zidisha borrower

Y Combinator-backed Zidisha has been stomping down non-performing loans with some extra tech

Yesterday, a new crop of startups from Y Combinator’s (YC) accelerator presented to a full house in the hopes of investment, press, and general buzz, and among them will be some non-profit companies. After YC accepted its first non-profit, Watsi, in its Winter 2013 class, it’s been steadily growing the number of non-profits in its classes, and Zidisha had the chance to participated in the Winter 2014 class.

daric

Gold-standard lending startup Daric to go public

Daric enables its lender-members to buy payment-dependent notes — up to $10 million in notes at any given time — as peer-to-peer loans. It provides a social overlay and portfolio builder and says its investments/loans are backed up with gold.

Lending startups get cash from UK government

The U.K. government is recognizing peer-to-peer lending companies that cut out the fat cat and opt to pair up investors with companies and consumers. The Business Finance Partnership fund is starting to give out funding to these kinds of companies, with two new investments today.

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.