Tony Zerucha·Alt-Finance·May 26, 2016·1 min read·1 viewThe Daily Dig for Thursday, May 26 ShareTweetShareSubmit 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.See alsoApril 10, 2018MoneyLion adds checking, savings account capability 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!