Today is a huge day for Prosper.
We crossed over the $1 billion mark in peer-to-peer loans. Its been a long road since the first loan in 2006. Since then the $1 billion dollars issued through Prosper went towards helping people fix their debts, pay medical bills, chase their dreams, and much more. The greatest thing about it? That $1 billion came from people who truly wanted to help others’ financial situations, while simultaneously helping themselves.
We’re a billion dollars closer to showing everyone in the U.S. the new way of doing personal finance, and we couldn’t do it without you. We are excited to hit this milestone but it’s just the beginning! We are looking forward to hitting the $2 billion milestone this year as well. We love being in the business of bringing people together to help each other, and we hope you stay in touch as we become the biggest peer-to-peer lending community in America.
Check out the infographic about our first billion here: http://pspr.co/c6
Whew! What an incredible journey it has been. This past year has been monumental for Prosper as more and more people experience how easy it is to borrow and invest with people just like you. We’ve evolved from a small disruptive force in the lending industry into a major voice in the finance market. We’ve developed a vibrant lending community where people invest in a full spectrum of projects and people that they truly believe in, and we’ve transformed our social media presence into a hub for all things regarding personal finance and peer-to-peer. We have grown over 600% in the last year as people have turned to peer-to-peer loans for everything from cutting credit card debt to helping with small businesses, vacations and home improvement projects. To date, over 93,000 people have taken a loan through Prosper, and more than 75,000 individual investors have invested money through the platform.
Everything has led up to this moment. Next week, Prosper will cross the $1,000,000,000 mark in personal loans originated through Prosper.
And it was all made possible by you.
To give back to our ever-growing peer-to-peer lending community, we’re going to give away $1,000 to both a lucky borrower and lucky investor, every day for two weeks, starting tomorrow.
Here’s what you should know:
- First, if you haven’t already, like us on Facebook and follow us on Twitter.
- Each day for the next two weeks, we’ll randomly select one active Prosper borrower and one active Prosper investor.
- The selections will be announced via Facebook and Twitter (which is why you have to like/follow us).
- We’ll announce the winner using Prosper Screen Names (find yours by logging into your account and selecting “Settings”).
- If you are one of our lucky winners, you will have 24 hours to contact Prosper and receive the $1,000 reward. Contact us at Thanks@prosper.com to claim your reward.
That’s all there is to it… Like us on Facebook, follow us on Twitter and then check back daily to see if you’ve been selected to win some cool cash along with other news relevant to personal finance. And thanks again to each and every one of you in our community – here’s to the next billion!
- The Prosper Team
* Information About the Prosper “Thanks a Billion” drawing:
ELIGIBILITY This promotion is open to Eligible Participants. An Eligible Participant is a current Prosper member with a current or paid-off loan in good standing, or a Prosper investor with an investor account balance greater than zero, as of 12PM PST, 3/27/14
PROMOTION Selected winners who respond to email@example.com within 24 hours of their selection will receive $1,000.
DOLLARS CREDITING The $1,000 earned will be deposited to your Prosper investment account or to the bank account associated with your Prosper Loan within 1 week of being selected as that day’s winner.
PARTICIPANT’S BANK ACCOUNT The selected winners must have a valid bank account in the continental US, Hawaii or Alaska at Prosper.
DISQUALIFICATION Prosper reserves the right at its sole discretion to disqualify any individual from the Promotion. Cancelled loans are not eligible for this promotion, and, in that event, Prosper reserves the right to cancel the credit issued to you under this promotion.
LIABILITY By participating in this Promotion, each Eligible Participant acknowledges and agrees that Prosper: (i) shall have no liability of any kind whatsoever with respect to this Promotion; (ii) make no warranty, guaranty or representation of any kind concerning the winnings; (iii) disclaim any implied warranty; and (iv) are not liable for injury, loss or damage of any kind resulting from an Eligible Participant’s acceptance or use of the award or otherwise from such Eligible Participant’s participation in this Promotion. If an act, omission, event or circumstance occurs which is beyond the reasonable control of Prosper and which prevents Prosper from complying with these terms and conditions, Prosper
will not be liable for any failure to perform or delay in performing its obligation.
TERMINATION OR SUSPENSION Prosper reserves the right at its sole discretion to, without advance notice, terminate or suspend this Promotion, in whole or in part, or modify it in any way. This promotion is void where prohibited or restricted by law.