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  • December 1st, 2012

    P2P Lending & Education: CommonBond Launches With $3.5M, Joining SoFi In Quest To Solve The Student Debt Crisis

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    Piggy-backing on the recent launch (and massive funding) of SoFi, a new startup is launching today that wants to breathe some fresh air into the broken, complex and mollasses-slow student loan system.

    New York City-based CommonBond aims to bring the power of crowdsourcing to bear on student debt by connecting student borrowers and alumni investors and offering loans at a lower fixed rate than… → Read More

    November 6th, 2012

    The P2P Lending Experiment: Lending Club Surpasses $1B In Personal Loans, Hits Profitability

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    Last night at Bloomberg’s San Francisco headquarters, Kleiner Perkins partner Mary Meeker took to the stage to deliver one of her famed presentations on the prevailing trends in the tech ecosystem. It was a somewhat unexpected mid-year update, which elaborated on her annual report published earlier summer, and discussed the continuing strength of mobile, the skyrocketing adoption of Android phones… → Read More