Prosper Marketplace, which claims to be the “first” peer-to-peer lending platform in the United States, announced the closing of a new $75 million financing “from a fund managed by Neuberger Berman.” This capital enables Prosper “to meet strong consumer demand for its personal loan, credit… Read More
Prosper Marketplace announced access to a new fixed-rate Home Equity Loan (HELoan) product for its customers in select US markets, “following the lending platform’s strong performance in personal loan origination last quarter.” This new product “complements Prosper’s suite of home equity products and resources and… Read More
Alto Solutions, Inc., the self-directed IRA platform making it easy and affordable for individuals to invest in alternative assets via tax-advantaged retirement funds, has announced the company’s partnership with Prosper Marketplace, Inc., an online marketplace for consumer loans. Users of the Alto IRA platform may… Read More
On Monday, online lender Prosper Marketplace announced its board of directors has named former CFO David Kimball as the new CEO after Aaron Vermut stepped down from the position. Vermut notably served as the CEO of Prosper since March 2014, and the platform reported that he would… Read More
At the Continuum SF Innovation and Credit Conference in San Francisco I recently attended, those present listened to a solid lineup of speakers discuss business development and more in SF and across the Pacific in China. Speakers included SF Mayor Ed Lee; Rob Suber,… Read More
Prosper Marketplace, an online marketplace that connects borrowers and investors, today announced that Radius Bank, a full-service bank serving consumers nationwide through an industry-leading virtual banking platform, will now offer a new personal loan option through the Prosper platform. The partnership integrates the Prosper marketplace… Read More
Patient financing company, American Healthcare Lending (AHCL), announced this week that it has officially changed its name to Prosper Healthcare Lending (PHL). This change comes after AHCL was acquired in January by Prosper Marketplace, which operates the largest privately held online marketplace for credit. PHL will continue… Read More
Lend Academy, a resource for the P2P lending industry, and NowSteet Media, producer of financial events that highlight Wall Street transformations, are pleased to announce LendIt, the first global conference for the burgeoning P2P and online lending industry. Lend Academy, the preeminent resource for the… Read More
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