The Daily Dig for Wednesday, April 13

Even celebrates $9M raise

The Oakland-based startup helps people with lower incomes and doing a good enough job to attract Peter Thiel and a group of other big name investors. Erin Griffith reports.

Prosper punts Citigroup, looking for new banks

Prosper has ended a loan-sale arrangement and is talking to other banks. Telis Demos and Peter Rudgeair report.

Levchin fintech attracts $100M in down market

Affirm has now attracted $425 million in overall financing. What down market? Heather Somerville reports.

China’s search for yield opens fraud door

As investors struggle to fund decent margins they are taking risks online. That leaves them open to fraud, writes Noriko Okemoto.



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