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News Roundup

This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.


Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.


Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.


To join our newsletter community please subscribe here.

News Roundup
·Jun. 22, 2011

Prosper Gets a $150 Million Investment Commitment

Last week Jim Bruene wrote on his NetBanker blog about Prosper’s big...
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News Roundup
·Nov. 11, 2011

Prosper Giving a Special Loan Deal for Veterans

In honor of Veterans Day Prosper is running a promotion right now...
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News Roundup
·Nov. 23, 2011

Prosper Has Holiday Gifts for Everyone This Thanksgiving

This holiday season Prosper has a little something for everyone. There are...
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News Roundup
·May. 23, 2012

Prosper Introduces New Premier Investor Service

A new kind of service is being launched by Prosper today. Prosper...
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News Roundup
·Apr. 27, 2011

Prosper is Giving Away $104 to New Investors Today

If you are thinking about investing in Prosper but haven’t done so...
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News Roundup
·Jun. 14, 2011

Prosper is Giving Away an iPad2 to New Investors

If you didn’t take advantage of Prosper’s $104 giveaway in April you...
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News Roundup
·Aug. 16, 2011

Prosper is Hosting a Free P2P Lending Webinar This Thursday

If you are a Prosper investor you have probably received an email...
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News Roundup
·Oct. 28, 2011

Prosper is Hosting a P2P Lending Summit

On Thursday of next week (November 3rd at 5pm Pacific) Prosper is...
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News RoundupOnline LendingUSA
·Apr. 4, 2017

Prosper Joins Global Debt Registry Network

Global Debt Registry (GDR) has been steadily growing its business now announcing that Prosper will join the firm's verification network; by partnering with GDR, Prosper can enhance the reporting for its institutional investors; according to John Goldston, director of capital markets at Prosper, "GDR's eValidation and eVerify asset certainty tools fit easily into our existing data structures and processes, allowing our investors to seamlessly access GDR's enhanced verification and loan-level diligence services."  Source

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News RoundupOnline LendingUSA
·Dec. 13, 2016

Prosper Launching 7th Generation Credit Model, Moves from Experian to TransUnion

In a letter to investors, Prosper has announced they are releasing their seventh generation credit model (PMI7) around December 20, 2016; Prosper also announced they are changing their credit bureau from Experian to TransUnion; according to Prosper, "Using TransUnion will allow us to leverage trended historical data on borrowers and make better underwriting decisions within the new credit model."; Prosper's rating system on loans from AA-HR will remain the same.

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