Startup Spotlight: People Capital brings peer-to-peer lending to student loans

Startup Spotlight: People Capital brings peer-to-peer lending to student loans

Editor’s note: VentureBeat has started a new series called “Startup Spotlight.” Every week, we’ll sift through the scores of companies applying to be promoted in this series and profile the best one. Companies can sign up here at the Entrepreneur Corner, which is currently sponsored… Continue Reading

Peer-to-peer lending site Prosper gets second wind in California

For the last six months, peer-to-peer lending service Prosper has suspended transactions while it waits for the Securities and Exchange Commission to approve its new system for online lending. But now, with the blessing of the California Department of Corporations, the company has legally resumed… Continue Reading

Roundup: Yahoo’s Euro head out, e-commerce down, and more

Roundup: Yahoo’s Euro head out, e-commerce down, and more

Hope you had a delicious Thanksgiving. Here’s proof the news machine never stops:

Yahoo’s European head says arrivederce – Toby Coppel, in charge of Yahoo’s Western European market, is out, according to All Things D.

But Icahn is buying — Billionaire investor Carl Icahn is circling the bleeding… Continue Reading

Roundup: Web data offers election insight, banks gets big bonuses and more

Roundup: Web data offers election insight, banks gets big bonuses and more

Here’s the latest action:

Web data offers new info on presidential election — It remains to be seen whether Barack Obama’s tremendous lead over John McCain in Facebook friends will lead to a similar victory on election day. Meanwhile, another study looks at which social networking sites… Continue Reading

Wonga, the fastest personal loan you can get

Wonga, the fastest personal loan you can get

It’s a week until payday at your job, the rent and bills are due, and you don’t have the cash. What do you do? Wonga, which has just raised $6 million from Balderton Capital, wants you to come to them .

Based in the UK, Wonga… Continue Reading

Prosper raises $20M to assert lead in person-to-person loans

Prosper raises $20M to assert lead in person-to-person loans

updated

San Francisco’s Prospser, which appears to have gained a leadership position in person-to-person lending, has raised $20 million in its third round of financing.

Prosper is one of three upstarts in the person-to-person lending market, where borrowers request loans and have ordinary people bid to finance… Continue Reading

Zopa raises $12.9M more to expand online lending marketplace

Zopa, an online marketplace where people meet to lend and borrow money for a fee, said it has raised $12.9 million to help it expand in the U.S, where if faces competition from Prosper.

The company said it appointed a new chief executive, Douglas H. Dolton,… Continue Reading