Prosper - Announcements, Interviews & News Stories

Prosper embarks on crowdfunding campaign

Founded by Nick Perrett of digital bank Tandem, Ricky Knox of Tandem and Azimo, and Phil Bungey of Nutmeg, new WealthTech platform Prosper is offering an alternative to how people save and invest.

03 June 2024

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BBVA USA offers Heloc loans with Prosper

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.

11 November 2020

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FinEx Asia closes $50 million investment in Prosper Marketplace

FinEX Asia is pleased to announce that its private equity fund manager closed an investment of US$50 million in Prosper Marketplace, a U.S. online marketplace lending platform for consumer loans.

25 September 2017

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Prosper kills off Daily app

Today we are announcing that we’ll be discontinuing the Prosper Daily app as of August 31st. To help our users through this transition, we’ve teamed up with Clarity Money, a personal finance app that offers many of the same features as Prosper Daily.

31 July 2017

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Prosper strikes $5bn loan purchase agreement with institutional investors

Prosper Marketplace, a leading online consumer lending marketplace, today announced that it has closed a deal with a consortium of institutional investors to purchase up to $5 billion worth of loans through the Prosper platform over the next 24 months.

27 February 2017

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Prosper Marketplace CEO Aaron Vermut quits

Prosper Marketplace, a leading online marketplace for consumer credit, today announced that the company’s board of directors has named David Kimball Chief Executive Officer.

15 November 2016

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Prosper Marketplace kicks off photo contest

Today, Prosper Marketplace kicks-off the #MyProsperStory 2016 Photo Contest. Now through November 15th, borrowers through Prosper are invited to show the world “what it looks like to be on top of your finances.”

02 November 2016

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Funding Circle, Lending Club and Prosper form trade association

Leading online credit marketplaces Funding Circle, Lending Club (NYSE:LC) and Prosper Marketplace today announced the launch of the Marketplace Lending Association (MLA), a U.S. non-profit membership organization created to promote responsible business practices and sound public policy to benefit borrowers and investors.

08 April 2016

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Prosper Marketplace and HomeAdvisor partner on home improvement financing

Prosper Marketplace, which operates a leading online marketplace that connects borrowers and investors, and HomeAdvisor, a leading nationwide home services digital marketplace, announced today the launch of an exclusive partnership.

14 March 2016

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Prosper rebrands BillGuard app

Prosper Marketplace, which operates a leading online marketplace that connects borrowers and investors, today announced its first mobile app, Prosper Daily.

10 March 2016

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Prosper appoints USAA's David Kimball CFO

Prosper Marketplace today announced it has appointed David Kimball Chief Financial Officer. David is currently Senior Financial Officer of USAA’s Chief Operating Office.

02 March 2016

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Prosper Marketplace appoints former Capital One staffer Kunal Kaul as EVP of operations

Prosper Marketplace today announced it has appointed Kunal Kaul Executive Vice President of Operations.

18 December 2015

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