Companies
On Deck Expands Prouct Features To Better Serve Main Street Businesses; Increased Loan Amounts And Funding In One Day
On Deck Expands Prouct Features To Better Serve Main Street Businesses; Increased Loan Amounts And Funding In One Day (via PR Newswire) Tech-Powered Lender Also Crosses $500M Lending Mark Download image On Deck Logo. (PRNewsFoto/On Deck) NEW YORK, June 12, 2013 /PRNewswire/ – On Deck (www.ondeckcapital.com), the technology-powered Main Street lender, announced today a number of [...]
Microsoft offer’s Crowdfunding Platform “Chip-In” for Student Laptops
Microsoft is introducing it’s latest technology today, a crowdfunding platform called “Chip In” which allows students to crowdfund funds to purchase a laptop the summer before their school year. The website is open to students, faculty and staff with a .edu email address and runs through September 1st. Microsoft will be running a 10% discount [...]
After crowdfunding $10M for a dozen consumer product companies, CircleUp raises its own $7.5M Series A
After crowdfunding $10M for a dozen consumer product companies, CircleUp raises its own $7.5M Series A (via Pando Daily) By Michael Carney On May 7, 2013Not all crowdfunding is created equal. The first generation of this peer-to-peer fundraising concept centered around incentive-based campaigns, where users of platforms like Kickstarter and Indiegogo receive rewards and recognition [...]
After Google: Analyzing the P2P Lending Market
Lending Club’s $125 million investment round led by Google proves something most investors and financial professionals already knew: P2P lending is the dominant and most profitable force in the crowdfunding space. By analyzing recent news and valuations, it becomes quite clear that funding directed toward P2P lending platforms eclipses the combined funding for all non-debt [...]
Blackhawk Investments Opens Peer to Peer Lending to Real Estate
Blackhawk Investments is opening the peer to peer lending space up to real estate investors. Blackhawk Investments allows borrowers looking for real estate loans to enlist on their platform and request a loan; upon qualifying they will be matched to interested investors. Lenders can enroll on their platform, browse the loan request and choose where [...]
CrowdIt Offers First 64 Submitted Crowdfunding Projects Complimentary Publicity (via PR Newswire)
CrowdIt Offers First 64 Submitted Crowdfunding Projects Complimentary Publicity (via PR Newswire) Company will launch all projects on June 4 (6/4) when official site goes live SPRINGFIELD, Mo., April 10, 2013 /PRNewswire/ — CrowdIt (www.crowdit.com), the crowdfunding site for the “New American Dream,” today announced it will provide free media exposure to the first 64 [...]
BlueRun Media Launches Film Crowdfunding Management Service
BlueRun Media launches a crowdfunding film management division BlueRun Crowdfund. BlueRun Crowdfund will be utilizing crowdfunding outlets to help their current clients exposure. Read more in the press release below: Leading the Way in Film Crowdfunding Crowdfund leader launches film crowdfunding management services, starting with eight films and top indie film companies such as Mad [...]
CrowdIt Previews First Crowdfunding Projects (via PR Newswire)
CrowdIt Previews First Crowdfunding Projects (via PR Newswire) Crowdfunding projects represent the entrepreneurial spirit that CrowdIt sees driving the emergence of the New American Dream SPRINGFIELD, Mo., April 2, 2013 /PRNewswire/ – CrowdIt (www.crowdit.com), the crowdfunding site for the “New American Dream,” today announced early crowdfunding projects submitted…
Kiva Touches One Million Lives Worldwide With Crowdfunded Loans
Kiva Touches One Million Lives Worldwide With Crowdfunded Loans (via MarketWire) SOURCE: Kiva.org March 18, 2013 05:00 ET Milestone Shows Potential for Crowdfunding to Expand Opportunity, Change Lives SAN FRANCISCO, CA–(Marketwire – Mar 18, 2013) – Kiva, the world’s largest crowdfunding platform for social good, announced today that it has reached over 1 million people [...]
President Bill Clinton Helps Launch Kiva City Little Rock to Bolster Small Business Growth
President Bill Clinton Helps Launch Kiva City Little Rock to Bolster Small Business Growth (via MarketWire) SOURCE: Kiva.org March 15, 2013 05:00 ET Kiva, Visa Inc. and Accion Texas Inc. Team Up to Provide Access to Small Dollar Loans Through Proven Crowdfunding Platform LITTLE ROCK, AR–(Marketwire – Mar 15, 2013) – President Bill Clinton today [...]
Lending Club Appoints Former Visa President as Director
Lending Club Appoints Former Visa President as Director (via PR Newswire) Hans Morris joins John Mack, Mary Meeker and Lawrence H. Summers on credit platform’s board of directors SAN FRANCISCO, Feb. 28, 2013 /PRNewswire/ – Lending Club (http://www.lendingclub.com) announced today that former Visa Inc. President Hans Morris has joined the company’s board of directors as…
Rebirth Financial Announces National Launch
Rebirth Financial announced their national launch yesterday. The press release is below: Rebirth Financial Launches Nationally- Small Businesses Across America Now Have A Better Way to Secure A Loan America’s first and most successful crowdfunding platform connecting small business borrowers directly to individual and institutional lenders launches nationally. New Orleans, February 26, 2013 ~ [...]
Prosper Unveils New Protection for Lenders
Prosper unveiled their new lender protection policies which they have been developing alongside the SEC. Prospers new entity Prosper Funding LLC has taken ownership of all of Prospers loans and issues all of the Notes on the Prosper Market place. This ensures that all Notes are fully protected in the event of a Prosper Bankruptcy. [...]
Alternative Lender Zopa Expects Record Year in 2013 Reports Click to Cash
Alternative Lender Zopa Expects Record Year in 2013 Reports Click to Cash (via SBWire) CEO Andrews says Alt-lending may double in popularity Next Year San Francisco, CA — (SBWIRE) — 12/28/2012 — Peer-to-peer lending is bigger than ever, according to Zopa, the industry’s leading company. The p2p giant says that consumers have flocked to them [...]
Lending Club Opens Low-Interest, Fixed-Rate Personal Loan Platform to Tennessee Residents
Lending Club Opens Low-Interest, Fixed-Rate Personal Loan Platform to Tennessee Residents (via PR Newswire Download image SAN FRANCISCO, Feb. 7, 2013 /PRNewswire/ – Lending Club (http://www.lendingclub.com) today announces that the leading platform for investing in and obtaining personal loans is now open to borrowers in Tennessee. Applicants with good-to-excellent credit may apply for an unsecured personal…
Lending Club Named to Forbes’ “America’s Most Promising Companies” List for Second Consecutive Year
Lending Club Named to Forbes’ “America’s Most Promising Companies” List for Second Consecutive Year (via PR Newswire) Credit platform rises to No. 12 spot Download image SAN FRANCISCO, Feb. 6, 2013 /PRNewswire/ – Lending Club (http://www.lendingclub.com), the leading platform for investing in and obtaining personal loans, today announced it has been named to Forbes’ America’s Most [...]
Thin Cats Update
ThinCats posts its first update of 2013 in which they announce their statistics and give details of their new “auto-lending feature.” Below is the post from the ThinCats Blog: I will begin with an update of where ThinCats is in terms of our statistics. We are now over £18 million under management, completed over £14.5 [...]
Kiva City D.C. Launches to Bolster Small Business Growth in Greater Washington, D.C. Area
Kiva City D.C. Launches to Bolster Small Business Growth in Greater Washington, D.C. Area (via PR Newswire) Partnership between Capital One Bank, Kiva and Latino Economic Development Center Provides Small Businesses Access to Capital through Proven Capital One will Match Loans Posted on Kiva by LEDC Crowd-funding Microloan Program WASHINGTON, Jan. 8, 2013 /PRNewswire/ – A [...]
Prosper Appoints Stephan Vermut CEO
Prosper.com announced it’s recent staff appointments and it’s partnership with Sequoia Capital. Below is the press release from Prosper: SAN FRANCISCO – January 22, 2013– Prosper (www.prosper.com), a leading peer-to-peer financing platform to invest and borrow money, today announced it has appointed Stephan Vermut as Chief Executive Officer and member of the board of directors. [...]
Funding Circle CEO Takes a Look at 2013
Funding Circle CEO, Samir Desai, wrote a blog post today expressing optimism about peer to peer lending in 2013. Desai writes that in 2012 peer to peer lending “transitioned from a fledgling industry into a real alternative for small businesses looking for investment and investors wanting a better return on their money.” Desai goes on [...]
So far no one has lent me any money. I have noticed however that pretty much no one has been ...
P2P lending is heating up! These early companies exploring the platform will be very successful. I'm Impressed