Prosper Marketplace, a leading marketplace lending platform, has reported improved numbers for the second quarter. Prosper has shared that it generated positive operating cash flow for the quarter and originations rocketed up 74% year over year. Prosper said they experienced strong demand for its personal… Read More
As expected, Prosper, the SF-based marketplace lending platform for consumer loans, announced the closing of the first securitization from the Prosper Marketplace Issuance Trust, Series 2017-1, “PMIT 2017-1.” “We are very pleased with the execution of this transaction, which was not only upsized based on… Read More
Formerly with USAA and CIT Group, Ashraf Will Manage Capital Markets and Finance Functions at Prosper Marketplace Prosper Marketplace has appointed Usama Ashraf as its new Chief Financial Officer. Ashraf will be overseeing the online lenders capital markets function, as well as all of the… Read More
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