The San Francisco startup, which connects borrowers and lenders, plans to use its new funds to expand -- just like its main rival.
Investors hope the Cité de l'Objet Connecté in France will become a hub for designing and building new networked devices. French government agencies are chipping in some initial funding.
Technically Incorrect: He's busily embroiled in the NBA Finals, but he knows how to look after his fellow Cavaliers. A touch odd for a longtime Samsung spokesman?
The peer-to-peer lending startup had connected borrowers and sellers for personal loans up to $35,000, but now it's catering to small businesses with $100,000 loans.
The company is offering everything from car marketing services to using a crowdfunding platform through its eBay-like retail site Taobao to allow business owners to raise capital from the site's users.
They are cornerstones of the economic, political and social landscape: Part one of a series looks at how these conglomerates -- like Samsung, LG and Hyundai -- saved South Korea from crushing poverty and defined a country's role on the global stage.
Pay.gov, a government website that collects payments to federal agencies, has added PayPal and Dwolla to its list of options.
The administration will offer loans and work to remove law that limit consumers' ability to choose fast, affordable broadband.
SquareTrade releases data showing that Washington isn't just the nation's capital, it's also the scariest place in the country to be an iPhone.
An entirely Web-based operation, WeBank issued its first loan to a truck driver on Monday.