Tagged: zhengyuan lu

Digital Commerce Growth Platform Wayflyer Secures $1B Financing from Neuberger Berman

September 6, 2023 @ 7:11 pm By Omar Faridi |

Wayflyer, the revenue-based financing and growth platform for eCommerce businesses, has announced that it has agreed to an off-balance sheet program that will purchase up to $1bn of assets from funds managed by investment management firm Neuberger Berman. The facility means that Wayflyer is able… Read More

Read more in: Fintech | Tagged aidan corbett, digital commerce, e-commerce, financing, investment management, neuberger berman, revenue-based financing, wayflyer, zhengyuan lu

Prosper Marketplace Secures $75M in Growth Capital

November 18, 2022 @ 12:23 pm By Omar Faridi |

Prosper Marketplace, which claims to be the “first” peer-to-peer lending platform in the United States, announced the closing of a new $75 million financing “from a fund managed by Neuberger Berman.” This capital enables Prosper “to meet strong consumer demand for its personal loan, credit… Read More

Read more in: Investment Platforms and Marketplaces | Tagged david kimball, financing, lending, neuberger berman, p2p lending, peer to peer, prosper, prosper marketplace, united states, us, zhengyuan lu