About LoanStreet
LoanStreet provides a platform that helps credit unions and banks manage their loan portfolios through loan participations, allowing multiple lenders to share the risk and rewards of loans. The platform automates and standardizes the loan participation process, making it easier for financial institutions to handle loans and track important metrics. LoanStreet stands out from competitors by focusing on automation and efficiency, which helps clients scale their participation programs. The company's goal is to optimize financial operations for its clients, enhancing income generation while reducing risk.
New York City, New YorkHeadquarters
2013Year Founded
$42.6MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees
Risks
Emerging fintech startups could erode LoanStreet's market share.
Regulatory scrutiny may increase compliance costs for LoanStreet.
Economic downturns could lead to higher default rates, affecting platform attractiveness.
Differentiation
LoanStreet automates loan syndication from origination to maturity, enhancing efficiency.
The platform offers detailed analytics, including long-term prepayment rates, for better decision-making.
LoanStreet's network effect increases opportunities as more institutions join the platform.
Upsides
Growing demand for digital loan syndication boosts LoanStreet's market potential.
Advancements in AI enhance LoanStreet's risk assessment and loan performance analytics.
Regulatory focus on transparency increases demand for LoanStreet's detailed reporting features.
Funding
Total raised$42.56 M
Latest valuation$125.00 M
StageSERIES_B
SERIES B
1/31/2022$25
$125.00 MSEED
12/31/2016$1
$3.75 M