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.
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.
Loosecubes, a website that lets companies sublet empty office spaces by the day or week, launched new ranking features today aimed at gathering detailed review information from renters. That data will be used by the office-sharing startup to make its workplace listings more effective.
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, 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.