Bold-Faced Wall Street Names Back Loan Data Startup PeerIQ
ByArthur Levitt, former chairman of the SEC, is investing in PeerIQ.Reuters
Who are your peers in peer-to-peer lending? John Mack, Vikram Pandit, and Arthur Levitt, to name a few.
PeerIQ, a startup firm that is aims to be the go-to data provider for the growing peer-to-peer lending industry, has raised $6 million in funding from investors—including veteran Wall Street executives, venture capital firm Uprising, and boutique advisor Broadhaven—according to its chief executive.
The backers include Mr. Mack, the former Morgan Stanley CEO; Mr. Pandit, formerCitigroup Inc. CEO; Mr. Levitt, the former SEC chairman; Dan Doctoroff, former CEO of Bloomberg LP and deputy mayor of New York City; and Eric Schwartz, the former co-CEO of Goldman Sachs Group Inc.’s asset management unit…