KENNESAW, Ga.--(BUSINESS WIRE)--LendingPoint, an industry-leading online direct loan provider, is excited to announce that it has added global payments industry luminary Charlie Fote to its board of directors. Fote brings nearly four decades of global market leadership, as CEO and Founder of the Fotec Group, a company at the forefront of the payments industry. Fote is globally renowned for his business acumen and aggressive growth strategies.
“Charlie is one of the most highly-respected leaders in global consumer payments. Having revolutionized the payments industry on numerous occasions, he is known for his deep understanding of the evolving global marketplace and tailoring solutions to meet ever-changing demands. Having Charlie on the board brings even more credibility to the groundbreaking work we’re doing at LendingPoint. His passion, depth of experience, and advocacy to always do the right thing by the consumer, are a perfect match to our mission,” according to Tom Burnside CEO, of LendingPoint.
Charlie Fote is joining the board at LendingPoint at a fortuitous time; the company has exceeded all of its benchmarks, rapidly expanding in just six short months. LendingPoint is reshaping the consumer lending marketplace into a space where consumers can expect both fair treatment and fair rates, along with more options than they knew were available to them. Charlie’s board appointment strengthens the bench further, allowing for ongoing consultation and rich insights on turnkey payment solutions and consumer demand.
“I've known several of the LendingPoint executives for years. It’s a team that has a great understanding of the financial sector. LendingPoint is already exhibiting impressive growth, and I’m looking forward to being part of their high level of financial performance. The company has all of the elements of success: a strong management team, a great sales and marketing plan, as well as a wide and diverse prospect and customer base,” according to CEO and Founder of the Fotec Group.
Atlanta-based LendingPoint, a leading online direct loan provider, is committed to redefining who is able to access money at fair rates and empowering consumers to build financial momentum. LendingPoint’s award-winning leadership team holds intellectual patents for unique modeling of data and credit scoring. Committed to customer-centered excellence, the company is a Better Business Bureau accredited company. More information is available at lendingpoint.com.