LoanPro, a SaaS-based loan management, servicing and collections platform for alternative, fintech and traditional lenders, has raised a $100 million growth equity investment from FTV Capital, a sector-focused growth equity investor in innovative enterprise technology and services, financial services, and payments and transaction processing companies. 

“As founders who started out as lenders, we understand the pain points that lenders experience,” says Rhett Roberts, co-founder and CEO of LoanPro. “LoanPro was built by lenders for lenders—we use a modern tech stack to simplify the user experience of managing loans—we do the hard work on the back end to make the front end clean and simple to use. FTV Capital’s investment, in addition to their extensive market knowledge and vast strategic network, will help us grow our platform and accelerate our ability to reach and successfully serve even more lenders.”
Read more/Source: Private Equity Wire