The Daily Dig for Thursday, May 26

Study shows crowdfunding leads to more funding

The proof of concept capability afforded by crowdfunding helps attract investors, Robb Mandelbaum reports.

Blue Elephant resumes Prosper purchases

Tighter standards and higher rates are behind the decision, Brian Weinstein tells Michael Erman.

New York probe to extend beyond Lending Club

Specific companies are not yet known. Learn more here.

Prosper rate hike targets risky borrowers

They will pay 29 basis points more on average, write Peter Rudegeair and Telis Demos.

Like this article? Take a second to support us on Patreon!