AvantCredit looks at a range of data sources and uses machine learning to determine lending risk, rather than relying solely on a credit score. The platform can approve and fund a loan in near real-time.
The finance industry is under attack from startups. Dealstruck initiated the latest front of this battle today with its crowdfunding alternative to business loans from banks.
Groundfloor is building a peer-to-peer platform that gives regular people opportunities to invest in real estate projects. It is emerging out of stealth mode today and opening up to private beta.
Surviving in the tech world and surviving in the wild are not as different as you may think. Here are 11 companies that added venture capital into their survival packs.
Google takes a minority stake in online investment community Lending Club as part of a $125 million secondary transaction.
Union Square Ventures made its first late-stage investment today, leading a $25 million raise for peer-to-peer lending startup Lending Club.