We’ve just wrapped up 2014 and what a year it has been for everyone in our industry. First and foremost we want to say thank you to our customers, partners and investors. We could not have done it without you.
One of the big highlights of 2014 was our $2 Billion Strong Photo and Video Contests. We heard amazing stories from every corner of the country that reminded us of why we do what we do everyday. If you haven’t had a chance to check out the gallery, the videos and photos are still available on our Facebook page. In addition to the winners, here are a few more of my favorite videos:
We Bought a Bus!: https://www.youtube.com/watch?v=zpd8bLdbF5Y#t=97
Cruiser’s Special Journey: https://www.youtube.com/watch?v=uxFEyzjZHFQ#t=102
In December, we reached $205 million in loan originations through the Prosper platform – our largest month ever and a great finale to the year. In total in 2014, there was $1.6 billion in loan originations on the Prosper platform and more than 123,000 people have turned to the platform for loans for everything from home improvement to debt consolidation to medical procedures as highlighted in the videos and photos above. We’re thrilled by the opportunity and humbled by the momentum and potential of our company and our industry. You may wonder why we are seeing such uptick and growth. There are a number of reasons:
We’re building a strong community, with quality borrowers, confident investors and a growing numbers of partners. And we’re expanding our company and investing in people to meet the demand for services. Prosper Marketplace is up to 240 employees, with a thriving new office in Phoenix and new headquarters in San Francisco. And we’re going to keep growing — Prosper Marketplace is looking to add significantly more people to its team in the coming year.
But one thing that remains constant is our focus on the community we’ve built through our marketplace. So you’ll see new services and features coming in 2015 that are designed to enhance the borrowing and lending experiences even more – area like mobile access, and even faster verification and validation.
It’s been a fantastic journey so far, and we’re grateful to our customers, partners and investors that have joined us. We feel this is only the beginning, so stay tuned for more in 2015.
 Average FICO score for first-time borrowers who obtained loans in 2014
 Average investor return of about 7% is based on estimated return of loans originated in 2014
 Average time Prosper borrowers obtain loan based on loan originations in 2014