Tagged: lending club

May 2, 2013 @ 10:57 am By Charles Luzar  |  

Google has invested $125 million into peer-to-peer lending platform Lending Club, placing a valuation of over $1.5 billion on the crowdfunding platform. The crowdfunding industry is abuzz, hailing this as a banner moment for crowdfunding stakeholders.

April 6, 2013 @ 2:25 am By JD Alois  |  

Lend Academy, a resource for the P2P lending industry, and NowSteet Media, producer of  financial events that highlight Wall Street transformations, are pleased to announce LendIt, the first global conference for the burgeoning P2P and online lending industry. Lend Academy, the preeminent resource for the… Read More

March 21, 2013 @ 5:00 am By JD Alois  |  

Millennium Trust Company, a firm specializing in the custody of alternative investments and private fund assets, announces it has reached $1 billion in fund assets under custody in less than two years of launching the firm’s Private Fund Custody service. Millennium Trust’s qualified custodian service has also attracted firms… Read More

February 4, 2013 @ 5:14 pm By BusinessWeek  |  

Nearly two years ago, I championed the idea of making it legal for entrepreneurs to raise money by selling equity stakes in their companies online. This kind of crowdfunding came much closer to becoming a reality when President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law… Read More

November 5, 2012 @ 10:19 pm By Charles Luzar  |  

Debt-based crowdfunding portal Lending Club surpassed $1 billion (with a B) dollars in funded loans today.  On that billion dollars, approximately $85 million in interest payments were made to investors.