SIT to Add Power to CommunityLend’s Social Lending Platform
Toronto-based CommunityLend announced today that it has chosen to work with Strategic Information Technology Limited ("SIT") as a strategic service partner. CommunityLend will be using Portfolio Plus, a core SIT product, to deepen the functionality of its social lending platform. Read More
CommunityLend Enlists Unspace Interactive and Reaffirms Commitment to Open Source Computing
Toronto-based CommunityLend announced today its choice to work with open source application development pioneers, Unspace Interactive. Unspace are North American leaders in the development of online applications using the Ruby on Rails development framework and have built this strong reputation by specializing in the development of consumer-facing transactional online applications. While Unspace Interactive has been working with CommunityLend for a year now, today’s announcement marks the first time the two organizations have made this public. Read More
CommunityLend Announces Board of Advisers
Toronto-based CommunityLend announced today the creation of its Board of Advisers. The Board is comprised of industry leaders who will advise and guide the company on strategic decisions and business progress. Read More
CommunityLend Announces Board of Directors
Toronto-based CommunityLend is pleased to announce today its new Board of Directors. CommunityLend is committed to good governance and believes that the Board of Directors reflects this commitment. These Directors bring to CommunityLend significant experience in financial services, regulatory environments and effective business operations. Read More
CommunityLend Announces $2.5-Million Round of Funding
Toronto-based CommunityLend announced today that it has secured a $2.5-million Series-A round of venture capital. CommunityLend is a unique social lending service launching in Canada in mid-2008. CommunityLend will join the social-banking revolution currently underway around the World. Gartner has forecasted that by 2010, social-banking platforms will have captured 10% of the available worldwide market for retail lending and financial planning. Read More