Alternative lenders Prosper Marketplace and OnDeck Capital are tightening up an already close relationship by agreeing to share strategy as well as exchange loan referrals, the companies announced this week at the LendIt conference in New York. Get the Full Story Complete the form to...
Lending Club and Citi will work together to facilitate up to $150 million in loans to low- and moderate-income borrowers in underserved communities, the alt-lender and bank jointly announced on Tuesday (April 14). Get the Full Story Complete the form to unlock this article and...
Last week San Francisco welcomed the latest unicorn to the herd – P2P lending site Prosper. Prosper announced that it brought in another $165 million in venture funding and sailed right past the “unicorn-making” $1 billion mark to a total valuation of ~$1.9 billion. Get...
West Coast grocery store chain Haggen has sent itself a MoneyGram. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
The United States’ second biggest P2P lending market has closed out a financing round that pushes its valuation to $1.9 billion – rocketing it into the “unicorn” strata of startups and nearly tripling up its last valuation of a year ago. This all comes while Prosper...
So goes the economy, so goes the likelihood of getting financing as a small business. When times are bad, the money dries up; when times are good – well actually, since the last recession, the situation has still been pretty dire, which is why so many...
A new P2P lending startup officially launched into the market yesterday (April 7) to bring an alternative financing option to consumers looking to borrow at a lower rate — and to do so in a manner that has the ability to potentially reduce the risk to...
Establishing a credit history can be an unexpectedly tricky thing – to get a loan consumers need to demonstrate a past history of managing with debt well. To manage debt well, entities need to extend loans to consumers. Since the inception of credit, the above...
The Brink’s truck is backing up to MasterCard (so to speak). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...