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September 24, 2025
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LEHI, UT — September 24, 2025 - Lendio, the nation’s leading small business financing platform, today announced the appointment of Joanna Fankhauser as Chief Operations Officer (COO). Fankhauser will play a central role in driving Lendio’s next phase of growth, bringing deep experience in SaaS strategy and operations to scale innovation and strengthen execution across the company.

As COO, Fankhauser will focus on operational excellence across Lendio’s growing SaaS platform, which includes Embedded Marketplace, enabling SaaS providers to offer embedded lending to their clients, and Intelligent Lending, which empowers banks and financial institutions to profitably serve small business borrowers.

“Joanna stood out among an exceptional pool of candidates as a uniquely talented leader with the experience and mindset to guide Lendio into its next chapter of growth,” said Brock Blake, CEO and co-founder of Lendio. “Her track record demonstrates her ability to simplify complex operations, align teams on key outcomes, and deliver results. Beyond her operational expertise, Joanna brings a leadership style that challenges and inspires teams to reach higher. We’re thrilled to welcome her to Lendio.”

Fankhauser joins Lendio from Instructure, where she spent more than seven years leading Strategy and Operations and was instrumental in growing the company’s revenue from $100 million to over $500 million. She will now leverage that experience to streamline processes, drive organizational alignment, and accelerate delivery on strategic outcomes—efforts that will support the continued expansion of Lendio’s SaaS platform and amplify its impact on small businesses, banks, and fintech partners.

“Lendio is at a pivotal moment in its journey, and I’m honored to join the team as Chief Operations Officer,” said Joanna Fankhauser, COO of Lendio. “I believe deeply in Lendio’s mission to make capital more accessible for small businesses, and I’m excited to bring my experience in scaling SaaS companies to help drive operational excellence. This is an incredible opportunity to build on Lendio’s strong foundation, and accelerate the impact we can deliver to small businesses and our partners.”

About Lendio

Lendio is transforming small business lending by connecting small business, lenders, and service providers through a single integrated technology platform. Lendio’s mission is to power an ecosystem that helps small businesses survive and thrive. Lendio provides purpose-built software that automates small business loan decisioning and underwriting for both banks and digital lenders, uses AI to match small businesses to the financing offers that best meet their needs, and embeds a full small business loan marketplace directly in service providers’ platforms - all of which work together to get entrepreneurs access to the capital they need. For more information, visit www.lendio.com

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About Lendio

Lendio is transforming small business lending by connecting small businesses, lenders, and small business service providers through a single integrated technology platform.

Since 2011, Lendio has facilitated more than 400,000 small business loans and other financing options totaling over $16 billion3.

$75K SBA loan approved.
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