On a weekly basis, businesses operating within security-critical industries are reminded that security is critical. In just the past handful of days, three substantial cyberattacks on city governments, healthcare systems, and a sensitive data storage cloud infrastructure platform occurred independently. On Monday (June 10), it...
LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of the first lien term loan facility upon funding, using it for general corporate purposes that may include the repayment of...
LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept. 30, the online lending marketplace’s revenue totaled $155.2 million, down 35% from the same quarter a year earlier, according to a shareholder letter released...
When a Top 10 list only features eight brands you know they’re something special, and the Provider Ranking of Personal Loans Apps is exactly that. The Top 5 MoneyLion roars at No. 1, like you’d expect from a money lion. At No. 2 it’s SoFi,...
June 20, 2024
Consumer data from LendingTree subsidiary QuoteWizard was reportedly stolen by hackers, who are selling it to the highest bidder on cybercriminal forums. The theft and subsequent sale of stolen data may be part of the incident in which hackers accessed cloud database accounts hosted by Snowflake, Bloomberg reported Thursday (June 20), citing unnamed sources. LendingTree […]
March 27, 2024
LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of the first lien term loan...
October 31, 2023
LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept. 30, the online lending marketplace’s revenue totaled...
April 30, 2020
LendingTree has announced a strategic investment of $80 million in banking and investment service Stash, part of the latter’s Series F funding round. Other backers of Stash include T. Rowe Price...