Prosper Surpasses $2B in Personal Loans

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Prosper Celebrates with Photo and Video Contests for its Community SAN FRANCISCO – October 27, 2014 – Prosper Marketplace (www.prosper.com), a leading online marketplace for consumer credit, today announced more than $2 billion in personal loans have been originated through its platform, just six months after reaching the $1 billion milestone in April 2014. Year […]

Prosper Names Cheryl Law Chief Marketing Officer

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SAN FRANCISCO – October 6, 2014 – Prosper (www.prosper.com), a leading online marketplace for consumer credit, today announced it has named Cheryl Law as Chief Marketing Officer of its parent company, Prosper Marketplace. Formerly CMO at Hotwire, Cheryl brings to Prosper Marketplace more than 20 years of management and marketing experience across traditional and digital […]

Nigel W. Morris Joins Prosper’s Board of Directors

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SAN FRANCISCO – June 10, 2014 – Prosper, a leading online marketplace for consumer credit, today announced Capital One Co-Founder Nigel W. Morris has joined the board of directors of its parent company, Prosper Marketplace. The announcement follows the largest month ever for the Prosper platform, with $124 million in loans originated in May. “Online […]

Prosper Secures $70M Investment Led by Francisco Partners

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Additional Investors Include Institutional Venture Partners and Phenomen Ventures Following Record Month of $100 Million in Loan Originations through the Prosper platform, Capital will be used to Fuel Growth and Expansion SAN FRANCISCO, May 4, 2014– Prosper Marketplace, Inc., the fastest growing peer-to-peer lending company in the U.S., today announced it has raised $70 million […]

Prosper Names Macy Lee Chief Financial Officer

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Former CFO of eBay Australia Joins Leading Peer-to-Peer Lender Prosper Marketplace at a Time of Rapid Growth and Expansion SAN FRANCISCO – APRIL 21, 2014 – Prosper Marketplace, a leading peer-to-peer lending company, today announced it has named former eBay Australia CFO Macy Lee as Chief Financial Officer. As CFO, Lee will work closely with […]

Prosper Gives Back: A Social Timeline Recap

The Prosper Gives Back campaign has come to a close. After hitting our $1 billion dollar mark, we connected with the whole Prosper community, we spoke with you guys, and we celebrated our butts off! While giving out $2,000 a day was exhilarating and fun, the greatest reward to us was hearing from the individuals […]

PROSPER SURPASSES $1 BILLION IN PERSONAL LOANS

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Peer-to-Peer Lending Marketplace Grows Loan Originations by 413% in One Year SAN FRANCISCO – APRIL 3, 2014 – Prosper (www. Prosper.com), a leading peer-to-peer financing platform, today announced it has surpassed $1 billion in personal loans. Prosper has experienced tremendous growth over the past year, as more borrowers turn to the site for everything from […]

Prosper Names Aaron Vermut CEO

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Ron Suber Steps into Role as President; Stephan Vermut Named Executive Chairman Appointments follow a year of Record Growth with Loan Originations Up 133% Over Last Year SAN FRANCISCO – MARCH 10, 2014 – Prosper (www. Prosper.com), a leading peer-to-peer financing platform, today announced that Aaron Vermut has been named Chief Executive Officer, effective immediately. […]

Prosper Reports $50 Million in Loan Originations in October

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Leading Peer-to-Peer Lender Continues Momentum with 8th Consecutive Month of Record Growth and $690 Million in Loans to Date SAN FRANCISCO, October 31, 2013- Prosper, a leading peer-to-peer lending company, today announced its largest month ever, closing October with over $50 million in loan originations, a 50% increase over September and a 500% increase from […]