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
Read more in: Investment Platforms and Marketplaces | Tagged finance, mohamed el-erian, p2p, pay, payoff, peer to peer, refinance, scott saunders
