Connect with us

Hi, what are you looking for?

Investor Center

Prosper Opens for Business to Investors in Indiana

Today we announced that the Prosper platform is now available to investors in Indiana. With the addition of Indiana, Prosper is now open to investors in 32 states and the District of Columbia. We appreciate the work of the state regulators to bring this investment opportunity to its residents.

As one of the only platforms open to unaccredited individual investors in the U.S., Prosper offers a great way for individuals to diversify an investment portfolio with an asset class that provides attractive returns.

Indiana residents can open a traditional investment account or a Prosper retirement account, which offers certain tax advantages. We suggest a minimum investment of $2,500 in order to properly diversify across at least 100 notes.

For borrowers, marketplace lending offers access to competitively priced loans that have fixed terms, transparent fees and no prepayment penalty. Borrowers come to Prosper to consolidate high-interest debt or fund large purchases such as home improvement projects, medical expenses, or weddings and other special occasions.

The news about Indiana follows our announcement last week of another record quarter that has pushed us above $4 billion in loan originations through the platform since it launched in 2006. We just closed out our largest quarter ever — $912 million in loans originations through the platform, a staggering increase of 1166% in two years.

We’re thrilled to welcome Indiana investors to the platform and to be able to offer more people a better way to borrow and invest. We look forward to working with more states in the future.

Read more

Join our mailing list

Latest

HELOC calculator - picture of the side of a home

Finance for Homeowners

This HELOC calculator predicts the amount you can borrow based on home value and other factors.

Example image for How Much Does it Cost to Renovate a House? Example image for How Much Does it Cost to Renovate a House?

Finance for Homeowners

One of the best parts of homeownership is being able to customize your home exactly how you want it. You don’t have to make...

iStock_78780267_MEDIUM.jpg iStock_78780267_MEDIUM.jpg

Financial Lifestyle

Whether you’re a regular Prosper blog reader or just Googled and found us after realizing your wallet is lost or stolen, we can help....

plans for what adds the most value to a home plans for what adds the most value to a home

Finance for Homeowners

What Adds the Most Value to a Home? When it comes to home improvements, you probably know that the answer is “yes” to the...

aug-performance-600x337.png aug-performance-100x100.png

Prosper Blog

Today we are sharing performance data from the Prosper Portfolio for August 2022. Highlights from the Prosper Performance Update – August 2022: In August,...

Example of potential result from remodel planning Example of potential result from remodel planning

Finance for Homeowners

Whether you’re taking a home you already love and making it better or taking a fixer-upper and restoring it to livability, the key to...