Lending Club shuffles around shareholders to make room for Google
Google takes a minority stake in online investment community Lending Club as part of a $125 million secondary transaction.
Google takes a minority stake in online investment community Lending Club as part of a $125 million secondary transaction.
On Deck says it opened its round to further investment so it can build more products, and hire technical talent. But the company will also benefit from its association with Thiel, a major player in Silicon Valley, and a notoriously founder-friendly investor.
Kabbage just announced it has closed a credit facility of $75 million, its largest to date. With these funds, Kabbage aims to provide 100,000 advances by the end of 2013.
Peer-to-peer lending marketplace Prosper.com raises $20M in new funding to accelerate growth.
TripAdvisor and Kiva strike strategic partnership where TripAdvisor will offer $250K in loans on behalf of its community.
When loan sharks bite, they bite hard and often leave a nasty scar. But when you need cash and the bank is shutting you out, there's often no other option.
Aidil Zulkifli, a lawyer in Singapore, and Izati Ngaliman, who heads up the marketing side, founded Singapore-based LoanGarage in 2012 to solve this problem. The two founders are building the business with the goal of making loan sharks more transparent.
Think $30 million is a lot to pay for produce? Not when it gives money back. Kabbage, which gives loans to online sellers, got $30 million in funding today, led by Thomvest Ventures.
Guest Post
Even with the recent passage of the JOBS act, there’s still a lot of debate in Washington D.C. on how best to spend taxpayers’ money to create jobs. Committee Chair Sen. Mary Landrieu (D-LA) introduced a bill earlier this year …
Apple isn’t hogging the entire news spotlight today. A few other companies snagged some cash to build their businesses. Check out who got funded today, proving you can still get noticed on the day Apple releases a ton of news.…
Lenddo, which helps people build credit with small loans and a social-based Klout-like scoring system, raised an $8 million first round of funding Tuesday.
The brains behind Lenddo, co-founders Jeff Stewart and Richard Eldridge and chief scientist Dr. Naveen Agnihotri, …
For most people, getting a loan requires a clean credit record and a strong credit score. Since not everyone’s credit report is spotless, ZestCash offers loans to customers who don’t belong to banks or who don’t have any credit data. …
Taulia, which offers discounts in exchange for timely payments, announced an $8.5 million second round of funding yesterday. DAG Ventures joined existing investors Matrix Partners and Trinity Ventures to lead the round.
In a sluggish economy, San Francisco-based Taulia is …
Groupon founders Eric Lefkofsky and Brad Keywell are investing a $2.3 million in online pawn shop startup Pawngo through their investment group LightBank.
Pawngo, which was previously named Internet Pawn, aims to fulfill a need in the market for short-term …