LendingTree

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LendingTree
Type Subsidiary of Tree.com
Founded Charlotte, North Carolina, USA (1998)
Headquarters Charlotte, North Carolina, USA
Key people Doug Lebda, CEO/Founder
Employees 700 (2008)
Website www.lendingtree.com
Original logo used from 1998 until 2009.

LendingTree is an online lending exchange. LendingTree, headquartered in Charlotte, NC. LendingTree is the leading online marketplace for competitive loan offers and credit solutions, allowing consumers to shop and compare options from the largest network of lenders, banks and credit partners in the industry.

Since the website launch in 1998, LendingTree has facilitated more than 30 million loan requests and $214 billion in closed loan transactions.


History[edit]

Inception LendingTree Founder, Doug Lebda, found the process of visiting multiple banks and combing through mortgage offers time consuming and exhausting; he knew there was a better option. Launched in 1998, LendingTree was created to provide consumers a centralized location to receive multiple loan offers. [1]

Growth In May of 2003, LendingTree, LLC was acquired by IAC/InterActiveCorp, former owner of Ticketmaster, Home Shopping Network and current owner of Match.com. After 5 years, LendingTree spun off from IAC to join newly established Tree.com, Inc. Tree.com is the parent company of several brands and businesses in the financial services and real estate industries including LendingTree.com; GetSmart.com; DegreeTree.com; LendingTreeAutos.com; and DoneRight.com.[2]

In 2011, LendingTree opened a new office in Burlingame, CA.[3]

Leadership[edit]

  • Doug Lebda, CEO and Founder
  • Gabriel Dalporto, President and CMO
  • Kamelia Dianati, Senior Vice President of Technology
  • Claudette Hampton, Senior Vice President of Human Resources and Administration
  • Alex Mandel, CFO

References[edit]

  1. ^ "Our Roots". 
  2. ^ "Our Roots - Timeline". LendingTree.com. 
  3. ^ "LendingTree Story". Retrieved 8 February 2013.