LendStreet is revolutionizing debt relief by working with consumers who are financially distressed, providing them with solutions to pay off their old debt at terms that reflect their current reality. Unlike regular debt settlement models that can take months or even years, LendStreet provides financial relief far more quickly, preserving and rebuilding a customer's credit. By consolidating the debts into one 'LendStreet loan', clients are able to get a fresh start without impacting their credit score. A new monthly payment, often 20% or lower, is negotiated, making it more manageable for their client's budgets. LendStreet seeks to create new products and avenues that prioritize their customers’ success, as opposed to capitalizing on their struggle.
LendStreet is no longer operating.
LendStreet is no longer operating.
Location: United States, Georgia, Atlanta
Employees: 11-50
Total raised: $117M
Founded date: 2010
Investors 5
| Date | Name | Website |
| - | Unreasonab... | unreasonab... |
| - | Radicle Im... | radicleimp... |
| - | Backstage ... | backstagec... |
| - | Hard Yaka | hardyaka.c... |
| - | Pi Investm... | pi-investm... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 13.06.2018 | Series A | $117M | - |
Mentions in press and media 9
| Date | Title | Description |
| 16.12.2021 | LendStreet Announces New Executive Leadership with Regina Wallace-Jones as Chief Operating Officer | LendStreet has announced the addition of Regina Wallace-Jones as Chief Operating Officer We are thrilled to have Regina join our team as she brings tremendous experience and dedication in the tech and health industries. Beyond her professio... |
| 11.08.2020 | Arlan Hamilton’s Four Tips For How Founders Can Navigate The Ongoing Covid-19 Crisis | Arlan HamiltonBackstage Capital |
| 08.06.2018 | Debt restructuring company Lendstreet receives $7m funding | Lendstreet is based in Oakland, California US-based Lendstreet has just closed a $7 million series A equity round, led by Prudential Financial and Radicle Impact. Prudential and Radicle join Lendstreet’s existing investors Accion, the Centr... |
| 08.06.2018 | LendStreet Closes $7M Series A Funding; $110M in Debt Financing | LendStreet, Inc., an Oakland, CA-based online consumer debt restructuring and consolidation platform, closed a $7M Series A equity funding. The round was led by Prudential Financial and Radicle Impact, which joined existing investors Accion... |
| 07.06.2018 | LendStreet Scores $7M Series A Round | OAKLAND, CA, LendStreet, the leading online consumer debt restructuring and consolidation platform, announced that it has closed a $7 million Series A equity round. >> Click here for more funding data on LendStreet >> To exp... |
| 07.06.2018 | Term Sheet — Thursday, June 7 | BUYING LEGITIMACY Good morning, Term Sheet readers. Paid Content How can you protect what you can't see? From ExtraHop Financial terms weren’t disclosed. Here’s what to know about this deal: • This is huge for Coinbase because it could expa... |
| 14.05.2018 | 80% of start-up money goes to three states - here's what one visionary is doing to help spread the wealth | Advertisement Ross Baird is the president of Village Capital and the author of the "The Innovation Blind Spot: Why We Back the Wrong Ideas―and What to Do About It." Baird points out that only one percent of start-up investment goe... |
| 15.10.2016 | Funders must give minority founders a fair deal | Kathleen Kelly Janus Contributor Kathleen Kelly Janus is a lecturer at Stanford's Program on Social Entrepreneurship. I learned a shocking statistic recently: Less than 1 percent of venture capital funding goes to black founders. This must ... |
| 09.07.2016 | Meet Marlon Nichols, General Partner at Cross Culture | Strategically partnered with Atom Factory and SmashD, Cross Culture approaches tech differently There has been a big debate over the last few years over whether the Series A crunch is real or not. What everyone can agree on, though, is that... |