Tagged: qed investors

Scotiabank Forms Partnership With QED Investors to Promote Fintech Start-Ups in Latin America

fintech

Canadian international bank Scotiabank and U.S. venture capital firm QED Investors announced on Thursday their partnership and mission to bring capital and industry expertise to select Latin American fintech companies. According to the companies, QED Investors will bring its deep expertise in the financial services sector… Read More

Does Online Lending Create Less Systemic Risk than Traditional Credit? It Depends…

Risk Base Jumping Dive Fall

One of the frequently touted benefits of peer to peer/marketplace lending is the heightened transparency associated with loan originations processed online.  The financial crisis of the last decade was in part fueled by the disconnect between lender and borrower. As mortgages were securitized, sliced and… Read More

Brief: Y Combinator Continuity Leads LendUp’s Latest Round to Grow L Card

Sasha Orloff

LendUp has secured a $47.5M round to grow its L Card, a credit card touting no hidden fees and a flexible payback schedule;  the round was led by Y Combinator Continuity and joined by GV (Google Ventures rebranded), Thomvest Ventures, QED Investors, Data Collective, Susa Ventures, Radicle… Read More

Mexican Online Lender Konfio Raises $8 Million Series A

David Arana, founder and CEO of Konfio

Fintech in Mexico continues to grow as Konfio has closed on an $8 million Series A funding round. Konfio is an online lender that finances micro-businesses in Latin America. Their mission is to boost regional economies with loans for young, promising businesses. The new funding… Read More

Franchise Loan Funder ApplePie Capital Raises $6 Million in Series A. Receives $28 Million in Debt Commitments

Denise Thomas

San Francisco based ApplePie Capital, an internet funding portal that wants to “democratize access to capital and help franchise entrepreneurs achieve their dream” has raised $6 million in a Series A funding round as the stampede to invest in the future of finance continues.  ApplePie… Read More

Orchard Platform Raises $12M in Series A Funding: An Enviable Harvest

orchard

Orchard, the Marketplace Lending Platform backed by Spark Capital, Canaan Partners, and industry veterans, secures $14.7M in total investments Founded in NYC 2013, Orchard Platform, an investment and analytics platform focused on the global marketplace lending market, today announced it has raised $12 million in Series A… Read More

Peer to Peer Lender Privlo Gets $3.8 Million in Seed Funding

We Lend to Borrowers Privlo

Privlo Set to Extend Platform Across the United States. Privlo, a peer to peer lender of private real estate loans for high-quality borrowers, has raised a $3.8 million seed plus round of funding from Spark Capital and QED Investors and up to $350 million in… Read More

Crowdfunding Platform SoMoLend Raises $2.18 Million in Seed Funding

somoLend-2_copy

SoMoLend Holdings, a debt-based crowdfunding platform, announced today it has closed its $2.18 million seed-stage-funding round with the latest investment of $400,000 from QED Investors in Alexandria, Va. The investment will be used to further enhance the software platform, including the addition of social networking… Read More