Former Wells Fargo Chairman and CEO Dick Kovacevich backs peer-to-peer lender Daric
Former Wells Fargo CEO Dick Kovacevich backs peer-to-peer lender Daric
Excerpt:
Redwood City-based Daric, a peer-to-peer lending platform competing with Prosper and Lending Club, has raised money from some of the Bay Area's top players in financial services. The company's registration statement with the Securities and Exchange Commission lists as investors former Wells Fargo (NYSE: WFC) Chairman and CEO Dick Kovacevich and Jennifer Johnson, chief operating officer at San Mateo mutual fund giant Franklin Resources (NYSE: BEN).Comment: Daric (screen shot of home page above) is not yet open for business. I could be interested.
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