Posts Tagged ‘startup financing’

Chicago’s Start-Up Ecosystem

Monday, March 26th, 2012

Funding for Chicago based start-ups from venture capital firms and angel investors is up. The number of collaborative work spaces and social support programs for entrepreneurs are increasing. Chicago is becoming a great place for entrepreneurship.

Read the article at The Wall Street Journal.

Dwolla: An Innovative Online Payment System

Monday, November 14th, 2011

Business Insider has an interview with Ben Milne (left), founder of Dwolla, an innovative online payment system that sidesteps credit card fees and solves security and efficiency problems in the current online banking system. Dwolla, with about a dozen employees, is on track to handle $350 million in payments per month and is being adopted by banks and business across the country.

Read about the Iowa-based startup here.

Related: hard truths about what startup life is really like.

Peer-to-peer lending

Monday, August 4th, 2008

At Risky Business, Matt Bandyk discusses whether peer-to-peer lending is a good option to finance startups. Social networking type sites like prosper.com connect lenders and borrowers directly to each other without being mediated through financial institutions.