lending money

lending money

Kabbage Raises $30 Million to Make Small Loans to Online Merchants

allthingsd.com
Kabbage, which helps small online merchants obtain working capital, has raised $30 million in a third round of capital. The Atlanta-based company will use the funding to fuel growth opportunities. The round was led by Thomvest Ventures. Other investors, including UPS Strategic Enterprise Fund, Mohr Davidow Ventures, BlueRun Ventures, Warren...
Kabbage Raises $30 Million to Make Small Loans to Online Merchants

Startup Seeds makes a game out of micro-lending

venturebeat.com
Gaming evangelist Jane McGonigal calculated that we spend 3 billion hours a week playing games. The folks at Seeds want to harness that time to make the world a better place and have fun doing it. They are creating a game that makes a game out of micro-lending, or making...
Startup Seeds makes a game out of micro-lending

Kiva Piloting Microlending For U.S. Small Biz, Clinton Says It's 'A Very Big Deal'

techcrunch.com
Do you have a favorite coffee shop or dressmaker in your neighborhood? Now you can do a lot more than simply rave about your favorite local business to a friend: microloan giant, Kiva, is bringing crowdfunding to U.S. businesses. Normally reserved for struggling, developing-world entrepreneurs, Kiva is piloting a new...
Kiva Piloting Microlending For U.S. Small Biz, Clinton Says It's 'A Very Big Deal'

Big Data + Machine Learning = Scared banks.

pandodaily.com
The WSJ notes how tech start-ups are taking on banks. Some companies are even targeting niches like lending money for in vitro fertilization. But lending has historically been a very difficult business for startups, and for good reason:  It is highly regulated, which creates significant cost overhead, and the consequence...
Big Data + Machine Learning = Scared banks.

Amazon Quietly Jumps Into Another Business: Lending Money to Sellers

allthingsd.com
Amazon has started rolling out a new program that will provide short-term loans to merchants, which sell their products on Amazon.com. The program was first discovered by Channel Advisor, after Amazon sent detailed letters to merchants about the program. Channel Advisor provides tips to merchants, who sell items on marketplaces, like Amazon and eBay....
Amazon Quietly Jumps Into Another Business: Lending Money to Sellers

British Government Boards The P2P Lending Train: Plans To Loan £30M Through Funding Circle, Zopa

techcrunch.com
Despite bailing them out (and practically owning some of the them), the UK government seems unable to force high street banks to begin lending to small businesses again and this is causing a big problem for the economy — the wheels of capitalism won’t grease themselves. The latest solution coming...
British Government Boards The P2P Lending Train: Plans To Loan £30M Through Funding Circle, Zopa

Blur Group Raises $2M To Disrupt How Marketers Pick Creatives For Campaigns

techcrunch.com
A B2B company that is trying to change the way that marketers procure services for ad campaigns says that it has just closed one of Europe’s largest-ever angel financing rounds. blur Group, which runs a platform calls the Creative Services Exchange, says that it has raised $2 million. Bypassing the...
Blur Group Raises $2M To Disrupt How Marketers Pick Creatives For Campaigns

Lending Money To China's Leading Internet Company Is Now Less Risky Than Lending Money To Google (GOOG)

www.businessinsider.com
HONG KONG/SHANGHAI (Reuters) - Chinese search engine company Baidu Inc paid a lower interest rate than Google Inc when it sold $750 million in 10-year bonds last month. China's three dominant dot-com names - Baidu, Alibaba and Tencent Holdings Ltd - have successfully tapped global funding this year, stockpiling a...
Lending Money To China's Leading Internet Company Is Now Less Risky Than Lending Money To Google (GOOG)

Wonga readies $1.5bn float, but stigma won’t go away

gigaom.com
Payday loans business Wonga has become hot property over the last few years, offering an almost-instant online lending service that has attracted lots of attention and nearly $150 million in venture money. But as the company eyes a stock market flotation, it’s still struggling to overcome its biggest hurdle: the...
Wonga readies $1.5bn float, but stigma won’t go away
Anyone Who Thinks Apple's Bonds Are As Safe As Government Bonds Is Hallucinating

Google Ventures Leads $17 Million Round in On Deck Capital

allthingsd.com
A couple months ago, On Deck, the company that uses big data to evaluate whether or not a small business is worth lending money to, landed a healthy $42 million Series D investment of its own. Today that same round got bigger. On Deck announced this morning that Google Ventures...
Google Ventures Leads $17 Million Round in On Deck Capital

Dell Deal Done Differently

allthingsd.com
So much for one-stop shopping. When a giant takeover is brewing, banks usually try to get as many pieces of the action as they can, from offering advice to lending money. But J.P. Morgan Chase & Co., the largest U.S. bank by assets and one of the most frequently hired...
Dell Deal Done Differently

10 Things You Need To Know This Morning (AAPL, FB, GOOG, NWS, INTC)

www.businessinsider.com
Good morning. It's December already. Brian Williams interviewed Tim Cook in Grand Centrals and New Yorkers didn't seem recognize them (or they were just being polite.) Apple iMacs say they are "assembled in the US," but are they really? Silicon Valley's most influential startup incubator, Y Combinator, says its Winter...
10 Things You Need To Know This Morning (AAPL, FB, GOOG, NWS, INTC)

New York Payment Startup Venmo Sells For $26.2 Million To Braintree To 'Prepare For Mobile Commerce'

www.businessinsider.com
In 2009, two college roommates Andrew Kortina and Iqram Magdon-Ismai founded Venmo. Venmo has spent the past three years making it easier for friends to exchange money via mobile devices. It makes lending money easier as well as splitting bills. Today payment company and credit card processor Braintree has acquired...
New York Payment Startup Venmo Sells For $26.2 Million To Braintree To 'Prepare For Mobile Commerce'
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