Shanghai-based p2p lending service Ppdai.com has completed series B round (rumoured to be at 45M US$). The round was led by Lightspeed China Partners, an early stage investment company. Wealth management company Noah Private Wealth Management and Sequoia Capital also invested.
Prosper Marketplace announced yesterday that it has raised 25 million US$ in additional funding to accelerate the company’s growth . The round, which was led by existing partner Sequoia Capital, also includes a new investment by Blackrock, the world’s largest asset manager, as well as a broad representation of existing investors.
Since bringing on a new management team in January 2013, the Prosper platform has achieved growth in its monthly loan originations, rising from $9 million in January to $32 million in August.
This round came pretty quick after the last 20 million US$ round in January.
Source: Prosper press release