LoanPro, a modern credit platform, announced today that Scott Johnson has joined its executive team as President of Card, leading the company’s efforts to help providers launch personalized and innovative card programs.
With over 20 years of experience in the card industry, Scott previously led business development at Galileo Financial Technologies, where he played a pivotal role in their $1.2 billion acquisition by SoFi in May 2020. His extensive background in launching hundreds of card programs, combined with LoanPro’s advanced credit platform, positions him to drive success for credit card providers, enhancing profitability, operational efficiency, and scalability.
Scott will be integral in expanding LoanPro’s patented transaction-level credit capabilities, offering card providers unprecedented flexibility to apply unique interest rates for specific transactions or transaction groups.
Rhett Roberts, Co-Founder and CEO of LoanPro, highlighted the significance of the company’s card solution in empowering providers: “Cardholders are increasingly demanding personalized products that cater to their individual needs. Today, most cards differentiate through rewards like points or cash back. However, if regulatory changes compress credit card interchange rates, funding for these rewards programs could decline. Providers need more tools to create personalized products and improve the customer experience. LoanPro offers these tools, and Scott brings the expertise to lead our clients to success.”
Scott Johnson shared his excitement for joining LoanPro: “This company is perfectly positioned to meet a critical need in the market. I’ve consistently heard LoanPro being recognized as the best credit platform available, and I’m confident that we’ll continue to solve key challenges for banks, lenders, card providers, and others in the industry.”
