Citrus Credit Announced as Finalist in Prestigious Startup Event @LendIt USA 2016

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Online platform seeking to simplify the process of finding a loan beats out 100s' to present among the hottest new fintech startups of 2016.

Citrus, an online platform based out of New York City, today announced it has been selected as a finalist for PitchIt @ LendIt USA 2016 that will take place April 11-12, 2016 in San Francisco, CA. LendIt, the largest conference series in the industry, will welcome over 4,000 attendees including investors, businesses and service providers from over 20 countries. After beating out more than 100 companies to present at LendIt 2016’s marquee event, Citrus will compete with seven other innovative startups on the conference’s largest stage in front of a live audience and a panel of four judges: Frank Rotman, QED Investors; David Weiden, Khosla Ventures; Nick Shalek, Ribbit Capital and Chris Bishko, Omidyar Technology Ventures.

Led by CEO and serial entrepreneur Dan Schonfeld, along with COO and industry veteran John Davis, Citrus will unveil their innovative platform which seeks to revolutionize the way people access financial products and services online, dubbed the "kayak for credit." Unlike traditional comparison sites, Citrus uses a data driven approach to create a simple way for everyday people to instantly receive the best quotes online from hundreds of potential lenders, saving them both time and money. Using Citrus’s smart application process, people can submit a single form and automatically request and receive pre-approved offers from trusted lenders. Once the best rate is vetted by the Citrus platform, it’s then passed on to the customer.

CEO Dan Schonfeld said, “Citrus is humbled and excited to be selected as a finalist for PitchIt @LendIt USA 2016, which is well known for showcasing the most innovative and hottest new startups entering the space. We believe we can simplify and change the way people access financial products and services, and look forward to sharing our vision @Lendit.

For more information about LendIt and to view the complete list of finalists, visit the following site: http://www.lendit.com/usa/2016/pitchit

For more information on Citrus, visit http://www.citruscredit.com.

About Citrus:

Citrus (http://www.citruscredit.com.) is a New York-based financial technology company focused on redefining the way everyday people access credit online.

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