Tag Archives: AvantCredit

Top 20 Transactions Deals for December 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $3,500,000,000 Trulia Zillow Transactions Acquisition
2 $1,650,000,000 Mercury Payment Vantiv Transactions Acquisition
3 $1,200,000,000 Uber Consortium Transactions Investment
4 $1,200,000,000 Uber Consortium Transactions Investment
5 $1,000,000,000 Ebates Rakuten Transactions Acquisition
6 $600,000,000 Uber Baidu Transactions Investment
7 $523,500,000 Jobstreet Seek Transactions Acquisition
8 $475,000,000 Airbnb Consortium Transactions Investment
9 $355,000,000 WeWork Undisclosed Transactions Investment
10 $350,000,000 Delivery Hero Consortium Transactions Investment
11 $260,000,000 Ticket Monster Groupon Transactions Acquisition
12 $250,000,000 SurveyMonkey Undisclosed Transactions Investment
13 $250,000,000 GrabTaxi SoftBank Internet and Media Transactions Investment
14 $250,000,000 Lyft Consortium Transactions Investment
15 $225,000,000 AvantCredit Consortium Transactions Investment
16 $210,000,000 Olacabs SoftBank Transactions Investment
17 $200,000,000 Viator TripAdvisor Transactions Acquisition
18 $200,000,000 LY.com Ctrip Transactions Investment
19 $200,000,000 LegalZoom Permira Transactions Acquisition
20 $195,000,000 China South City Holdings Tencent Transactions Investment

More information

  1. Zillow To Acquire Trulia In $3.5B Stock-For-Stock Deal (TechCrunch)
  2. Vantiv Buys Mercury Payment From Silver Lake for $1.65 Billion (Bloomberg)
  3. Uber Confirms New $1.2B Funding Round At $40B Valuation (TechCrunch)
  4. Uber Closes $1.2BN Financing Round (FinSMEs)
  5. Rakuten Buys Ebates For $1 Billion (TechCrunch)
  6. China’s Baidu Set To Partner With Uber And Reportedly Invest Up To $600M (TechCrunch)
  7. Australia’s Seek to Buy Jobstreet in $524 Million Deal (Wall Street Journal)
  8. Airbnb closes $475 million funding round (Fortune)
  9. WeWork raises $355M at nearly $5B valuation, plans IPO (VentureBeat)
  10. Delivery Hero, Hungry For Growth, Orders Up Another $350M In Funding (TechCrunch)
  11. Groupon’s $260M Acquisition Of Ticket Monster From LivingSocial Has Closed (TechCrunch)
  12. With M&A In Mind, SurveyMonkey Snaps Up $250 Million More In Funding (TechCrunch)
  13. GrabTaxi Receives US$250M Investment from SoftBank Internet and Media (FinSMEs)
  14. Lyft Raises $250 Million Series D To Fight The Car Wars (Forbes.com)
  15. Chicago-based AvantCredit announces $225 million in funding (Chicago Tribune)
  16. Olacabs raises $210 million from Japan’s SoftBank Corp; enters $1b Club (Economic Times)
  17. Travel Site TripAdvisor To Acquire Viator For Approximately $200M (Forbes)
  18. China’s Ctrip invests over $200 million in an online ticketing site (Tech In Asia)
  19. The $425M LegalZoom deal is a win for VCs, but less exciting for the company or LA (PandoDaily)
  20. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)

The rise of peer-to-peer lending

Commentary

Traditional banks make money by issuing loans to borrowers. Now ordinary people have the opportunity to do the same. Currently, one of the fastest-growing industries is peer-to-peer lending, which involves offering loans to strangers over the internet and trusting that they’ll pay back with agreed upon interest. The peer-to-peer lending space is currently exploding at an exponential growth rate with over $1 billion in venture capital poured into various startups. Popular players in this field include Zopa, Lending Club and Prosper. Funding Circle and OnDeck also issue small business loans through their marketplaces. Lending Club is the largest of them all. Founded in 2006, Lending Club has issued more than $4 billion in personal loans since 2007. In August, the company filed for an IPO with a fundraising target of $692 million, valuing the company at around $4 billion. OnDeck Capital, also filed for an IPO in November. Last week, AvantCredit, an online personal loan lender based in Chicago, secured a $225 million Series D from a consortium of investors. Markets are beginning to embrace non-bank lending services and this will present a new and real threat to traditional banks’ business models.

Top 20 Transaction Deals for May 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,650,000,000 Mercury Payment Vantiv Transactions Acquisition
2 $523,500,000 Jobstreet Seek Transactions Acquisition
3 $450,000,000 Airbnb Consortium Transactions Investment
4 $260,000,000 Ticket Monster Groupon Transactions Acquisition
5 $250,000,000 Lyft Consortium Transactions Investment
6 $200,000,000 LegalZoom Permira Transactions Acquisition
7 $200,000,000 LY.com Ctrip Transactions Investment
8 $195,000,000 China South City Holdings Tencent Transactions Investment
9 $125,136,000 Klarna Consortium Transactions Acquisition
10 $120,000,000 Bright LinkedIn Transactions Acquisition
11 $112,000,000 Borro Victory Park Capital Transactions Investment
12 $90,000,000 Quikr Kinnevik Transactions Investment
13 $88,000,000 Delivery Hero Insight Venture Partners Transactions Investment
14 $85,000,000 Delivery Hero Consortium Transactions Investment
15 $82,000,000 17u.cn Consortium Transactions Investment
16 $80,000,000 Stripe Consortium Transactions Investment
17 $80,000,000 Oscar Consortium Transactions Investment
18 $77,000,000 OnDeck Consortium Transactions Investment
19 $75,000,000 AvantCredit Undisclosed Transactions Investment
20 $75,000,000 SoFi (Social Finance) Undisclosed Transactions Investment

More information

  1. Vantiv Buys Mercury Payment From Silver Lake for $1.65 Billion (Bloomberg)
  2. Australia’s Seek to Buy Jobstreet in $524 Million Deal (Wall Street Journal)
  3. Airbnb raises $450m mega round – Investment Round Up (Redherring)
  4. Groupon’s $260M Acquisition Of Ticket Monster From LivingSocial Has Closed (TechCrunch)
  5. Ride-Sharing Firm Lyft Raises $250 Million, Eyes NYC Expansion (TIME)
  6. The $425M LegalZoom deal is a win for VCs, but less exciting for the company or LA (PandoDaily)
  7. China’s Ctrip invests over $200 million in an online ticketing site (Tech In Asia)
  8. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)
  9. Klarna Raised €90M to Acquire SOFORT (FinSMEs)
  10. LinkedIn makes its biggest acquisition by paying $120m for job matching service Bright (The Next Web)
  11. Borro Closes $112M Financing with Victory Park Capital (FinSMEs)
  12. India’s Largest Online Classifieds Site Quikr, Raises $90M Led By Sweden’s Kinnevik (TechCrunch)
  13. Delivery Hero Raises $88M in Series E Financing (FinSMEs)
  14. Delivery Hero Raises $85M in Series F Financing (FinSMEs)
  15. Tencent Joins A $82mn Round of Funding in Online Travel Service 17u (TechNode)
  16. Eyeing International Growth, Stripe Raises $80M From Peter Thiel, Khosla And Sequoia At A $1.75B Valuation (TechCrunch)
  17. Disruptive Healthcare Start-up Oscar Raises $80 Million, Valuation Nears $1 Billion (Forbes.com)
  18. OnDeck Raises $77M in Growth Financing (FinSMEs)
  19. AvantCredit raises $75 million, prepares to hire 100 (Built In Chicago)
  20. SoFi Raising New Cash To Help Ease Students’ $1 Trillion Debt Burden (TechCrunch)

Top 20 Transactions Deals for April 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $523,500,000 Jobstreet Seek Transactions Acquisition
2 $450,000,000 Airbnb Consortium Transactions Investment
3 $260,000,000 Ticket Monster Groupon Transactions Acquisition
4 $250,000,000 Lyft Consortium Transactions Investment
5 $200,000,000 LegalZoom Permira Transactions Acquisition
6 $200,000,000 LY.com Ctrip Transactions Investment
7 $195,000,000 China South City Holdings Tencent Transactions Investment
8 $125,136,000 Klarna Consortium Transactions Acquisition
9 $120,000,000 Bright LinkedIn Transactions Acquisition
10 $112,000,000 Borro Victory Park Capital Transactions Investment
11 $90,000,000 Quikr Kinnevik Transactions Investment
12 $88,000,000 Delivery Hero Insight Venture Partners Transactions Investment
13 $85,000,000 Delivery Hero Consortium Transactions Investment
14 $82,000,000 17u.cn Consortium Transactions Investment
15 $80,000,000 Stripe Consortium Transactions Investment
16 $77,000,000 OnDeck Consortium Transactions Investment
17 $75,000,000 AvantCredit Undisclosed Transactions Investment
18 $75,000,000 SoFi (Social Finance) Undisclosed Transactions Investment
19 $70,000,000 Liepin.com Warburg Pincus, Matrix Partners Transactions Investment
20 $60,000,000 2Checkout Chicago Growth Partners, Trident Capital Transactions Investment

More information

  1. Australia’s Seek to Buy Jobstreet in $524 Million Deal (Wall Street Journal)
  2. Airbnb raises $450m mega round – Investment Round Up (Redherring)
  3. Groupon’s $260M Acquisition Of Ticket Monster From LivingSocial Has Closed (TechCrunch)
  4. Ride-Sharing Firm Lyft Raises $250 Million, Eyes NYC Expansion (TIME)
  5. The $425M LegalZoom deal is a win for VCs, but less exciting for the company or LA (PandoDaily)
  6. China’s Ctrip invests over $200 million in an online ticketing site (Tech In Asia)
  7. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)
  8. Klarna Raised €90M to Acquire SOFORT (FinSMEs)
  9. LinkedIn makes its biggest acquisition by paying $120m for job matching service Bright (The Next Web)
  10. Borro Closes $112M Financing with Victory Park Capital (FinSMEs)
  11. India’s Largest Online Classifieds Site Quikr, Raises $90M Led By Sweden’s Kinnevik (TechCrunch)
  12. Delivery Hero Raises $88M in Series E Financing (FinSMEs)
  13. Delivery Hero Raises $85M in Series F Financing (FinSMEs)
  14. Tencent Joins A $82mn Round of Funding in Online Travel Service 17u (TechNode)
  15. Eyeing International Growth, Stripe Raises $80M From Peter Thiel, Khosla And Sequoia At A $1.75B Valuation (TechCrunch)
  16. OnDeck Raises $77M in Growth Financing (FinSMEs)
  17. AvantCredit raises $75 million, prepares to hire 100 (Built In Chicago)
  18. SoFi Raising New Cash To Help Ease Students’ $1 Trillion Debt Burden (TechCrunch)
  19. Recruiting Service Liepin Secures $70 Million of Series C Funding (TechNode)
  20. 2Checkout Rings Up $60M in Funding, Works on Global Expansion (Fashinvest)