/// Student-Loan Online Start-Up Gets Financing

September 12, 2012  |  All Things Digital

Social Finance Inc., a one-year-old Internet start-up that offers inexpensive student loans through a mechanism known as “group-to-group” lending, has raised $77.2 million to expand its service to universities nationwide. The funding values the San Francisco company at more than $177 million, up from $8 million a year ago, a person familiar with the matter said. Investors include venture-capital firms Baseline Ventures and DCM and Chinese social-networking concern Renren Inc. Read the rest of this post on the original site »

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Student-Loan Online Start-Up Gets Financing

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