# LendingTree

> LendingTree is a U.S. financial services marketplace that connects consumers with lenders and insurers, while charging participating providers for customer acquisition. Founded by Doug Lebda in 1996, it offers loan, credit card and insurance comparisons alongside free credit tools. Insurance supplied about 64% of its $1.117 billion in 2025 revenue.

- **Founded:** 1996
- **Headquarters:** Charlotte, United States
- **Founders:** Doug Lebda (Founder; former chairman and CEO)
- **Products:** Mortgage and home equity marketplace, Personal and auto loan comparison, Small business financing marketplace, Credit card comparison, QuoteWizard
- **Notable:** Launched nationwide operations in July 1998 and completed its original IPO in 2000., Became an independent public company again through the 2008 IAC spin-off., Reported $1.117 billion in 2025 revenue, up approximately 24% from 2024.

## Products & services

- **Mortgage and home equity marketplace** — Compares participating providers for home purchase, mortgage refinance, home equity loans and lines of credit. National marketplace operations began in 1998.
- **Personal and auto loan comparison** — Connects consumers with participating lenders for personal loans, debt consolidation, vehicle purchases and refinancing.
- **Small business financing marketplace** — Matches business owners with financing providers; includes a concierge sales team for more involved shopping.
- **Credit card comparison** — Helps shoppers compare credit card offers and features through participating providers and editorial guides.
- **QuoteWizard** — Insurance comparison and customer acquisition marketplace acquired in October 2018. The separate insurance agency operation closed in Q2 2025.
- **ValuePenguin** — Insurance and personal finance information and comparison website acquired in January 2019.
- **LendingTree Spring** — Free credit tracking, alerts, debt monitoring and personalized financial product recommendations.
- **Canopy Lender Portal** — Partner tools for consumer targeting, analytics and real-time marketplace data.

## Achievements

- Launched nationwide operations in July 1998 and completed its original IPO in 2000.
- Became an independent public company again through the 2008 IAC spin-off.
- Reported $1.117 billion in 2025 revenue, up approximately 24% from 2024.
- Insurance accounted for approximately 64% of 2025 revenue.

## Latest updates

- **2026-10** — The investor relations website announced that Q3 2026 results are scheduled for November 3, 2026; these results were not yet released at the October 24 research cutoff.
- **2026-07** — Q2 revenue was $313.4 million, up 25% year over year, with $9.6 million GAAP net income. Insurance revenue rose 42% to $209.3 million. The company also reported launching a ChatGPT app and expanding into six additional marketplace verticals.
- **2026-03** — Full-year 2025 revenue was $1.117 billion. The annual report disclosed that the insurance agency business had closed during Q2 2025.
- **2025-10** — Scott Peyree became CEO after founder Doug Lebda died on October 12; Steve Ozonian became chairman.

## Links

- Website: https://www.lendingtree.com/
- LinkedIn: https://www.linkedin.com/company/lendingtree
- Twitter/X: https://twitter.com/LendingTree
- YouTube: https://www.youtube.com/user/lendingtree
- Instagram: https://www.instagram.com/LendingTree
- Facebook: https://www.facebook.com/LendingTree

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Last updated: 2026-10-24