Company News

Prosper Performance Update – April 2020

May 22, 2020 by Ashish Gupta

The Performance Update for April 2020 is now available. In April, approximately 80% of originations were rated AA-B compared to 66% in the prior month, driven by credit tightening in response to changes in economic conditions related to COVID-19. Read the full report for more details.

Prosper Performance Update – March 2020

May 11, 2020 by Sarah Cain

The Prosper Performance Update for March 2020 is now available. In March, approximately 66% of originations were rated AA-B. The dollar-weighted average FICO score on the platform was 725, representing a 2-point increase month‑over-month.

Prosper Investor Update

April 20, 2020 by Ashish Gupta

The last several weeks have been unprecedented for our country and the world. At Prosper, we have been closely monitoring the rapidly changing environment and the impact that COVID-19 will have on overall unsecured credit performance.

Celebrating 1 Million People Empowered by Prosper

February 12, 2020 by Prosper Marketplace

Nearly 15 years ago, Prosper launched as the first peer-to-peer lending platform in the U.S. As of today, more than 1 million people have gotten a personal loan through Prosper!

2019 Tax Guide for Prosper Investors

January 31, 2020 by Sarah Cain

It’s tax season, and to help Prosper retail investors navigate the process, we’ve created the 2018 Prosper Tax Guide. This guide has general information about the 1099 tax form(s) you may receive from Prosper.

Prosper Performance Update – December 2019

January 27, 2020 by Ashish Gupta

Today we are sharing performance data from the Prosper Portfolio for December 2019. The Prosper Performance Updates are designed to help our investor community better understand performance trends and to provide important insights into the trends we are seeing and the information needed to invest through the Prosper platform.

Prosper LoansFollow

Prosper is a peer-to-peer lending company that connects borrowers and investors. Over $17B in loans through the Prosper platform. https://t.co/E6F2Fg2Fe3

Prosper Loans @ProsperLoans·

If you’ve been impacted by COVID-19, you can contact us at [email protected] or by phone at 1-800-843-1662. We’re doing everything we can to avoid disruptions to our support phone lines, but please be aware that you may experience longer call wait times than normal.

Reply on Twitter 1243251544373551108 Retweet on Twitter 12432515443735511081 Like on Twitter 12432515443735511083 Twitter 1243251544373551108

Retweet on Twitter Prosper Loans Retweeted

Peter Renton @LendAcademy·

Another great piece from @jentescher. In #fintech it is particularly important to remember that your product needs to result in good outcomes for consumers/businesses. As she says, "a good outcome is what builds trust": https://www.forbes.com/sites/jennifertescher/2020/02/24/the-power-of-purpose-fintechs-role-in-stakeholder-capitalism/#58fbcb8940d4 via @Forbes

Reply on Twitter 1232811970283204609 Retweet on Twitter 12328119702832046095 Like on Twitter 123281197028320460910 Twitter 1232811970283204609

Retweet on Twitter Prosper Loans Retweeted

Ron Suber @RonSuber·

I asked my wife to share the one thing that’s bothered her the most about me.

Tequila helped, but I still didn’t expect what happened next, and just how transformative it was.

https://www.linkedin.com/posts/ronsuber_after-28-years-of-marriage-in-a-dimly-lit-activity-6630502426506067968-Luiy

Reply on Twitter 1224796064231960578 Retweet on Twitter 12247960642319605782 Like on Twitter 12247960642319605786 Twitter 1224796064231960578

Retweet on Twitter Prosper Loans Retweeted

fiddler @fiddlerlabs·

#ExplainableAI panel led by @krishnagade at #GFMI -a discussion on a new way to manage #modelrisk in finance. Thanks to the panelists: David Paulsen, Dir. of risk data science @ProsperLoans ,Svitlana Vyetrenko, AI research lead @jpmorgan , & Andrew Feng, fin. analyst at FHFA

Reply on Twitter 1222980886699790337 Retweet on Twitter 12229808866997903375 Like on Twitter 12229808866997903376 Twitter 1222980886699790337

Prosper and WebBank take your privacy seriously. Please see Prosper's Privacy Policy and WebBank's Privacy Policy for more details. Prosper makes no representations as to the accuracy or completeness of any information provided on this Blog, which is intended for discussion purposes only. Opinions expressed in articles posted to this blog are the author’s own and may not reflect the opinions of Prosper. All personal loans made by WebBank, Member FDIC.

Prosper’s Notes are offered by Prospectus filed with the SEC. Notes are dependent for payment on unsecured loans made to individual borrowers. Notes are not guaranteed or FDIC insured, and investors may lose some or all of the principal invested. Prosper does not verify all information provided by borrowers in listings. Investors should review the Prospectus and carefully consider these and other risks and uncertainties before investing. None of the information provided on this Blog is intended to be investment advice.

Prosper Marketplace, Inc. NMLS#111473 (http://www.nmlsconsumeraccess.org)
All HELOCs are underwritten and issued by our banking partners. Refer to www.prosper.com/heloc for more information. Links to third party sites are provided for your convenience and do not constitute an endorsement.

Equal Housing Lender

© 2005-2017 Prosper Funding LLC. All rights reserved.