

77%

Employee Growth %

N/A

Valuation

N/A

Accelerator

LoanPro News

2022-04-19 - LoanPro's Net Promoter Score (NPS) Soars Amidst Pledge of ...

LoanPro is a core lending software which empowers tech-forward lenders through automation and data visibility. Built on its own API, LoanPro...

2022-03-22 - LoanPro Ranks No. 21 on Inc. Magazine's List of the Rocky ...

LoanPro is a core lending software that empowers tech-forward lenders through automation and data visibility. Built on its own API, LoanPro...

2021-07-07 - SaaS-Based LoanPro Confirms $100 Million Raise

SaaS-based loan management services provider LoanPro has raised a $100 million growth equity investment from FTV Capital. The investment targets platform improvements and business expansion. LoanPro was founded in 2014 by Rhett, Ben and Lloyd Roberts, who originally developed the software for t ...

2021-07-07 - LoanPro Secures $100 Million Series A Investment from FTV Capital

FARMINGTON, Utah, July 7, 2021 /PRNewswire/ -- LoanPro, a leading SaaS-based loan management, servicing and collections platform for alternative, fintech and traditional lenders, today announced it has raised a $100 million growth equity investment from FTV Capital, a sector-focused growth equ ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$28.8M1312%N/A
#2
$35.9M1331%N/A
#3
$39.2M135-5%N/A
#4
$29.7M1353%N/A
#5
$16.9M154-1%N/A