Tagged: aaron vermut

September 21, 2014 @ 8:01 pm By JD Alois  |  

Apparently traditional banks are moving into higher rate and thus higher risk personal loans.  This strategic shift is driven, at least in part, by growing competition from peer to peer (P2P) lending platforms. The banking industry, while incredibly important in the US, is one of… Read More

July 10, 2014 @ 5:49 pm By JD Alois  |  

Peer to peer lender Prosper continues to experience dramatic growth in the booming industry of peer to peer lending as they “transform the world of finance and banking”.  During the month of June, Prosper jumped to $145 million loans – up from $124 million in… Read More

June 21, 2014 @ 5:36 pm By JD Alois  |  

San Francisco based Prosper, a leading peer-to-peer (P2P) marketplace for consumer credit, shared recently that Capital One Co-Founder Nigel W. Morris has joined the board of directors of its parent company, Prosper Marketplace.  Simultaneously Prosper disclosed the month of May was their best ever with… Read More

May 6, 2014 @ 8:35 am By JD Alois  |  

Peer to Peer (P2P) lending platform continues to rack up big numbers as they shove banks aside and stake their claim in the P2P crowdfunding world.  One month after hurdling past the $1 billion mark in total loans in a note from Prosper CEO Aaron Vermut,… Read More

April 22, 2014 @ 7:46 am By JD Alois  |  

P2P lender, Prosper Marketplace, has  announced it has named former eBay Australia CFO Macy Lee as Chief Financial Officer. As CFO, Lee will work closely with CEO Aaron Vermut, Executive Chairman Stephan Vermut, and President Ron Suber to manage the company’s rapid growth and expansion… Read More

March 12, 2014 @ 5:49 pm By JD Alois  |  

Peer-to-Peer (P2P) lending platform Prosper has recently made some changes in the executive offices. The San Francisco based P2P crowdfunding company has announced that Aaron Vermut will become the company’s new CEO replacing his father, Stephen Vermut, who will become the Executive Chairman focusing more… Read More