Lessons From An Advertising Past

The Lending Club IPO was a watershed moment for marketplace lending. One of the largest U.S. public Internet offerings ever, its success makes crystal clear that peer-to-peer lending is not only here

A Super Angel’s View On Venture Capital In 2015

As the first quarter of 2015 draws to a close, it's clear that the venture capital industry is evolving. Since 2005, thousands of new millionaires have been minted by the IPOs of Alibaba Group, Len

No Traditional Financial Institutions? No Problem

On Lending Club’s February 2015 quarterly earnings call, an analyst asked CEO Renaud Laplanche a simple question: have you considered getting the loans you’re issuing rated? Renaud had a simple an

Fundbox Raises $40 Million To Pay Invoices On Demand

Fundbox, a company that loans businesses money for outstanding invoice payments, has raised $40 million to grow its own business in the trillion-dollar alternative lending market. The Series B roun

Alibaba And Lending Club Launch Financing Program For U.S. Businesses

Alibaba.com and peer-to-peer financing site Lending Club have inked a strategic partnership designed to get more U.S. businesses to buy inventory from the e-commerce giant’s wholesale marketplace. T

New Relic And Hortonworks See Strong Public Debuts

In early trading, New Relic’s shares are up 31 percent in its first day as a public company. Another technology company, Hortonworks, will begin trading this morning as well. Update: Hortonworks

SoFi Closes On $80 Million To Expand Its Lending Business

Confirming our earlier reporting, the peer-to-peer lender Social Finance said it closed on $80 million in fresh funding, as it looks to expand its lending operations to mortgages and personal loans.

Opening Consumer Products To Crowdsourced Investment, CircleUp Raises $14 Million

Technology's ability to harness the wisdom of crowds has created massive new businesses that support entrepreneurship around arts, craftsmanship, and technology while simultaneously re-shaping the mar

Startup Financial Services Companies Come Of Age

With one eye on businesses <a target="_blank" href="http://www.inc.com/magazine/201211/burt-helm/hard-lessons-in-modern-lending.html">abandoned in the wake of the financial crisis</a> and the other o

Google-Backed Lending Club Brings Peer-To-Peer Lending To Business Loans

Peer-to-peer lending platform <a target="_blank" href="http://www.lendingclub.com/">Lending Club</a>, a peer-to-peer lending marketplace, is announcing a major expansion today into business loans.

With An IPO On Its Radar, Lending Club Adds Former Treasury Secretary Larry Summers To Its Heavyweight Board

Today, Larry Summers became the latest prominent name to endorse <a target="_blank" href="http://www.lendingclub.com/">Lending Club</a> -- the fast-growing peer-to-peer lending company that aims to co

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

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

The P2P Evolution

<img src="http://tctechcrunch.files.wordpress.com/2011/05/space-robot-handshake.jpg"> Many years ago, after graduating college, I came home before moving to NYC, wondering how I would scrounge toge

Lending Club Surpasses $10M In Monthly Loan Fundings, Makes Key Hire

<img src="http://tctechcrunch.files.wordpress.com/2010/04/lendingclub.png" class="shot2" />Peer-to-peer lending network <a href="http://www.lendingclub.com/home.action">Lending Club</a> this morning a

Peer Lending Site Lending Club Raises $24.5 Million Series C Round

<img src="http://tctechcrunch.files.wordpress.com/2010/04/lendingclub.png" class="shot2" />A big round for a company that originally started out as a <a href="https://beta.techcrunch.com/2007/06/20/le

SEC Greenlights Prosper; P2P Lending Resumes In 14 States, More Coming

<a href="http://www.prosper.com/"><img src="http://www.beta.techcrunch.com/wp-content/prosper-logo.png" width="165" height="33" /></a>Good news for P2P lending and trading platform <a href="http://www

P2P Lending Marketplace Prosper Gets Off The Bench, Debuts Open Market Initiative

<a href="http://www.prosper.com/"><img src="http://www.beta.techcrunch.com/wp-content/prosper-logo.png" width="165" height="33" /></a><a href="http://www.prosper.com/">Prosper</a>, the people-to-peopl

Lending Club Gets A $12 Million Credibility Boost

<a href="http://www.crunchbase.com/company/lendingclub"><img src="http://tctechcrunch.files.wordpress.com/2009/03/lendingclublogo-215x72.png" width="215" height="72" /></a>P2P money lending service <a

Prosper And Other P2P Lenders Get Squeezed By The Credit Crunch

<a href="http://www.lendingstats.com/membershipGrowth"><img src="https://beta.techcrunch.com/wp-content/uploads/2008/10/prosper-lending-stats.png" /></a> <a href="http://www.prosper.com/">Prosper</a>

Lending Club Files For SEC Registration, Hopes To Resume Service

Lending Club, the P2P money lending site, has filed registration forms with the SEC. Pending their approval, the site should be able to relaunch its lending service, which has been on hiatus since Apr
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