Lendscape has announced the acquisition of WinFactor, a US-based software company specializing in the receivables finance and factoring sector. This strategic move aims to enhance Lendscape’s presence in the United States while bolstering its capacity to provide finance providers with a broader range of solutions and deeper expertise.
The United States represents a vital market for the global secured finance industry, offering significant long-term growth and development opportunities. With the integration of WinFactor’s established capabilities and strong client relationships, Lendscape is set to accelerate innovation and deliver enhanced value to finance providers.
Current customers of WinFactor can expect to receive the same high-quality support and service they have relied on, now supplemented by Lendscape’s industry-leading technology and commitment to innovation. This merger ensures continuity in service and instills confidence for the future among WinFactor’s clientele.
By reinforcing its presence in the US, Lendscape underscores its commitment to the future of secured finance and its strategic focus on key growth markets. The acquisition also aligns with Lendscape’s global growth strategy, enabling the company to offer innovative solutions and long-term opportunities to finance providers across various regions.
KEY QUOTES:
“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.”
Tony Davison, Chairman of the Board
“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.”
Martin Morrin, CEO of Lendscape
“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.”
Patrick de la Roza, CEO of WinFactor
“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,”
Mike Kingham, Founder and Chief Innovation Officer of WinFactor
