If you need to borrow money, you picked a great time. New “alternative” –meaning nonbank — lenders are popping up every day. Within the past week, Kabbage, a small business lender, and SoFi, which helps refinance student loans, received large votes of votes of confidence from investors. More recently, person-to-personRead More
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The competition was stiff and the challenge itself was arduous, but after ten 6-minute demos to ten different audiences, Phroogal emerged triumphant in the 2014 Bank Innovation DEMOvation Challenge. San Francisco-based Phroogal is a question-and-answer portal for financial advice — a sort of Quora for the financially curious. The serviceRead More