LendingPoint, the online balance sheet lender and provider of the LoanHero POS financing platform, today announced Antonio Martino has joined the company as its CFO.
Mr. Martino is a financial industry leader with more than 25 years of experience spanning 10 countries. Most recently he was a director of Citi Corporate Treasury, where he had global oversight roles within the asset liability management and balance sheet management processes for Citibank, N.A. He earlier served as CFO of Citibank in Turkey and across Central Europe, with roles in Istanbul and Budapest. In addition, Mr. Martino was finance director of Citibank Poland’s consumer banking division and vice president of finance within Citibank credit card business in Canada.
“We are delighted to add Tony Martino to our team at LendingPoint. His deep experience with multi-product balance sheet lenders as well as his experience in rapidly growing markets match perfectly with where we are in our journey at LendingPoint,” said Tom Burnside, LendingPoint’s CEO. “As we grow our core LendingPoint online consumer loan business as well as integrate our fast growing LoanHero acquisition, Tony’s knowledge ensures that our financial modeling, planning and execution will be done at the very highest level.”
LendingPoint announced on Jan. 11 it acquired LoanHero, a fully integrated, one-stop-shop loan origination and payments platform helping merchants provide access to consumer finance, increase revenue and eliminate friction at point of sale. In September 2017, LendingPoint announced it had closed an up to $500 million senior credit facility arranged by Guggenheim Securities.
The company also announced Luke Graham, who had been serving as LendingPoint’s CFO, assumes the role of capital markets officer. Mr. Graham is a 25-year capital markets veteran of Alostar, Wells Fargo, GE Capital and Wachovia.
“Our current growth rates, together with the addition of LoanHero’s product suite and our commitment to balance sheet lending, means that our need for more complex financing structures is growing just as fast,” Mr. Burnside said. “It is critical to our continued growth that we maintain laser focus on building and maintaining our capital stack.”