Big News for Prosper: Marketplace Lender Signs Agreement for $5 Billion in Loan Purchases from Consortium of Investors
Prosper Marketplace, one of the leading online lenders in the US, has signed an agreement with a group of institutional investors to purchase up to $5 billion in loans over the next 24 months. The agreement alleviates a challenging situation that has been endured by… Read More
Read more in: Featured Headlines, Investment Platforms and Marketplaces | Tagged credit suisse, david kimball, deutsche bank, dvo1, financial technology partners, goldman sachs, jefferies, marketplace, morgan stanley, new residential investment, online lending, p2p, peer to peer, prosper, soros fund management, third point