CommunityLend
Strategic Investor Provides $3M In Funding To CommunityLend
A non-brokered private placement has helped CommunityLend raise $3 million for financing from a strategic investor. Here is the press release: June 11 2012 (Techvibes Newsdesk) – CommunityLend has raised $3 million through a non-brokered private placement from a single investor. The investor is an existing strategic partner to the company, an experienced private company [...]
$3 Million Raised By CommunityLend For Financing Funding
An additional $3 million in funding has been raised by CommunityLend for its on-demand financing platform. Here is the press release: ?June 8, 2012 (BETAKIT) – Canadian startup CommunityLend, originally designed as a crowdsourced platform for securing loans, this week announced an additional $3 million in funding raised. The company has since pivoted away from [...]
CommunityLend Attracts C$1.5 Million in Venture Capital
Toronto-based CommunityLend announced last month that it had closed a new round C$1.5 million of venture capital from private investors. The private-placement investment that CommunityLend received was funded by a number of angel investors and a fund that makes institutional investments. Wildlaw Capital Markets served as an agent for this latest round of venture capital. [...]
Canadian Peer-to-Peer Lending Company CommunityLend Now Available in Quebec
CommunityLend, a Canadian peer-to-peer lending company, announced on January 29th that their service is now available to both borrowers and lenders in the province of Quebec. In a short blog-post on their site titled “Welcome Quebec,” the company said “Starting today, Lenders and Borrowers from Quebec can now participate in the CommunityLend online lending system.” [...]
CommunityLend Launches Licensed Peer-to-Peer Lending in Canada
Nearly three years after starting to build out what they hoped would be the first social lending company in Canada, CommunityLend has finally launched for borrowers and lenders in the Canadian province of Ontario. Despite having a lot of the technical pieces in place for years, CommunityLend’s launch was continually delayed for regulatory reasons. Now [...]
Prosper Readies for Relaunch
Apparently, the third amendment’s the charm. Having filed a third amendment to its S-1 filing with the SEC just last week, Prosper has added a maintenance message to the header of its site, stating that the site will be offline all weekend for “system upgrades and configuration changes”. This is probably an indication that Prosper [...]
eBay’s MicroPlace Readies for Launch
MicroPlace, a US-to-developing world P2P lending platform (somewhat like Kiva) is scheduled to launch some time this fall, possibly as early as September. MicroPlace will let Americans with as little as $100 make a low-interest loan to an entrepreneur in a developing nation through a microfinance institution. The big difference between MicroPlace and Kiva, which launched [...]
P2P lending is heating up! These early companies exploring the platform will be very successful. I'm Impressed 
Did u actually get the funds, is this a payday loan?