Marketplace lending

Credible, a comparison shopping site for private student loans, announced that it has raised $10 million from a group of investors that includes some big names in marketplace lending.

Cloud Lending Solutions, a technology provider to marketplace lenders and other finance companies, announced that it has raised $8 million in venture funding.

The marketplace lender is paying $30 million in cash plus an undisclosed amount of stock. It plans to use BillGuard’s apps, which come with detailed information about their users’ financial habits, to attract new borrowers.

CommonBond has expanded its student loan refinancing program to more than 2,000 universities at the graduate and undergraduate levels.

Money360, a marketplace lender that focuses on commercial real estate, has hired mortgage industry veteran Gary Bechtel as its president.

The profound disruption that has led to the rise of challengers like Apple, PayPal and Square can ultimately drive innovation across the financial services industry.

IMGCAP(1)]

Fundera, which runs a website where small-business owners can shop for loans, has raised $11.5 million in new equity funding.

Not only do rules imposed under the Dodd-Frank Act threaten regional banks' lending capabilities, they could actually wind up increasing risk to the financial system.

CircleBack Lending, a Boca Raton, Fla., marketplace lender, has completed a $17.4 million round of equity financing.