Funding

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.

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

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.

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.

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.

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.

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

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

PNC and First Data see a benefit in tailoring the health care experience with a focus on the consumer, and are working to enable that process by funding a cloud-based IT company that digitizes medical office management.

The global conglomerate Koch Industries plans to invest $2 billion in Infor, an enterprise software provider for various industries including financial services.