Tech Company Financing Transactions
LoanStar Technologies Funding Round
LoanStar Technologies, operating out of Swarthmore, raised $28 million from Sageview Capital and Ben Franklin Technology Partners.
Transaction Overview
Company Name
Announced On
1/30/2024
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Undisclosed
Investors
Sageview Capital (Lead Investor) (Scott Stuart)
Proceeds Purpose
The new capital is expected to help increase LoanStar's home equity line of credit business and help it expand into RV loans.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
791 S Chester Rd
Swarthmore, PA 19081
USA
Swarthmore, PA 19081
USA
Phone
Website
Email Address
Overview
A thriving community focused on customer-centered embedded lending; We enable lenders and merchants of every size elevate their brand, expand their customer base, and power new business growth through embedded lending and point-of-sale financing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Turner
Chief Financial Officer
Scott Stiegler
Chief Operating Officer
David Haslam
VP - Sales
Eric Snyder
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