LendingPoint, which gives loaning programming instruments to online business, dealers, loaning organizations, and different clients, raises $125M from Warburg Pincus (Mary Ann Azevedo/FinLedger)

LendingPoint, which provides lending software tools for e-commerce, merchants, lending institutions, and other customers, raises $125M from Warburg Pincus  —  Online lender LendingPoint announced Thursday morning that it has received a $125 million preferred equity investment from private equity giant Warburg Pincus.

source http://www.techmeme.com/210114/p31#a210114p31