Consumer lending company LendingPoint today announced that it has acquired LoanHero, a fintech platform for point-of-sale finance. Terms of the deal were not disclosed. In combination with LendingPoint’s industry-leading credit underwriting and risk management expertise, LoanHero will help accelerate LendingPoint’s expansion into point-of-need and point-of-sale financing.
Paddle, a UK-based developer that offers software companies a single platform for the entire software sales process, closed $12.5 million in Series B financing, led by Notion Capital, with participation from BGF Ventures, MacPaw, and Kindred. Developers and software companies use Paddle’s checkout and licensing
Integrated, multi-platform media company VerticalScope agreed to acquire VarageSale, an app to buy and sell new and used items locally. Founded in 2012, VarageSale is free to use at varagesale.com and on its mobile app, which is available on iOS, Android, and Kindle devices. According