Fin-tech startup On Deck opens its fourth round, nabs $17M from Google Ventures & Peter Thiel

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.

LendUp uses ‘big data’ to bring better small-dollar loans to people in need

Launching today, the San Francisco-based startup is using technology to experiment with lower interest rates, and ensure that loans are a way to help people move up the ladder. Unlike other small-dollar lenders, there are no hidden fees or rollovers, and loan decisions are instant.