After being in the shadows of Lending Club’s IPO, Prosper made news of its’ own with the completion of a $165 million Series D round. Maria Aspan reports.
Heavy hitters back new P2P intermediary
Several Wall Street executives are backing PeerIQ, a new startup aiming to be the data provider for the P2P industry. Telios Demos has more.
Dimon warns shareholders of alt-fi competition
In his latest shareholder letter Jamie Dimon warns of the threat posed by an alt-fi industry hell-bent with taking on Wall Street. Alyson Shontell reports.
Fintech firms raise $1.33 billion in Q1
Fintech firms raised $1.33 billion last quarter, an increase of more than 25 percent from the same period in 2014. Anna Irrera reports.
Crowdfunding sites split on campaigns for Scott shooter
Supporters of the South Carolina police officer who shot Walter Scott are trying to raise money for him on different crowdfunding platforms. One site is fine with it, another is not. Meg Graham reports.