Prosper

52 results about this entity

Period: 01 Nov 2006 - 17 Jun 2024

Prosper slashes workforce as online lenders feel the heat

Jobs, earnings and funding news out of three of America's biggest alternative lending platforms - Prosper, OnDeck and SoFi - is raising concerns about the market and investors' willingness to fund loans.

Funding Circle, Lending Club and Prosper form trade association

Leading online credit marketplaces Funding Circle, Lending Club (NYSE:LC) and Prosper Marketplace today announced the launch of the Marketplace Lending Association (MLA), a U.S. non-profit membership organization created to promote responsible business practices and sound public policy to benefit borrowers and investors.

Prosper Marketplace and HomeAdvisor partner on home improvement financing

Prosper Marketplace, which operates a leading online marketplace that connects borrowers and investors, and HomeAdvisor, a leading nationwide home services digital marketplace, announced today the launch of an exclusive partnership.

Prosper rebrands BillGuard app

Prosper Marketplace, which operates a leading online marketplace that connects borrowers and investors, today announced its first mobile app, Prosper Daily.

Prosper appoints USAA's David Kimball CFO

Prosper Marketplace today announced it has appointed David Kimball Chief Financial Officer. David is currently Senior Financial Officer of USAA’s Chief Operating Office.

Prosper Marketplace appoints former Capital One staffer Kunal Kaul as EVP of operations

Prosper Marketplace today announced it has appointed Kunal Kaul Executive Vice President of Operations.

Prosper Marketplace to acquire BillGuard

Prosper Marketplace, which operates a leading online marketplace that connects borrowers and investors, today announced that it has signed a definitive agreement to acquire BillGuard, a personal finance analytics company that develops popular consumer apps to manage, protect and do more with money and credit.

Prosper names LinkedIn's Parker Barrile chief product officer

Prosper Marketplace, which operates a leading online marketplace for consumer credit, today announced the appointment of Parker Barrile as Chief Product Officer.

Prosper Marketplace and On Deck Capital team up on loan provision

Prosper Marketplace, which operates the largest privately held online marketplace for credit, and On Deck Capital, Inc. (ONDK), a leading platform for small business loans, today jointly announced a strategic partnership aimed at helping both people and businesses find the loan that best meets their needs.

Prosper wins big bank backing for P2P lending

US peer-to-peer lender Prosper has scored a £165 million financing round led by Credit Suisse and supported by a clutch of top banks.

Wells Fargo bans staff from using P2P lending platforms

Wells Fargo employees have been told by the bank that they are not allowed to lend their own money through peer-to-peer platforms, according to the Financial Times.

Prosper raises $20m; names Wells Fargo's Vermut CEO

US peer-to-peer loan marketplace Prosper has raised $20 million in a funding round led by Sequoia Capital and appointed Stephan Vermut, founder of Merlin Securities, as CEO.