Peer-to-peer lending site Prosper raises funding from Google CEO

Even with venture investing down in recent months, peer-to-peer lending companies don’t seem to have any problem securing funding. Prosper, one of the first peer-to-peer lending companies, today announced it a fourth round of funding for $14.5 million led by TomorrowVentures, the firm financed by Google chief executive Eric Schmidt, and CompuCredit Holdings.

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.