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 […]
Product Announcements
Prosper Announces New API Platform for Investors
We are excited to announce the launch of the new investor Application Program Interface (API) platform. Prosper’s new Investor API platform allows Prosper investors and third party agents to directly connect with Prosper’s system and access important investor functionalities, such as searching listings and placing orders. The new API platform provides a number of technological […]
Protect Finances this Holiday Season for Free with BillGuard
Back in September we announced that BillGuard would be acquired by Prosper Marketplace. If the courtship and honeymoon are telling of the magic this marriage is going to produce, we’re on to something really special here. In the past two months, almost all the BillGuard team has spent quality time in Prosper’s gorgeous San Francisco […]
Prosper Marketplace Announces First Mobile SDK for the Marketplace Lending Industry
Today Prosper Marketplace is excited to announce the release of our first mobile Software Developer’s Kit (SDK) for the Prosper platform. SDKs have improved the consumer experience across many industries. Now, as part of our commitment to deliver the best service to our customers, Prosper Marketplace is taking the lead and introducing the first mobile […]
Prosper Introduces Sixth-Generation Credit Model
We are very pleased to announce that starting Thursday evening, August 13th, Prosper will begin using an updated credit model, PMI 6. We have many goals at Prosper, but first and foremost, we are focused on ensuring that the pricing, credit, risk and underwriting model we use is constantly improving. This benefits all of our customers – […]
Prosper Increases Allocation to Fractional Pool
To improve the investing experience for Prosper’s community, Prosper recently made a change to its platform. Prosper started increasing the allocation of loans to the fractional pool over the last week, so that retail investors can invest more in the fractional pool faster and easier. Prosper’s CEO, Aaron Vermut, alluded to this change earlier this […]