Prosper was founded in 2005 as the first peer-to-peer lending marketplace in the United States. Since then, Prosper has facilitated more than $23 billion in loans to more than 1,400,000 people.
Through Prosper, people can invest in each other in a way that is financially and socially rewarding. Borrowers apply online for a fixed-rate, fixed-term loan between $2,000 and $50,000. Individuals and institutions can invest in the loans and earn attractive returns.
Prosper handles all loan servicing on behalf of the matched borrowers and investors.
Prosper Marketplace is backed by leading investors including Francisco Partners, Institutional Venture Partners, Third Point, and Jefferies.
As Chief Executive Officer of Prosper Marketplace, David oversees the company’s vision, overall operations, and performance. David joined the company in March 2016 as Chief Financial Officer, and was named CEO in December 2016. David brings more than 20 years of financial management experience to this role.
Prior to joining Prosper Marketplace, David served as Senior Financial Officer of USAA’s Chief Operating Office, where he oversaw USAA’s real estate unit, bank, P&C and life insurance companies, investment management company, and the call centers/distribution functions. During his time at USAA, he also served as USAA’s corporate treasurer and as its bank CFO.
Prior to USAA, David spent ten years at Ford Motor Company and Ford Motor Credit Company in both the US and UK, working on their securitization programs, debt issuance, and a variety of FP&A positions. David has an M.B.A and B.A. from Brigham Young University.
David can juggle, walk on stilts, ride a pogo stick and a unicycle, but he has never been a busker or worked in a circus.
Loans through Prosper
Peer-to-peer marketplace lending platform
Loans in the past week
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
All personal loans made by WebBank.