The San Francisco startup, which connects borrowers and lenders, plans to use its new funds to expand -- just like its main rival.
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.
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.
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.
An entirely Web-based operation, WeBank issued its first loan to a truck driver on Monday.
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