Prosper

52 results about this entity

Period: 01 Nov 2006 - 17 Jun 2024

Prosper raises $17m

American peer-to-peer loan marketplace Prosper has raised $17.2 million in funding.

P2P lender Prosper in firefighting mode following botched platform switch

US peer-to-peer lender Prosper is still struggling to reconcile user accounts three weeks after botching a major upgrade to a new loan servicing platform.

Prosper closes in on series d funding

US P2P lending site Prosper says it has inked a letter of intent with existing investors for a series d funding round of up to $15.8 million.

Prosper calls on Americans to share debt stories

US P2P lending site Prosper has launched an online 'talk about the taboo' campaign where users can share their stories about money, debt and how to tackle it.

Prosper hires head of Citibank Sweden

US peer-to-peer lending outfit Prosper has named the former head of Citibank Sweden, Nick Talwar, as chief revenue officer.

Prosper raises $1 million in debt financing

US P2P lending outfit Prosper has sold a convertible promissory note worth $1 million at 15% per annum interest to the venture capital firm run by Capital One co-founder Nigel Morris.

Prosper moves into consumer financing with Zero Motorcycles

P2P lending outfit Prosper is looking to cash in on green consumer interests by partnering with electric motorcycle manufacturer Zero to offer a hire purchase financing option.

Financial start-ups form lobby group

A group of US financial services start-ups that use technology-based models to target customers disillusioned with traditional banks, has formed a lobby group calling for regulatory reform that promotes innovation.

Prosper resumes lending, again

US person-to-person loan exchange Prosper says regulators have finally given it the green light to resume lending following nine months out of action.

Prosper shuts down again

US person-to-person loan exchange Prosper has shut down operations again, just a couple of weeks after coming out of an enforced six month spell on the sidelines.

Prosper resumes lending; opens market to financial institutions

After an enforced six month spell on the sidelines, US person-to-person loan exchange Prosper is set to resume lending with an expanded model that will let financial institution re-sell loans to platform members.

Student P2P lending site Fynanz stops taking new loans

Fynanz, a US person-to-person social lending Web site aimed at college students, is to stop accepting new loans due to tough "market conditions" and will now focus on offering its platform to financial institutions.