LendingUSA, a marketplace lender and provider of consumer point-of-need financing, announced on Tuesday the appointment of Mike Testa, former President of CareCredit, as its new President. Mike will immediately assume his role, working with LendingUSA founder and CEO Camilo Concha to scale and grow the company’s point-of-need financing and direct-to-consumer financing business.
Testa stated:
“Recent advances in technology are transforming both the personal lending and point-of-need lending industries in massive ways. With its sophisticated merchant portal enabling fast access to affordable installment loans, LendingUSA effectively bridges the gap between point-of-need lending and direct-to-consumer loans. This puts LendingUSA squarely at the forefront of our rapidly changing industry. It’s a privilege and an honor to be named as President, and I look forward to helping LendingUSA grow in this dynamic landscape.”
Concha added:
“Along with his stellar track record, Mike brings a wealth of experience and expertise that will fuel our continued growth. We’re looking forward to benefiting from his customer-focused, results-oriented thinking as we continue our push to the top of the mountain.”