Funding

Will the FDIC's next leader be female?

08/03/17

Fifth Third’s new chief legal counsel, Jelena McWilliams, might be changing jobs again and Australia’s first female bank CEO tells all in a memoir. Plus, the advantage with female founders, and young feminists on the rise.

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Struggling marketplace lender announces funding deal

02/27/17

Prosper Marketplace will receive as much as $5 billion in loan funding under a deal that will provide investors an equity stake in the San Francisco company

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New York online lender secures $300M loan commitment from Jefferies

02/15/17

Bond Street targets small businesses that might be able to qualify for a bank loan but are looking for a faster and easier approval process.

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How will CDFIs fare under Trump?

02/09/17

Supporters of the Community Development Financial Institutions Fund, a Treasury program, are weighing the potential for budget cuts against the administration's interest in creating jobs and helping low-income communities.

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Banks should slow down to get blockchain right

01/20/17

Bank consortium R3 CEV, one of the most well-funded blockchain working groups, has endured criticism for its meticulous process. But if blockchains are most valuable with a network effect, maybe forgoing some agility is worth the long while.

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$100M in debt financing for Texas-based online lender

01/19/17

BorrowersFirst said its new financing will come from Waterfall Asset Management, a New York firm that focuses on high-yield investments.

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Riverview Financial in Pa. to sell $17M in stock

01/18/17

The company is selling common and preferred stock in a private placement.

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