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PROSPER REPORTS FULL YEAR 2018 FINANCIAL RESULTS

Launched in 2017, the Prosper Marketplace Issuance Trust securitization program has closed six successful securitizations to date totaling $2.8 billion. Last year, Prosper closed its first warehouse facility with $200 million in commitments.

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Prosper 1M loans

1 Million Loans and Counting…

This week, Prosper crossed an important milestone on our journey to helping people achieve financial well-being: Over 1 million loans have been originated through the Prosper platform, totaling about $13 billion.

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Prosper Introduces Loans Up To $40,000 For Borrowers

Today we’re pleased to announce that Prosper now offers qualified borrowers access to loans up to $40,000. At Prosper, our mission is to help people advance their financial wellbeing. Personal loans offer people a smart alternative to high-rate credit cards for things like debt consolidation and costly home improvement projects. Now, with this new higher loan amount, we are excited to give people even more purchasing power with Prosper’s fixed-rate, fixed term loan product.

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