The strategic acquisition strengthens Lendscape’s US presence – a key growth market for secured finance – and enhances its ability to support finance providers with broader solutions and deeper expertise.
WinFactor’s existing customers will continue to receive the same high-quality service, now supported by Lendscape’s technology and resources.
Tony Davison, Chair of Lendscape said: “This acquisition represents a significant milestone in Lendscape’s growth journey. With WinFactor now part of the business, we are advancing our strategy to expand in key markets and reinforce our position as a global leader.”
Martin Morrin, CEO of Lendscape, said: “With WinFactor now part of Lendscape, we are strengthening our commitment to the US secured finance market. WinFactor has built strong relationships with American factoring businesses, and by combining that with Lendscape’s international vision and leadership, we are creating more opportunities for US finance providers to innovate and grow with confidence.”
Patrick de la Roza, CEO of WinFactor, commented: “This marks an exciting new chapter for WinFactor and our customers. Becoming part of Lendscape allows us to drive more innovation, increase resources, and support our customer base more than ever before.”
Mike Kingham, Founder and Chief Innovation Officer of WinFactor, added: “When we started WinFactor, our goal was to simplify and automate factoring for our customers. With Lendscape, that mission will expand globally - faster and with greater impact.”