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CommunityLend Receives $1 Million Investment by Stone Co

11 hours ago ago from Finance News Blog

Community Lend Holdings Inc, the parent company of the Canadian peer-to-peer lending service CommunityLend Inc, announced a $1 million (Canadian) investment via means of a convertible debenture from Stone & Co Limited Flagship Stock Fund (“Stone”). As part of the investment, Stone Founder and CEO Richard Stone will join CommunityLend’s board of directors in an observational role. Community Lend’s CEO, Michael Garrity, had this to ...

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