LendingUSA Hires Experienced Fintech Attorney as General Counsel
Andrew Cosgrove leads LendingUSA's legal, compliance and regulatory management functions and reports directly to the company's founder and CEO.
January 29, 2020 at 03:19 PM
2 minute read
The original version of this story was published on Corporate Counsel
Andrew Cosgrove, general counsel and chief compliance officer at LendingUSA.
LendingUSA, a Los Angeles-based point-of-sale lending company, has hired a new general counsel and chief compliance officer.
Andrew Cosgrove is based in the company's headquarters. He leads LendingUSA's legal, compliance and regulatory management functions and reports directly to the company's founder and CEO, Camilo Concha. His LinkedIn profile states he has been with the company since October, however, the company did not officially announce his hiring until Tuesday. Cosgrove replaces Jenann Shemisa, who served as the company's general counsel and chief compliance officer from May 2017 to October 2019.
"I'm proud to be a part of the LendingUSA management team and look forward to further elevate the company's legal and compliance framework," Cosgrove said in the press release.
Cosgrove was not immediately available for additional comment Wednesday.
Cosgrove most recently served as the associate general counsel for Upgrade Inc., an online lending company. He has also served as senior counsel at the San Francisco-based fintech company LendUp. Cosgrove has also worked as a staff attorney at Skadden, Arps, Slate, Meagher & Flom and has worked as a contract attorney for "various firms and agencies," according to his LinkedIn profile. Cosgrove graduated from St. John's University School of Law in 2006 and in 2011 he received his masters of laws degree in taxation and finance from the University of California, Los Angeles School of Law.
"I'm very excited about Andrew's addition to our executive leadership team as well as for the extensive legal experience and seasoned compliance approach he brings with him. Andrew will be an invaluable asset for LendingUSA," Concha said in the press release.
Cosgrove's hiring came around the same time the company announced the closing of a new funding commitment of $250 million from Atalaya Capital Management. In October, the company began the expansion of its executive team by hiring Jon Barhorst as its first chief risk officer.
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