Tagged: mohamed el-erian

Peer-to-Peer Platform Payoff Secures Funding for up to $250M to Eliminate the Credit Card Debt of the Next 15,000 Members

Southern California-based Payoff, Inc. today announced that Eaglewood Capital Management, a subsidiary of alternative asset manager Marshall Wace, has agreed to finance up to $250 million of loans over a multi-year period, subject to Eaglewood’s purchase criteria. This arrangement should enable Payoff’s rapid growth to support the… Read More

Famed Investor Mohamed El-Erian Joins Payoff Peer to Peer Lending Platform

Well known investor and former Pimco executive Mohamed El-Erian has joined the board of Payoff after investing in the “next generation financial services company”.  El-Erian was an important part of Pimco – the largest bond manager in the world – until recently when he departed… Read More

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