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Monday, May 20, 2024
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New York Firm Invests $30M in FirstAgain

FirstAgain LLC, a San Diego online consumer lender focused on lending to borrowers with excellent credit profiles, said Feb. 13 that it obtained a $30 million investment from Arsenal Capital Partners, a New York-based private equity firm.

FirstAgain said it is the nation’s first paperless lender, offering unsecured loans for any purposes, including home improvements, auto and education, with amounts ranging from $10,000 to $100,000.

The co-founders of FirstAgain are Gary Miller and Dave Zeller, who started PeopleFirst.com, an online auto lending firm that was acquired by Capital One Financial.

, Mike Allen

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