Company:WeFinance
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| Type of business | Private company |
|---|---|
| Available in | English |
| Headquarters | San Francisco , United States |
| Founder(s) | Eric Mayefsky Willy Chu |
| Website | www |
| Commercial | Yes |
| Current status | Active |
WeFinance is a technology-enabled platform connecting lender with borrowers, headquartered in San Francisco. The platform allows borrowers to pick their own interest rate, length, and other terms.[1] Typical loans are non-restrictive and can be used towards educational expenses, tuition refinancing, coding bootcamps, or moving.
The platform is compared to Kiva or Kickstarter [1] since it focuses on stories and relationships over credit scores.[2]
In 2016, WeFinance partnered with Reactor Core, the parent company of Hack Reactor and MakerSquare, to create a platform where graduates can lend to incoming students.[3]
WeFinance has raised capital from 500 Startups,[4] Stanford's StartX,[5] and Graph Ventures.[6]
References
- ↑ 1.0 1.1 "WeFinance Offers A Crowdfunded Alternative To Student Loans And More". http://social.techcrunch.com/2015/04/07/wefinance-offers-a-crowdfunded-alternative-to-student-loans-and-more/.
- ↑ "How You Can Plan to Pay for College - EdSurge News". April 24, 2015. https://www.edsurge.com/news/2015-04-24-how-you-can-plan-to-pay-for-college.
- ↑ "Coding Bootcamp & Software Engineering Course". https://www.hackreactor.com/.
- ↑ "WeFinance". https://500.co/startup/wefinance-2/.
- ↑ "StartX". http://startx.stanford.edu/.
- ↑ "Official website". https://angel.co/graph.
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