Former Head of Global Commercial Lending at American Express Joins LendingPoint

Houman Motaharian Named Chief Revenue Officer of
Fintech Direct Lender

KENNESAW, Ga.–(BUSINESS WIRE)–LendingPoint, a trailblazing FinTech balance sheet lender known for its
groundbreaking approach and innovative customer offerings in fair-credit
lending, has announced that former American Express executive Houman
Motaharian has joined its leadership team as Chief Revenue
Officer. In his new role, Motaharian will be focused on optimizing
revenue across all departments and implementing next-generation data and
lending solutions.

A deeply experienced financial services professional, Motaharian was
American Express’ Head of Global Commercial Lending, Chief Credit
Officer for their Small Business Cards Division and Senior Vice
President of Enterprise Growth Risk & Information Management. His
impressive background in B2C and B2B payments and lending will be
leveraged to continue LendingPoint’s skyrocketing success.

“We are truly excited to welcome Houman to our leadership team. His
credit and risk knowledge is unparalleled in the financial services
industry and the considerable skills he brings to LendingPoint will
further fortify our expanding position in the underserved credit arena.
Houman joins us during a stage of fast-paced growth, with great things
on the horizon,” says Tom Burnside, LendingPoint’s CEO.

Fulfilling a pressing need for loans to consumers with credit scores in
the 600-700 range, by the end of August LendingPoint will have funded
more than $100 million loans in less than two years since the company’s
founding. Widely recognized as a leading industry innovator with its
proprietary scoring model, next-generation technology and quick loan
approval process, LendingPoint is focused on delivering an outstanding
customer experience. The considerable expertise Motaharian brings to his
new role will further foster an environment for serving the fair credit
consumer.

Houman Motaharian, Chief Revenue Officer, says, “Having known the
founders of LendingPoint for years, these leaders have the sharpest
minds in lending today. Serving on their board of directors has allowed
me to see firsthand their commitment to serving consumers with credit
scores between 600 and 700, and now I can add my passion to theirs and
bring big ideas to life by collaborating with this phenomenal team.”

About
LendingPoint

LendingPoint, a leading FinTech balance sheet lender, is on a mission
to create a fairer lending environment by helping fair credit consumers
unlock access to affordable loans. Their award-winning leadership team
holds intellectual patents for unique data modeling and credit scoring.

Contacts

For LendingPoint
Lynn Harris Medcalf, 404-433-7620
lynnharrismedcalf@gmail.com