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VC Private Financings for Personal Loans

Tradual raises $2,600,000

July 25, 2008
VCA Theme: Personal Loans

Tradual Inc., a Boston-based social media company focused on the foreign currency exchange marketplace, has secured $2.6 million of a $4 million Series A round. The Boston-based company doesn’t have a working website yet, so it’s not totally clear what they’re building, but it’s something having to do with Forex and social media. Money meets […]

NeoSaej raises $7,000,000

July 15, 2008
VCA Theme: Personal Loans

NeoSaej Corporation, a leader in online auction marketplaces and developer of MoneyAisle.com, the first and only Web site where banks competitively bid for customers through live secure auctions, today announced it had closed $7 million in funding. MoneyAisle is the next-generation e-commerce auction marketplace that provides consumers with great rates on CDs and high-yield savings […]

IPP of America raises $20,500,000

February 19, 2008
VCA Theme: Personal Loans

IPP of America (’IPP’), a leading provider of electronic payment services, today announced that it has closed a $20.5 million round of venture capital investment. “Providing financial services to the under-banked market continues to present exciting possibilities.” IPP of America Inc. (”IPP”) a leading provider of electronic payment services operates the largest national network of […]

FirstGain raises $30,000,000

February 13, 2008
VCA Theme: Personal Loans

FirstGain LLC, a San Diego-based online consumer lender, has raised $30 million in private equity funding. San Diego-based FirstAgain offers the AnythingLoan, the nation’s first completely paperless, consumer loan, which is unsecured and can be used for any purpose, including home improvements, vehicle purchases, educational and medical expenses, timeshares and loan refinancing. The FirstAgain lending […]

Nexxo Financial raises $7,500,000

January 9, 2008
VCA Theme: Personal Loans

Nexxo Financial Corp., a San Bruno, Calif.-based provider of financial services for international monetary remittance, has raised around $7.5 million in Series C funding.

Debt Resolve raises $4,500,000

December 18, 2007
VCA Theme: Personal Loans

White Plains-based Debt Resolve Inc., which provides a way for parties to settle payment disputes on the Internet, said today it has gotten $4.5 million in funding from The Resolution Group, an Irvine, Calif. company. The two companies will establish a joint venture to develop a product for the sub-prime home mortgage workout market, Debt […]

SHARE Microfin Limited raises $25,000,000

October 11, 2007
VCA Theme: Personal Loans

SHARE Microfin Limited: Recently, private equity group Legatum and Aavishkaar Goodwell have partnered to invest $25 million capital in a micro-finance group, Share. India based microfinance institutions (MFI).

Lending Club raises $10,260,000

August 23, 2007
VCA Theme: Personal Loans

Lending Club Corp., a person-to-person lending service developed for the Facebook online community, announced a $10.26 million in Series A funding led by Canaan Partners and Norwest Venture Partners

SKS Microfinance raises $11,500,000

March 30, 2007
VCA Theme: Personal Loans

SKS Microfinance, a fast-growing microfinance institution in India gets $11.5 million investment SKS is scaling the microfinance business, which typically involves very small loans to help the poor create wealth, by relying on a for-profit model to access capital, using technology to overcome high delivery costs and adopting time-tested business practices to spur growth.

CircleLending raises $10,000,000

August 24, 2006
VCA Theme: Personal Loans

CircleLending Inc., a provider of private lending services, has closed on a $10 million Series B round of venture capital By allowing related parties to create standard loan payments and amortization schedules, among other things, CircleLending says it has made major inroads in the $65 billion a year “informal loan” market. The company said nearly […]

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