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June 16, 2016 03:17 am GMT

Despite troubled online lending market, Payoff raises a big new round

Screen Shot 2016-06-15 at 7.59.37 PMPayoff, a 7.5-year-old Costa Mesa, Ca., startup that makes loans for people looking to pay off credit card debt, has just raised a bunch of money and it’s looking to raise even more. According to a new SEC filing, the company has raised $46.7 million as part of a round expected toclose at $67.4 million. The company had previously raised $38.4 million from investors, including… Read More

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