It was only a couple of months ago that we wrote about Prosper’s 2017 results. The major highlights were growing...
Back in 2010 in my first month at Lend Academy one of the first people I reached out to was...
Today, Prosper reported their full year results for 2017. Prosper is still a private company, but is regulated by the...
[Disclaimer: I am not an accountant nor am I qualified to provide tax advice. You should seek professional advice before...
Overstock has been building out their FinanceHub for the past few months to include Overstock credit cards and insurance products, loans by LendingTree, Prosper and SoFi, a robo-adviser for automated investing and a discounted trading platform; Raj Karkara, Overstock VP of loyalty and financial services, tells TearSheet, “Consumers don’t want to sit and sign 50 documents, they just want to go online and get through the steps they need to take to move forward.”; the moves made are part of a broader strategy for the retailer to become a full service fintech firm that caters to their clients needs. Source.
Peter Renton, Founder of Lend Academy and Co-Founder of LendIt reflects on first interacting with Chris Larsen back in 2010; the co-founder and former CEO of Prosper is now trying to solve a massive multi trillion dollar challenge: enabling instant global payments. Source
Prosper originated $2.9 billion in 2017 and now has surpassed $11 billion in total loans. Source
Lend Academy shares information related to filing taxes with LendingClub and Prosper for the 2017 tax year. Source
Time for my regular quarterly returns post, one of the most popular features here on Lend Academy. I have been...
Chris Larsen, Ripple’s co-founder and executive chairman is benefiting from Ripple’s (XRP) recent rise; CNBC reports that his net worth climbed to $59.9 billion yesterday, at least on paper; this puts him high on the Forbes 400 list, just head of Larry Ellison; Larsen owns 5.19 billion of the digital currency and has a 17% stake in the company; he was previously a founder of Prosper. Source