Prosper Marketplace Launches #MyProsperStory Photo Contest

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SAN FRANCISCO, November 1, 2016 –Today, Prosper Marketplace kicks-off the #MyProsperStory 2016 Photo Contest. Now through November 15th, borrowers through Prosper are invited to show the world “what it looks like to be on top of your finances.” The grand prize winner will receive a full loan payoff, up to $35,000. First and second place winners […]

Prosper Launches Credit Card Optimizer™ for the Prosper Daily App

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SAN FRANCISCO, OCTOBER 7, 2016 — Prosper Marketplace announced today the release of Credit Card Optimizer™, a new feature of the award-winning Prosper Daily app that helps consumers make better money decisions daily by providing them with actionable insights. Credit Card Optimizer™ aims to solve common and costly credit card mishaps by arming people with timely information […]

Prosper Unveils New Investor Experience

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SAN FRANCISCO, June 22, 2016 – Today, Prosper Marketplace announced the release of its new and improved investor site. Built to meet the needs of any retail investor – novice or seasoned – the mobile-friendly experience arms people with more streamlined tools so they can invest more easily, track portfolio performance and reach fixed-income investing […]

Prosper Appoints Brad Pennington Chief Risk Officer

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SAN FRANCISCO, May 9, 2016 – Prosper Marketplace today announced it has appointed Brad Pennington Chief Risk Officer. Formerly Vice President of Risk and Operations at Prosper Marketplace, Brad has played an instrumental role since he joined the company in 2012 in the development of Prosper’s proprietary credit and underwriting platform. As CRO, Brad reports […]

Prosper and HomeAdvisor Team Up for Home Improvement Financing

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March 14, 2016 (SAN FRANCISCO and GOLDEN, Colo.) – Prosper Marketplace, which operates a leading online marketplace that connects borrowers and investors, and HomeAdvisor, a leading nationwide home services digital marketplace, announced today the launch of an exclusive partnership. Under this multi-year agreement, Prosper Marketplace will be HomeAdvisor’s exclusive partner for providing homeowners access to […]

Prosper Unveils Prosper Daily, Its First Mobile App

Today we are excited to announce our first mobile app, Prosper Daily. The free Prosper Daily app is designed to give consumers a powerful suite of tools to make smarter financial decisions, including viewing all their financial accounts in one place, budgeting and tracking spending by category, identifying questionable charges, and monitoring their free credit […]

David Kimball Appointed as CFO of Prosper

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SAN FRANCISCO, March 2, 2016 – Prosper Marketplace today announced it has appointed David Kimball Chief Financial Officer. David is currently Senior Financial Officer of USAA’s Chief Operating Office. David brings two decades of experience in financial services, including key roles at both USAA and Ford Motor Company. During his nine years at USAA, he […]

Prosper Announces Pricing Changes – 02/26/2016

Pricing Changes 02/26/2016 – On February 15th, Prosper implemented an adjustment to its prices and loss rates. This adjustment was done in order to increase returns for investors on our platform. The move demonstrates our commitment to operating a marketplace that fairly balances the economic incentives for both our borrower and investor communities. Since August […]