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WeFinance is a technology-enabled platform headquartered in San Francisco, that connects lenders with borrowers. The platform allows borrowers to pick their own interest rate, length, and other terms. ^[1] Typical loans are non-restrictive and can be used for educational expenses, tuition refinancing, coding bootcamps, or moving.

The platform is compared to Kiva or Kickstarter ^[1] since it focuses on stories and relationships over credit scores. ^[2]

In 2016, WeFinance partnered with Reactor Core, the parent company of Hack Reactor and MakerSquare, to create a platform where graduates can lend to incoming students. ^[3]

WeFinance has raised capital from 500 Startups, ^{[4] [5]} Stanford's StartX, ^[6] and Graph Ventures. ^[7]

References

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