NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Lantern Credit, a financial technology company working to solve systematic inefficiencies in the consumer credit industry, adds Ricardo Gomez-Acebo to its Board of Managers. He joins Chairman John Mack, Vice Chairman John Sculley, James Held, Seth Johnson, Kevin Knight and Chad Swensen on the Lantern Board.
Gomez-Acebo has more than 30 years of experience in the Spanish and International Retail Banking sector, holding various executive roles at Spanish banks Banesto and Banco Santander including General Manager of Europe for Banesto. Gomez-Acebo led business development with strategic financial partners at Banco Santander and most recently is heading risk management for the bank.
“Ricardo Gomez-Acebo’s decades of experience in the banking industry, his extensive European connections and his thorough understanding of the global consumer credit markets will help Lantern Credit transform how financial institutions manage credit inside and outside the United States,” said Chad Swensen, CEO of Lantern Credit. “He is uniquely qualified to guide us as we develop Lantern Credit’s vision of providing innovative technology tools for the consumer credit market in various markets.”
Lantern Credit’s white label platform for financial institutions draws personal financial data including credit data, account information and personal goals to provide customers with real-time information to make informed choices designed to improve their financial wellness. Financial Institutions utilizing the Lantern Interactive Credit Report™ will benefit from having more engaged consumers and will be better equipped to provide relevant offers to those consumers. Instead of the traditional static credit report, Lantern’s Interactive Credit Report delivers access to a free credit report and score and enables consumers to model the effects of financial actions, receive and accept offers directly from lenders and make payments on existing accounts.
“Consumer credit is a difficult industry to navigate, particularly in markets that do not yet have a strong consumer credit infrastructure and Lantern Credit is breaking ground by building advanced technologies that financial institutions provide to their customers in order to benefit the entire market,” said Ricardo Gomez-Acebo, board member of Lantern Credit. “I’m looking forward to contributing to Lantern Credit’s strategic initiatives in the U.S. and globally.”
About Lantern Credit
Headquartered in Newport Beach, Calif., Lantern Credit, LLC is a financial technology company working to solve systemic inefficiencies in the consumer credit market by developing a proprietary platform that integrates and enhances key components of the consumer credit, debt, credit reporting and scoring industries. The Company’s transformative technology, including the Interactive Credit Report™, empowers consumers to model the impact of their financial actions on their credit scores, make payments, and accept new credit offers. The Lantern Platform can be licensed by financial institutions, strategic partners, and credit reporting agencies. For more information, visit www.lanterncredit.com.