Lending Club Archives - Page 18 of 23

Finovate Alumni News– April 4, 2012

By Julie Muhn (@julieschicktanz) Posted on April 4, 2012
Categories: Betterment, Doxo, FamZoo, Lending Club, Prosper, Q2ebanking

FamZoo lists the cost of the 6 partnership options for financial institutions.

Dough Roller lists Betterment as 1 of 5 ways to automate your finances.

doxo now available on Android.

Social Lending Network reports Lending Club and Prosper collectively issue over $50 mil in loans.

Q2ebanking names David Peterson EVP, customer experience and innovation.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– March 29, 2012

By Julie Muhn (@julieschicktanz) Posted on March 29, 2012
Categories: Cartera Commerce, Currensee, LearnVest, Lending Club, Outright.com, PayNearMe, PayPal, Plastyc, Prosper, ReadyForZero, Striata

Cartera Commerce launches OfferLink rewards solution for local businesses.

MyBankTracker features PayNearMe and shares how to pay your utility bill at 7-Eleven.

American Banker shares how Plastyc is 1 of 3 prepaid card providers to adopt or test a disclosure box to inform consumers of fees.

ReadyForZero launches its Facebook timeline.

Investment News profiles Currensee.

LearnVest launches a tool to help decide if you should outsource a task or do it yourself.

Forbes describes how Lending Club and Prosper have opened up the consumer debt market.

VentureBeat shares how Outright can assist during tax season.

Striata partners with IHS Telekom to bring eBilling to Turkey.

David Marcus named President of PayPal.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– March 7, 2012

By Julie Muhn (@julieschicktanz) Posted on March 7, 2012
Categories: Authentify, BillGuard, DCisions, Dwolla, ETRONIKA, FamZoo, Lending Club, ProfitStars, ReadyForZero, SecondMarket, Segmint

The Consumerist features ReadyForZero.

Ubergizmo profiles ETRONIKA.

MIT Technology Review covers Dwolla.

BlackRock teams with DCisions to improve contribution portfolio benchmarking & customer insight capabilities.

Fox News Atlanta highlights BillGuard.

Dwolla, FamZoo, LendingClub, SecondMarket, & Segmint listed in the Coolest Startups in America book.

ProfitStars introduces BusinessManager for healthcare providers.

Authentify launches 2CHK out of band authentication technology.

This post will be updated throughout the day as news and developments emerge. You

can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– January 24, 2012

By Julie Muhn (@julieschicktanz) Posted on January 24, 2012
Categories: Cardlytics, Currensee, Expensify, FiPath, Lending Club, Lendio, PayPal, Ping Identity, Prosper, Service2Media

American Banker reports PayPal tests its POS system at Office Depot.

LBi integrates Service2Media platform for clients including Coca-Cola, & Sony. Come see Service2Media demo live at FinovateEurope on February 7.

Small Business Trends examines the pros and cons of financing a startup using Prosper, Lending Club, or Lendio.

Ping Identity launches blog called Identity Matters. Come see Ping Identity at FinovateEurope Feb. 7 in London.

FiPath announces campaign to encourage Generation X to save for retirement.

BofA to use transaction-based marketing technology from Cardlytics to offer customers daily deals.

Currensee receives additional $2 million in series C financing.

Finovate interviews David Barrett, CEO of Expensify http://bit.ly/zVZzD9

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Lending Club Shares 2011 Accomplishment Figures

By Julie Muhn (@julieschicktanz) Posted on January 16, 2012
Categories: Lending Club

In a blog post last week, Lending Club detailed its 2011 accomplishments.

Here are some of the highlights:

Over 21,000 loans were originated
Originated loans exceeded $257 million
More than 24,000 new investors joined
Over 460 million dollars in personal loans have been originated since Lending Club’s start in 2007

Other accomplishments include receiving an installment of $25 million in capital and being named to Forbes’ America’s Most Promising Companies list.

To learn more about Lending Club, watch its FinovateStartup09 demo.

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Finovate Alumni News– January 16, 2012

By Julie Muhn (@julieschicktanz) Posted on January 16, 2012
Categories: CashStar, ChargeSmart, Dwolla, FeeFighters, LearnVest, Lending Club, PayPal, Prosper, SmartyPig, Transparency Labs

SmartMoney (Feb 2012) article, “Attack of the 6.5-point Typeface” cites research from Transparency Labs.

Rescuecom asks if Dwolla can become the new PayPal.

CNN Money names SmartyPig “Best Savings Alternative”.

Missouri News channel KY3 recommends using Prosper and Lending Club as a creative way to fund your business.

Bangor Daily News profiles CashStar.

NY Times blog talks about LearnVest as a financial planner for the middle class.

AARP lists ChargeSmart as a future way to pay bills using unwanted gift cards.

FeeFighters hosts webinar about ecommerce on January 16.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– January 4, 2012

By Julie Muhn (@julieschicktanz) Posted on January 4, 2012
Categories: Budgetpulse, Buxfer, Lending Club, MiiCard, Mint.com, Prosper, ReadyForZero, Yodlee

Forbes recommends Budgetpulse, Mint.com, Buxfer, and Yodlee as PFMs to help keep track of your money.

Fox News advocates ReadyForZero to help pay down debt.

Prosper launches Kindle Fire sweepstakes.

Fast Company breaks down how ReadyForZero works.

Tamebay shares how miiCard is helping to increase trust online.

P2P Lending News reports that Prosper and Lending Club facilitated $40 million in loans in December.

Expensify gives users 10 free scans per month.

Geezeo signs 5 credit unions during the last week of 2011.

Cortal Consors announces new version and expansion of Hopee.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Lending Club Removes Service Fee on Large Loans

By Julie Muhn (@julieschicktanz) Posted on January 3, 2012
Categories: Lending Club

Last week Lending Club announced that, for a limited time, it will forgo the 1% lender service fee on loans in excess of $20,000 for the entire life of the loan.

P2P Lending News reports:

“Lending Club is likely dropping its service fee on a test basis to increase investor demand in larger notes. Because borrowers with larger loan sizes have much larger payments, investors tend to see them as riskier investment options.”

Lending Club has not yet disclosed how long the fee waiver will last.

To learn more about Lending Club, watch its FinovateStartup09 demo.

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Finovate Alumni News– January 3, 2012

By Julie Muhn (@julieschicktanz) Posted on January 3, 2012
Categories: Andera, Credit Karma, Dwolla, eToro, Jemstep, Lending Club, Ping Identity, Receivables Exchange, RobotDough, TSYS, Zopa

RobotDough leaves GoDaddy due to SOPA support conflict.

Philly.com describes the Jemstep signup process.

Providence Business News reports Andera moves to a new office building.

Zopa Italy rebrands as Smartika.

eToro blog launches new column dedicated to analyzing the weekly activity on eToro OpenBook.

Forbes looks at Dwolla’s payment revolution.

Ping Identity announces PingFederate is now available as an Amazon Machine Image on the Amazon Elastic Compute Cloud.

Credit Karma launches free credit monitoring service.

The Receivables Exchange announces strategic alliance with Insperity Investment.

Lending Club removes service fee on large loans.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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2011 Funding for Finovate Alumni– Over $423 Million Raised

By Julie Muhn (@julieschicktanz) Posted on December 22, 2011
Categories: Bill.com, BillGuard, Bobber Interactive, Braintree, Cardlytics, CashStar, Continuity Control, Credit Sesame, Dynamics, edo Interactive, eToro, eWise, Finsphere, FTRANS, Guardian Analytics, Kabbage, Kony Solutions, Lending Club, Lendio, mFoundry, MiiCard, MOOTWIN, On Deck Capital, peerTransfer, Plastyc, Prosper, SecondMarket, SecureKey, Silver Tail Systems, Simple, Xero

To wrap up 2011, we’ve compiled a list of all of the funding Finovate alumni received over the course of the year.

The results were impressive:

A total of 34 companies received funding, some more than once
The companies collectively raised over $423 million dollars
The months with the highest number of companies receiving funding were June August, both with 8 companies
The highest amount of funding came in the month of June, when the alumni brought in over $124.4 million

Here is a month-by-month breakdown of funding received:

January — $40.8 million raised by 3 companies

Kabbage: $6.7 million — Blog post

Kony Solutions: $19.1 million — Blog post

On Deck Capital: $15 million — Press release

February — $10.3+ million raised by 3 companies

eToro: $8.3 million — Press release

Plastyc: $2 million — Blog post

SecureKey: Undisclosed — Blog post

March — $20.4 million raised by 4 companies

Bobber Interactive: $1.4 million — Press release

Credit Sesame: $6.2 million — Press release

Finsphere: $1.8 million — Blog post

Guardian Analytics: $11 million — Blog post

June — $124.4 million raised by 8 companies

Balance Financial: $1.5 million — Blog post

Braintree: $34 million — Blog post

Dynamics: $35 million — Press release

eWise: $14 million — Blog post

Prosper: $17.2 million — Press release

Silver Tail Systems: $20 million — Blog post

Ftrans: $650,000 — Blog post

Lendio: $2 million — Blog post

July — $1.1 million raised by 1 company

Continuity Control: $1.1 million — Blog post

August — $103.4 million raised by 8 companies

edo Interactive: $20 million — Press release

Kabbage: $17 million — Blog post

Lending Club: $25 million — Blog post

miiCard: $900k — Press release

On Deck Capital: $19 million — Blog post

peerTransfer: $7.5 million — Press release

Simple (Formerly BankSimple): $10 million — Blog post

Xero: $4 million — Press release

September — $33 million raised by 1 company

Cardlytics: $33 million — Blog post

October– $22 million raised by 2 companies

BillGuard: $10 million — Blog post

CashStar: $12 million — Press release

November — $16.3+ million raised by 3 companies

Braintree: Undisclosed — Blog post

Ftrans: $1.3 million — Blog post

SecondMarket: $15 million — Press release

December — $52.2 million raised by 5 companies

Bill.com: $15.5 million — Press release

Kabbage: $12 million — Press release

mFoundry: $18 million — Press release

MOOTWIN: $5.5 million — Blog post

Plastyc: $1.2 million — Blog post

Note: Funding that companies received before they demonstrated at Finovate was not counted. If you see any funding that is not on this list, please send the name of the company along with a link to the funding information to julie@netbanker.com and I will add it.

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Finovate Alumni News– December 21, 2011

By Julie Muhn (@julieschicktanz) Posted on December 21, 2011
Categories: Check Point, Expensify, HelloWallet, Lending Club, Linkable Networks, Ping Identity, Prosper, Simple, Xero

Fox News discusses how Prosper & Lending Club help small businesses.

The Chicago Tribune profiles Simple.

BizReport examines card-linked offers from Linkable Networks (formerly CLOVR Media).

Check Point announces Anti-Bot Software.

ReadWriteWeb’s Richard MacManus lists Xero as #8 in his 2011 list of top 10 web products.

Inc Magazine lists Expensify as 1 of 8 startups to watch in 2012.

Ping Identity makes the top 10 list of most exciting IT security vendors. Come see Ping Identity’s live demo at FinovateEurope.

HelloWallet gives away 20,000 free subscriptions in 2011 to families in need.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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