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Prosper
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Prosper

News Roundup
·Oct. 10, 2011

Prosper Adjusts Interest Rates on Repeat Borrowers

Regular readers of this blog will know how much I like the repeat borrower segment of p2p lending. Only officially...
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News
·Apr. 30, 2012

Prosper and Lending Club Issue $53.7 Million in New Loans in April

The numbers keep rolling on. After posting just over $50 million in total new loans between them in March, Lending Club...
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Peer to Peer Lending
·Nov. 14, 2018

Prosper Announces HELOCs, Releases Q3 2018 Earnings

Back in 2005, Prosper was the first peer to peer lender to launch in this country, offering online unsecured consumer...
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Peer to Peer Lending
·Feb. 26, 2015

Prosper Announces Partnership With a Consortium of More Than 160 Community Banks

Hot on the heels of Lending Club’s partnership with community banks, Prosper today announced a partnership program with Western Independent...
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Peer to Peer Lending
·Oct. 16, 2012

Prosper CEO Dawn Lepore on CNBC Yesterday

I always like it when p2p lending gets on national TV and it has been a while since we had...
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News Roundup
·Mar. 21, 2011

Prosper Aggressively Courting P2P Investors This Month

It seems like I am getting an email once a week from Prosper these days touting some kind of special...
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Peer to Peer Lending
·Apr. 9, 2015

Prosper Announces $165 Million Series D at a $1.9 Billion Valuation

On the eve of LendIt last year Prosper announced their largest funding round ever – a $70 million round that...
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News RoundupOnline LendingUSA
·Mar. 2, 2017

Prosper Announces Interest Rate Changes

Prosper has announced it will be increasing rates on its high-quality loans and lowering the rate on its HR rated loans; as of March 2 rates will increase on loans rated AA, A and B with an increase of 60 bps, 50 bps and 20 bps respectively; interest rates on HR rated loans will decrease by 10 bps.  Source

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News
·May. 16, 2012

Prosper Announces the Creation of Bankruptcy Remote Entity

In their latest quarterly report (Form 10-Q) just filed with the SEC Prosper shared a fascinating tidbit of information. They...
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Peer to Peer Lending
·Sep. 24, 2013

Prosper Closes on a $25 Million Funding Round from Sequoia and BlackRock

The current management team at Prosper continues to provide us with pleasant surprises. Today, they announced they have closed an...
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