loanDepot Inc. has announced the appointment of former LendingTree executive Nikul Patel as its new chief growth officer, tasked with fostering the company’s growth opportunities, acquisition activities, and customer engagement.
“Nikul is a significant hire who will be a transformational member of our leadership team,” said loanDepot Founder and CEO Anthony Hsieh. “Not only does he bring an impressive track record of success from his years at LendingTree, but he also has a unique mix of fintech and public company experience that will serve us well. As we pursue what I believe is the biggest market opportunity I have ever seen, driven by the mass adoption of AI, Nikul’s understanding of both our sector and our company, which includes his recent role as an advisor to our Board, makes him uniquely positioned to help accelerate our momentum.”
From co-founding disruptive startups to steering a major fintech player through exponential growth, Patel’s career reflects a passion for transforming consumer finance. Most recently, he served as co-founder and CEO of LoanGlide, an embedded financing platform that provided personal loans for home improvement.
“I’ve spent my career building and scaling platforms that help consumers make smarter financial decisions — especially when it comes to buying and financing their homes,” said Patel. “loanDepot is impressive: it has the brand, the breadth, the technology, and the leadership to redefine what’s possible in mortgage lending. I’m excited to join the team and look forward to working with Anthony as we unlock loanDepot’s full potential and accelerate our growth.”
From 2012–2019, he held a variety of leadership roles at LendingTree, including chief product officer, chief operating officer, and chief strategy officer. Notably, it was a period of extraordinary growth for the company, fueled by a slate of innovative product launches that transformed the company into a diversified personal finance shopping platform, during which the stock price grew more than 50x.
Prior to that, he co-founded Movoto.com, an online real estate search platform that helps shoppers find their perfect home.
