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Friday 14 September 2007

Lending Club breaks $1 million, expanding


"Lending Club, the Facebook exclusive person-to-person lending service has passed the $1 million mark in loans to Facebook users.

The milestone comes just short of 3 months since the the site hit the $100,000 mark, and 3 1/2 months since going live as an original Facebook Platform partner.

Lending Club will also announce today that it is expanding beyond Facebook and will now offer similar ways to connect borrowers and lenders through thousands of alumni associations and professional organizations via LendingClub.com."

More at TechCrunch.

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