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StreetShares

Peer to Peer Lending
·Jul. 30, 2014

New P2P Startup Funding Veteran Owned Small Businesses

According to the US Small Business Administration veterans made up 9.1% of all small business owners in 2012. This represents...
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Peer to Peer Lending
·Mar. 15, 2016

StreetShares Announces SEC Approval for Regulation A+ Deal

StreetShares, who recently closed a Series A round today announced that they have received SEC approval to offer a product...
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Peer to Peer Lending
·Dec. 19, 2016

An Overview of Small Business Loan Funding

As non bank lenders continue to gain market share across different loan segments, we wanted to give a complete overview...
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News RoundupOnline LendingUSA
·Aug. 9, 2017

StreetShares Raises $10.3mn

StreetShares has announced a $10.3 million fundraising; the US marketplace lender specializes in funding business loans to companies managed by veterans; the platform has a range of product offerings with loans issued for $2,000 to $100,000. Source

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FintechNews RoundupUSA
·Jan. 24, 2018

StreetShares Closes $23 Million Round

Today StreetShares announced a $23 million Series B round; it was led by a $20 million investment from Rotunda Capital Partners, LLC; $3 million came from existing investors; StreetShares offers small business loans and primarily focuses on veteran-owned businesses. Source

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Peer to Peer Lending
·Mar. 12, 2015

StreetShares Secures $200M For Veteran-owned Small Businesses

StreetShares, a peer to peer lending marketplace focused on small business loans announced yesterday huge commitments from several investment companies...
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News RoundupOnline LendingUSA
·Nov. 10, 2016

StreetShares and JPMorgan Partner to Help Military Veteran Business Owners

StreetShares is a marketplace lender focused on lending and investing for veterans; company has announced partnership with JPMorgan to launch the StreetShares Foundation which will promote veteran-owned businesses through a $10,000 monthly contribution from JPMorgan for veteran small business awards; StreetShares will manage the monthly veteran small business awards with the $10,000 divided between first, second and third place businesses each month; awards will be given based on public voting.  Source

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News RoundupOnline LendingUSA
·Mar. 7, 2017

StreetShares Partners with Nor-Cal FDC for Contract Financing

StreetShares provides loans for veteran-owned small businesses; following the California bizWin™ and VetBizWin™ initiatives, StreetShares has partnered with the Northern California Financial Development Corporation (Nor-Cal FDC) which will expand its business lending solutions with contract financing; Nor-Cal FDC is a licensed Financial Development Corporation and supports small business capital solutions for more than 3.6 million small businesses throughout California including a focus on companies in the San Francisco Bay Area and Silicon Valley.  Source

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News RoundupOnline LendingUSA
·Aug. 11, 2017

Capital One Executive Joins StreetShares

StreetShares is an online small business lender that focuses on veteran-owned small businesses; company has hired a new chief product officer, Heather Tuason; Tuason previously was the senior vice president of small business at Capital One; Tuason stated: "I am proud to be part of an organization so focused on serving its members and in awe at the military drive and passion demonstrated by the StreetShares team each and every day. Veterans have sacrificed so much, and I'm honored to help them build businesses that drive our economy. It's time for veterans and the military community to have fully mobile, fully digital, next-generation financial products." Source

 

 

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FintechNews RoundupUSA
·Jan. 29, 2018

Securitization Issuance, New SoFi CEO and Regulatory News

This week’s PeerIQ Industry Update covers 4th quarter GDP news, another round of bank earnings, the new SoFi CEO, fintech fundraising’s and the latest securitization trends; the new SoFi CEO was accepted positively across the market as the company looks to expand products in coming quarters; SoFi and Lending Club are looking at a busy quarter on securitization issuance and PeerIQ reviews their most recent deals; Streetshares secured a $23mn series B round led by Rotunda Capital; PeerIQ also took a deep dive into the key points of the recent letter CFPB Director Mulvaney circulated to staff about his vision for the bureau. Source.

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