BBVA USA, the U.S. subsidiary of Madrid-based BBVA, today announced it is offering a digital Home Equity Line of Credit (HELOC) through its website, powered by Prosper, a leading online marketplace for consumer loans. Prosper’s digital HELOC platform, which was developed to simplify the process of applying for and obtaining a HELOC, is now available to BBVA USA customers in select states via the BBVA-branded version of the platform.
Company News
Quarterly Investor Update – Q3 2020
As we begin the fourth quarter of what has been an unprecedented and challenging year, we would like to provide our investor community an update on the performance of the Prosper portfolio, as well as our view of the overall macro environment.
Quarterly Investor Update – Q2 2020
Since the last investor update in April, the overall macro-economic environment has shown signs of improvement, while at the same time, a recent resurgence in COVID-19 cases and subsequent shutdowns by several states pose a risk to the ongoing recovery. At Prosper, we remain disciplined and cautious with respect to the current environment and we continue to take actions on both the current servicing book as well as new originations to help actively manage investor returns.
An Update from Prosper on Coping with COVID-19
One of the pandemic’s most maddening features is its lack of predictability. And, while the Prosper team can’t know the future, we can promise you this: We will continue to serve our borrowers by working with them to manage the challenges they’re sure to face in the coming weeks.
Celebrating 1 Million People Empowered by Prosper
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!
Prosper Performance Update – September 2019
Today we are sharing the performance data for the Prosper Portfolio for September 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.
