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.
EverCompliant, a provider of cyber risk intelligence and merchant fraud detection solutions, announced today that it has raised $3.5 million in Series A financing, led by Carmel Ventures, Nyca Partners and existing EverCompliant investor Joey Low from Star Farm Ventures.
SAVERS DO NOT get much in the way of interest from their banks these days. But a different logic seems to apply to borrowers, who still often pay double-digit rates for credit—if they can get it at all. That has attracted a number of outfits offering to connect those who need cash with those who have a surplus of it. The rapid growth of such “peer-to-peer” lenders has been one of fintech’s most visible successes. The biggest such firm, Lending Club, based in San Francisco, listed its shares in December to a clamour reminiscent of the 1999 tech boom.