LoanPro Welcomes Carl Pascarella, Former CEO of Visa to its Board of Directors

FARMINGTON, Utah, May 10, 2023 /PRNewswire/ — LoanPro, the leading loan management platform, announced that Carl Pascarella, Former CEO of Visa, has joined its board of directors. Pascarella is a financial industry veteran who served as President and CEO of Visa USA from 1993 to 2005, overseeing its transformation into a global payment network.

Image of Carl Pascarella

Image of Carl Pascarella

In his new role on the LoanPro board, Pascarella will contribute his extensive experience and knowledge in financial services to help guide LoanPro’s next generation of credit offerings, set to launch this summer. Pascarella was attracted to LoanPro’s existing offering of highly configurable installment programs, as well as innovative new product development initiatives, with revolutionary credit card personalization through Transaction Level Credit on the horizon.

LoanPro CEO Rhett Roberts stated, “We are thrilled to welcome Carl Pascarella to our board. His deep knowledge of financial services, credit, and fintech along with his track record of success, will be invaluable in expanding our products and services for fintechs and financial service providers.”

Beyond having played a key role in Visa’s growth and evolution, Pascarella currently serves as Executive Advisor at TPG Capital, a global private equity firm, and sits on the board of several corporations.

About LoanPro:

LoanPro’s mission is to expand global prosperity by providing personalized financial products that everyone can trust. LoanPro specializes in building, launching, and managing loan programs that bring clients’ visions to life while giving them unparalleled data access, control, and streamlined compliance. The ultra-configurable platform offers a complete loan management solution by consolidating servicing, collections, payment processing, lending CRM, origination enhancement, and more, configured and managed in partnership with a best-in-class client success team.

Built to solve the former inadequacies of loan servicing, LoanPro has benefited from over 15 years of iteration, and today serves over 600 clients and and partners across every state and province in North America and Canada. To learn more visit us at loanpro.io.


Want to hear more from Carl Pascarella? Watch his fireside chat from Salt Flats Summit 2025, where he shares insights on innovation in credit, lessons from transforming Visa, and his vision for LoanPro's future.


Media Contact: Polly Phillips

polly.phillips@loanpro.io

SOURCE LoanPro

To read up on recent compliance news, check out the most recent edition of our newsletter, Keeping Up with Compliance, and subscribe to keep up on the news.

Recommended blog posts for you

What is Model Context Protocol?
Industry Insights
What is Model Context Protocol?

Understand how Model Context Protocol enables more flexible, secure, and compliant AI adoption for lenders and credit platforms.

Loan on Card: a new way to deliver credit
Company News
Loan on Card: a new way to deliver credit

Discover how Loan on Card combines installment lending with card-based disbursement to deliver instant access to funds, enhanced borrower experiences, and competitive advantages for modern lenders.

Why lenders are choosing LoanPro as a Fiserv alternative
Industry Insights
Why lenders are choosing LoanPro as a Fiserv alternative

The search for a 'Fiserv alternative' is often a symptom of being constrained by legacy technology that causes slow innovation and operational drag. LoanPro offers a modern, API-first credit platform that enables lenders to launch new credit programs in weeks and build a best-in-class, configurable tech stack.