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LendingPoint Announces $125 Million Growth Investment from Warburg Pincus

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LendingPoint, a financial technology platform, today announced a $125 million preferred equity investment from Warburg Pincus, a leading global private equity firm focused on growth investing. LendingPoint will use the proceeds to expand its financing solutions for its ecommerce, point of sale, and financial institution partners and further enhance its data and technology platform.

LendingPoint believes everyone deserves to feel the power of financial possibilities. The company uses data, technology, and a scalable platform to deliver installment loan options to consumers and small business owners who have requested financial solutions directly or through thousands of merchant partnerships and integrated ecommerce platforms. From its first loan in 2015, through December 2020, LendingPoint has originated over $2.5 billion.

We continue to build our platform to provide world class financing and white label solutions, said Tom Burnside, CEO & Co-Founder, LendingPoint. We are thrilled to partner with Warburg Pincus as we continue to make the investments in data science and technology to better serve our customers.

Juan E. Tavares, Chief Strategy Officer & Co-Founder of LendingPoint continued, As we refine and extend our product offerings, our new partnership with Warburg Pincus will help us fulfill our goal of creating a new category in financial services.

Warburg Pincus has invested over $11 billion across the full spectrum of the financial services landscape, including insurance, banking, asset management, specialty finance, payments, and transaction processing. Together with the Warburg Pincus investment, LendingPoint has raised more than $325 million of equity to date.

LendingPoints unique use of data and technology and best-in-class lending platform has enabled it to scale rapidly by providing financial solutions and superior service to its expanding customer base, said Eric Friedman, Managing Director, Warburg Pincus. We believe LendingPoint has substantial opportunities for continued growth and are excited to partner with Tom and his management team to execute on these opportunities, invest in new capabilities, and support their customers.

The Warburg Pincus investment follows an impressive 2020 for LendingPoint, who ended the year profitable, closed its 10th securitization transaction, launched its SDKn platform, enhanced its point-of-sale merchant platform, and partnered with a leading global ecommerce platform to provide small business capital to their sellers.

Rothschild & Co served as the exclusive financial advisor to LendingPoint in the transaction. Paul Hastings LLP served as the legal advisor to LendingPoint. Wachtell, Lipton, Rosen & Katz served as the legal advisor to Warburg Pincus.

About LendingPoint

LendingPoint is a financial technology platform that provides financing origination solutions for its ecommerce and point of sale partners, its lending institutions and to consumers. The companys fraud prevention, risk and asset management algorithms are used to create financing opportunities across the credit spectrum. Its LendingPoint Merchant Solutions platform provides ecommerce platforms, merchants and other service providers fully integrated, one-stop buy now, pay later financing solutions to convert more customers.

For the past two years, LendingPoint was named one of Inc. 5000s list of fastest-growing private companies, ranking 17th in 2019. LendingPoint ranked 9th on Deloittes 2019 Technology Fast 500 and in 2020 was honored as one of the top 40 fastest growing companies in Atlanta by ACG. LendingPoint is a privately held company headquartered in Metro Atlanta, with offices in New York.

About Warburg Pincus

Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $56 billion in private equity assets under management. The firms active portfolio of more than 190 companies is highly diversified by stage, sector, and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $86 billion in over 910 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, S£o Paulo, Shanghai, and Singapore. For more information please visit www.warburgpincus.com.

Rachel Fiore, Just Drive Media

[email protected]

Sarah McGrath Bloom, Warburg Pincus

[email protected]

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Abundant Wealth Management Is Now A Retirement Income Store®

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FORT LAUDERDALE, Fla., Jan. 24, 2021 /PRNewswire-PRWeb/ — Sound Income Strategies, LLC, a full-service Registered Investment Advisory (RIA) firm dedicated to helping clients meet their long-term financial objectives, is proud to announce that Abundant Wealth Management in Dallas, Texas, is now officially A Retirement Income Store.

The Retirement Income Store®, powered by Sound Income Strategies, is a virtual store where individuals can find financial advisors, known as Income Specialists, who specialize in helping clients reduce their exposure to stock market risk so they can use their savings to generate reliable income for retirement.

Although Abundant Wealth Management (AWM) works with a wide range of clients, it specializes in helping those who are nearing retirement, or are already retired. Services provided include financial planning, investment management, asset preservation, and healthcare planning including Medicare Advantage and Medicare Supplements.

Since its inception, AWM has been on a mission to help protect their clients' assets from risk and uncertainty. Unlike other firms that might focus on more aggressive, stock market-based financial strategies, AWM specializes in taking a more sensible approach to planning and saving for retirement—an approach focused on generating steady income in the form of interest and dividend payments that their clients can count on well into retirement.

Founder Eric Lardner says: “Managing your money wisely means being knowledgeable about your options. That's why we place a heavy emphasis on financial education. It's this focus on education, along with our more conservative approach to financial planning, that has led Abundant Wealth Management to join the national network of like-minded financial advisors nationwide who believe there's a better way for Americans to plan and save for retirement—Investing for Income.”

About Sound Income Strategies: Sound Income Strategies (SIS) is an RIA firm with more than $1 billion in assets under management. Specializing in the active management of individual, income-generating securities, the firm focuses on maximizing the value of their clients' portfolios and building retirement plans that deliver consistent income, growth potential, and – most importantly – defense against damaging losses. As a Registered Investment Advisory firm, SIS diligently honors their fiduciary responsibility, as spelled out in the US Investment Advisors Act of 1940, to always act and serve in the best interest of their clients.

About the Retirement Income Store—Launched in January of 2019, The Retirement Income Store is a subsidiary of Sound Income Strategies. The Retirement Income Store is comprised of a national network of Income Specialists who actively manage their clients' portfolios with the goal of maximizing income first and opportunities for growth second.

About Abundant Wealth Management: Abundant Wealth Management, located in Dallas, Texas, was founded by Eric M. Lardner. Mr. Lardner has more than 30 years of experience in the financial services industry and specializes in providing retirement planning services designed to educate clients about the best options available to help them meet their long-term financial objectives. Dedicated to the core principles of trust and integrity, AWM always places the needs and interests of their clients first and foremost.

For more information contact:
Sarah Samuels or Erika Wilson
[email protected] or [email protected]
(954) 487-1846 or (954) 870-6720

Investment Advisory Services offered through Sound Income Strategies, LLC, an SEC Registered Investment Advisory Firm. Abundant Wealth Management and Sound Income Strategies, LLC are not associated entities. Abundant Wealth Management is a franchise of The Retirement Income Store, LLC. The Retirement Income Store, LLC and Sound Income Strategies, LLC are associated entities.

Media Contact

Erika Wilson, Lineweaver Financial Group, +1 9548706720, [email protected]

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SOURCE The Retirement Income Store

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Lifshitz Law Firm, P.C. Announces Investigation of CATM, FFG, HLIX, MDCA, RP, SMTX, and TCP

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NEW YORK, Jan. 24, 2021 /PRNewswire/ —

Cardtronics PLC (NASDAQ: CATM)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CATM for $35.00 per share.

If you are a CATM investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

FBL Financial Group, Inc. (NYSE:FFG)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the proposed sale of FFG to Farm Bureau Property & Casualty Insurance Company for $56.00 per share in cash.

If you are a FFG investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Helix Technologies, Inc. (OTC:HLIX)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of HLIX and Medical Outcomes Research Analytics, LLC. Under the merger, HLIX shareholders will receive 0.05 shares of a newly formed company, Forian Inc., for each share of HLIX common stock.

If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

MDC Partners Inc. (NASDAQ: MDCA)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of MDCA with Stagwell Media LP. Stagwell and its affiliates are expected to hold approximately 79% of the common equity of the combined company after closing.

If you are a MDCA investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

RealPage, Inc. (Nasdaq: RP)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of RP to Thoma Bravo for $88.75 per share.

If you are a RP investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

SMTC Corporation (NASDAQ: SMTX)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of SMTX to an affiliate of H.I.G. Capital for $6.044 per share in cash.

If you are a SMTX investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

TC PipeLines, LP (NYSE: TCP)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of TCP to TRP for 0.70 TRP common shares per unit.

If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

ATTORNEY ADVERTISING.© 2021 Lifshitz Law Firm, P.C.  The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516)493-9780.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Lifshitz Law Firm, P.C.
Phone:  516-493-9780
Facsimile: 516-280-7376
Email: [email protected]

Cision View original content:http://www.prnewswire.com/news-releases/lifshitz-law-firm-pc-announces-investigation-of-catm-ffg-hlix-mdca-rp-smtx-and-tcp-301213603.html

SOURCE Lifshitz Law Firm

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Marine Stewardship Council: Assortment of top chefs combine for sustainable seafood cookbook

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The collaboration aims to encourage shoppers to make the best environmental choice when buying the seafood they love

 

SINGAPORE – Media OutReach – 14 January 2021 – The Marine Stewardship Council (MSC) — an environmental not-for-profit — is launching its first sustainable seafood cookbook in collaboration with top sensational chefs from across the globe. It is part of an initiative to encourage and inspire shoppers to commit to making the best environmental choice when buying the seafood they love this year, and beyond.

 

The Blue Cookbook is a digital collection of delicious recipes featuring a variety of species and styles which appeal to a range of preferences and tastes. Options include seared king prawns, haddock and broccoli bake, hake with cantonese glaze and steamed halibut with rice wine. Also contained within its pages is the environmental story behind the fish we eat, showing consumers how their actions can have a big ripple effect on ocean health.

 

Some of the contributors to the project are culinary director Lucas Glanville from Grand Hyatt Singapore and Executive chef Otto Goh from the Shangri-La Hotel Group in China.  All those involved are strong advocates for sustainable fishing and responsible sourcing.

 

Anne Gabriel, Programme Director for Oceania and Singapore at the Marine Stewardship Council said: “A new year has arrived, and with it a chance to make better choices for ourselves, our planet and our oceans. We’ve teamed up with incredible chefs to launch a unique sustainable seafood cookbook which features delicious, healthy and future-friendly recipes from across the globe. By choosing to buy from sustainable sources, everyone can help make sure the seafood we love can be enjoyed for years to come.”

 

Chef Lucas Glanville, who has contributed a Seared King Prawns said: Singapore diners and consumers are ready to embrace sustainable seafood as a way of life. The people are savvy, and the market is articulate about what is good for the environment. Our hotel has seen amazing growth in business due to our sustainable philosophy. This is all thanks to the support of our diners. We are all accountable for the future, we should do our part to protect the oceans for our future generation.”

 

The ocean is a vital part of human life on our planet. It provides a major source of protein to more than 3 billion people1, and millions rely on fisheries for their livelihood2. However, the oceans are under threat – 34% of global fisheries have been fished beyond sustainable limits, with this trend continuing to worsen slightly3.

 

For more than 20 years, the MSC has been tackling the problem of overfishing by incentivizing people to change their behaviour when buying seafood, through its certification and labelling program. Its international collaborative of partners including scientists, NGOs, fisheries, seafood companies, retailers, and restaurants work hand in hand to ensure seafood is wild, delicious, and above all else, sustainable.

 

NOTES TO EDITORS

Assets:

References:

1 UN FAO — State of the World’s Fisheries and Agriculture Report 2020 page 67

2 UN FAO — State of the World’s Fisheries and Agriculture Report 2020 page 95

3 UN FAO — State of the World’s Fisheries and Agriculture Report 2020 page 7

About the Marine Stewardship Council:

The MSC ecolabel on a seafood product means it is fully traceable to a wild-catch fishery which has been independently certified to the MSC’s science-based standard for sustainable fishing. Fisheries representing more than 17% of the world’s wild marine catch are engaged in its certification programme and more than 18,000 different MSC labelled products are available on shelves across the globe*. (*figures correct as of 31 March 2020). For more information visit msc.org or visit our social media pages:

Twitter: [View Image]https://twitter.com/MSCecolabel?lang=en

Instagram: https://www.instagram.com/mscecolabel_sg/

Facebook: [View Image]https://www.facebook.com/MSCinSingapore

LinkedIn: https://www.linkedin.com/company/361644/admin/

YouTube: [View Image]https://www.youtube.com/channel/UCOyikbSTLVihdPaJ1CxeqRQ?view_as=subscriber

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