Press Release April 17, 2015

Goodwin Procter Advises LendingHome in $70 Million Series C Financing

Goodwin attorneys recently advised LendingHome, a mortgage marketplace lender, in connection with its $70 million Series C fund raise. The round, led by Renren, follows the company’s first two rounds which raised a combined $39.3 million and on which Goodwin also advised.

Founded in October 2013 by entrepreneurs Matt Humphrey and James Herbert, LendingHome is a mortgage marketplace lender that brings together the best team and the most advanced technology to reimagine the entire mortgage process from start to finish. Through its proprietary platform, LendingHome is the best way for borrowers to get a mortgage and leverages technology to drive unmatched results for investors. LendingHome is based in San Francisco, Calif. and is currently lending in 13 states across the United States.

The Goodwin team advising LendingHome was led by Brian McPeake, co-chair of the firm’s FinTech practice, Michael Whalen, Danielle Geier and Anthony Taranto.  

Goodwin’s FinTech practice, which advised on deals totaling $2 billion in 2014, includes a cross-discipline team of attorneys working with industry-leading FinTech companies on strategic transactions, regulatory compliance and litigation matters. The team counsels companies focused on online marketplace lending, digital currencies, payment systems, online foreign exchanges, consumer privacy and information management and other emerging FinTech technologies. 

To learn more about LendingHome’s Series C financing, please read the press release.