Prosper Blog: Prosper, the online marketplace for people-to-people lending

Prosper Releases 12-Month Performance Stats and July 2010 Metrics

08/18/10 posted by Prosper Blog [ 1 Comment ]

Today we reintroduced our monthly peer-to-peer lending market survey and released 12-month performance data. You can view the full release here. Here’s what Prosper CEO and Co-founder, Chris Larsen, had to say…

“The focus at Prosper for the past twelve months – the period following Prosper’s SEC registration quiet period – can be summed up into two words: Risk Management. From building out our leadership team with world class risk management and analytics experts to the refinement of our risk and credit scoring models, success this past year has been defined by our disciplined approach to risk/return tradeoff and dramatically improved lender performance.” Read more

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What’s New on Prosper?

By Prosper Blog on 07/26/10 [ 7 ]

Some Prosper users may recall that we used to regularly post website, product and feature changes to the “What’s New on Prosper?” section of the site. We’ve heard from some Prosper users that they found these at a glance style updates helpful and would like to see them make a come back. So starting today… this communication channel is back. We’ll publish these updates on our blog (see below) and begin integrating these posts into the “What’s New on Prosper?” page too. As always, we welcome and look forward to your comments and feedback. Read more

Listing Descriptions Update

By Prosper Blog on 06/1/10 [ 8 ]

We wanted to update everyone on the borrower listing description change that was introduced a few weeks ago. Read more

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Borrowers

Prosper Lender Financed iPhone Game “Puff Puff” Launches; Supports Coral Reef Ecosystem Restoration in the Gulf and Worldwide

By Prosper Blog on 08/4/10 [ 3 ]

Puff Puff, the first iPhone game released by independent developer 6th Mega and financed by Prosper lenders, is now available for $0.99 on the Apple App Store. Ten percent of game purchase proceeds will help support organizations dedicated to protecting coral reef ecosystem restoration, Read more