LoanHero
Information by Research TrustFinance
Founded in 2014, LoanHero, Inc. was a financial technology company that provided a platform for point-of-sale financing. The company's solution enabled merchants, particularly in sectors like medical procedures, home improvement, and auto repair, to offer immediate financing options to consumers at the checkout. LoanHero's platform connected multiple lenders to provide high approval rates for customers seeking to break up large purchases into manageable monthly payments. In late 2017, the company was acquired by Bread, another leader in the buy now, pay later (BNPL) and POS financing space, and its technology and operations were integrated into Bread's platform.
United States
Industry
- PSP GatewayPRIMARY
- Other Service
Financial