LoanDepot, Inc.
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LoanDepot, Inc. - overview
Established
2010
Location
-, CA, US
Primary Industry
Financial Services
About
Based in California, US, and founded in 2010 by its CEO Anthony Hsieh, LoanDepot operates as an online consumer direct mortgage company that provides loan products. Since November 2021, Anthony Hsieh has personally invested USD 16. 2 million to purchase 3. 2 million loanDepot shares.
As of 2022, the company is trading on the New York Stock Exchange under the ticker symbol "LDI" with 10,000-plus employees. LoanDepot offers mortgage lending, home purchase financing, and home refinancing. It provides a variety of lending products, including conventional agency-conforming loans, conventional prime jumbo loans, federal housing administration and department of veteran's affairs loans, and home equity loans. In the fourth quarter of 2020 and 2021, the company generated a net income of USD154.
3 million and USD14. 7 million respectively. In the year 2021, the company generated a revenue of USD 705 Million and its market share increased by 3. 4 per cent, up from 2.
5 per cent in 2020.
Current Investors
Parthenon Capital
Primary Industry
Financial Services
Sub Industries
Mortgage Banking, Consumer Finance
Website
www.loandepot.com
Verticals
FinTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
LoanDepot, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IPO | Completed | LoanDepot, Inc. | - | ||||||||
| Growth | Completed | LoanDepot, Inc. | - |
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