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LoanStreet
Loan sharing & management platform
- 101-200 employees
- Fintech
- B2B
- Banking
- Lending
- Financial Services
- Garment District, New York, NY
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Company mission
To provide the most efficient, transparent, and robust tools for financial institutions to manage their balance sheets, connect with partners and effectively share risk.
4% employee growth in 12 months
Our take
Credit unions, banks and direct lending companies use LoanSteet’s marketplace and tech platform to trade, report on and analyze their loan sharing activities.
For a long time, smaller financial organizations like credit unions were held back by fractured, slow, manual lending solutions, which led to the widening gap between regional and national institutions. By equipping the former group with tech to gain access to a wide network of lenders and investors, smaller institutions are able to share risks and ultimately boost their own growth potential.
Having been founded in 2013, LoanStreet is something of a veteran company in the FinTech industry. Now that it’s established strongly itself across the US, a further expansion into Canada is looking more likely following impressive series B funding.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- HSA
- Health Insurance
- Commuter Benefits Program
- Promote from Within
- Casual Dress
- Fitness Subsidies
- Paid Holidays
- Company Equity
- Life Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- FSA
- Short-Term Disability
- Personal/Sick Days
- Long-Term Disability
- Wellness Program
- Remote Work Opportunities
- Unlimited Vacation
- 401(K)
- Happy Hours
- Some Meals Provided
- Company Outings
- Lunch and Learns
Funding (last 2 of 3 rounds)
May 2023
$8.4m
SERIES A
Oct 2022
$5.1m
SEED
Total funding: $13.7m
Leadership
Ian Lampl
(CEO)Before founding LoanStreet, they spent four years working for the U.S. Treasury Department as Deputy Chief Counsel for the Troubled Asset Relief Program (TARP). There they received the Treasury Secretary’s honor award for exemplary public service.