LendingTree Adds Amex, Covers All Major Card Networks

American Express has joined LendingTree’s credit card marketplace.

The move means LendingTree’s marketplace now features all five major credit card networks.

Overall, the credit card vertical has demonstrated marked growth, with the company expecting revenue from the card business to double quarter-to-quarter from the third quarter’s figure of $2.7 million.

“The growth we're experiencing in credit cards further illustrates how the LendingTree brand can successfully expand in to new financial product categories,” LendingTree chief financial officer Gabe Dalporto said in a news release.

For reprint and licensing requests for this article, click here.
Retailers ISO and agent
MORE FROM AMERICAN BANKER