Orchard Platform, which provides technology and infrastructure to online lenders, said on Thursday it raised $30 million in a recent round of funding, becoming the latest marketplace lending company to attract investment.
Orchard’s existing investors include former Thomson Reuters Corp CEO Tom Glocer and ex-Morgan Stanley CEO John Mack as well as venture firms Spark Capital, Canaan Partners, QED Investors, NYCA and Conversion Capital, who all also participated in the round.
With its new financing, led by experienced lending investor August Capital with participation from the New York financial services investment firm Nyca Partners, CommonBond will look to expand its headcount and lay the groundwork for its entrance into other markets…
Affirm, the lending company started by Max Levchin that offers customers payment plans for online purchases, has announced that the company’s financing options will now be available to all Shopify stores.
Payoneer Inc., a leading online payments company transforming the way businesses send and receive cross-border payments, is announcing that Wellington Management Company has led a $50 million investment in Payoneer.
Now, a startup aims to turn online “slacktivism” into activism. GoodWorld Inc. has raised $1.7 million in seed funding for technology that enables nonprofits to raise money easily from their followers on social media networks, including Facebook and Twitter today.