Assessment
LoanPro is used by consumer lenders, banks, credit unions, and fintechs that need a modern servicing core. The company says more than 600 lenders run over 25M active loans on it and move about $4B a month, and its best use cases are loan and line servicing, card programs, payment processing, and collections. Pricing is quote-based, and its main competitors are Mambu, Nortridge, and in-house cores.
Brothers Rhett, Ben, and Lloyd Roberts founded LoanPro in 2014 after building servicing software for their own auto-lending business. The company was bootstrapped and profitable before FTV Capital led a $100M Series A in July 2021. In October 2026 it announced DirectPay card disbursement, a Beyond Credit program, and AI servicing tools.
It fits a lender that wants to launch or migrate credit products on an API core with payments built in. It is a weaker fit for a team looking for underwriting models or document analysis, which LoanPro leaves to partners.
Rating by criterion
We score each of the eight criteria out of 100.
Sector criteria
Pair it with your own underwriting or a decisioning vendor. LoanPro’s strength is servicing after approval.
Disburse and collect through built-in payments, including DirectPay card disbursement announced in October 2026.
Run collections, delinquency workflows, and AI-assisted servicing on the same core.
Use the API and webhooks to connect origination, ledgers, and reporting. The platform is API-first.
Vendor criteria
Expect continued product releases across cards, payments, and AI servicing.
Plan a structured migration. Moving live loan books takes project work and data mapping.
Ask for a written quote. Pricing is not posted.
Negotiate by loan count and modules. Enterprise programs sign multi-year terms.
Against its peers
These are the other companies in lending and credit infrastructure, with their ratings.
User comments
These buyer-oriented points are drawn from LoanPro’s site, its October 2026 release, and an investor interview.
- Upside
- Upside
- Downside
Where customer reviews couldn't be found, our analysts attempted to give a voice to buyer sentiment, drawing on real information from review sites, forums and product documentation. We omit sites where vendors pay to be featured or pay for a review, plus any review the site flags as incentivized.
Based on: LoanPro home page; Utah Business, October 2026; FTV Capital interview, July 2022.
Fact file
| CEO and co-founder | Rhett Roberts |
|---|---|
| Founded | 2014, by Rhett, Ben, and Lloyd Roberts |
| Lenders | 600+ (company figure) |
| Active loans | 25M+ (company figure) |
| First outside capital | $100M Series A, FTV Capital, July 2021 |
Competitive landscape
Credit platforms and decisioning vendors a lender would weigh alongside LoanPro.
LoanPro: 74
Comparisons
Key leadership
Rhett Roberts co-founded LoanPro with his brothers Ben and Lloyd and is its chief executive.
How this review was created
This profile gives our own assessment of LoanPro to companies selecting a Lending & credit infrastructure provider. The Fintech Index receives nothing for featuring a firm, for sponsorship, or for advertising, and LoanPro gave us no payment for the profile.
The rating equals the average of eight criteria, with every criterion running from 0 to 100. Four address buyer needs in this sector, and four address the company together with its commercial terms.
Ratings are our editorial judgment, made from public information: pricing and legal pages, product documentation, compliance disclosures, public reviews and filings. Fact-checking took place on November 9, 2026.
Source pages
- LoanPro home page: https://www.loanpro.io/ (As of November 9, 2026)
- Utah Business, October 2026: https://www.utahbusiness.com/press-releases/2026/10/07/loanpro-payments-card-disbursement-ai-servicing-lending-platform-directpay-beyond-credit/ (As of November 9, 2026)
- FTV Capital, Rhett Roberts interview: https://ftvcapital.com/insights/loanpro-ceo-rhett-roberts-on-bootstrapping-brainstorming-and-building-a-better-mousetrap/ (As of November 9, 2026)
- LoanPro, Series A post: https://www.loanpro.io/blog/loanpro-secures-100-million-series-a-investment-from-ftv-capital/ (As of November 9, 2026)
- LoanPro, auto lending history: https://www.loanpro.io/blog/from-auto-lot-to-silicon-slopes/ (As of November 9, 2026)