ss-crowdfunding

5 ways the booming crowdfunding ecosystem is changing in 2013

If you think that participating in crowdfunding simply means investing in smaller companies that launch games and devices on Kickstarter, think again. With crowdfunding volumes reaching $2.7 billion in 2012, it has emerged as a viable, scalable alternative to public and private finance across the globe.

Micro-lending site Kiva goes green

Kiva, a site that enables person-to-person loans, has just added a new category of green loans to help borrowers move to cleaner and safer forms of energy, green agriculture, transport and recycling. Loans made through Kiva generally go to individuals or entrepreneurs in the developing world, but some do go to people in the U.S.

Kiva banks $5M grant from Omidyar Network

Kiva, the startup that made micro-finance a household term, announced today that it has landed a $5 million grant for the next three years from social impact investment firm Omidyar Network. The grant will match up to $2 million in loans transacted on the site during each of the next two years.

Lending Club grabs $25M more for peer-to-peer lending

Lending Club, a network for lending by individuals to individuals, today announced that it has secured a third round of funding for $25 million. It has raised $53 million in total. The new round of funding will be used to further development of the peer-to-peer lending platform and new products for existing and new customers.