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New York online lending data start-up draws more early funding

Data provider whose seed investors include ex-Wall Street bank chiefs John Mack and Vikram Pandit wins backing from alternative and VC firms

New York online lending data start-up draws more early funding

PeerIQ, the online lending marketplace data provider that was seeded with money from big Wall Street names including John Mack and Vikram Pandit earlier this year, has raised even more seed money.

The New York-based start-up has yet to even do a Series A fundraising, so getting more cash already is a sign that investors are still really, really excited about the world of alternatives to bank lending-even as shares of the first to list, LendingClub Corp and On Deck Capital, have tumbled since debuting.

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