Prosper’s Abundance of Performance Data: An Asset to Borrowers and Lenders

12/12/07 posted by Kirk Inglis

Kirk Inglis, Chief Financial Officer of Prosper. Quote: “The $100 million milestone is a reminder that Prosper’s rich and unique set of historical performance data has the potential to benefit both lenders and borrowers. The free flow of information is the cornerstone of any successful marketplace and Prosper is committed to making its marketplace data transparent and accessible.”

Read the rest of this entry on Yahoo! Finance>>

Kirk Inglis is the CFO of Prosper.

Prosper Sees Debt Consolidation Hit All Time High

By Prosper Blog on 02/23/10 [ ]

Today Prosper released January 2010 statistics. Notable in January was the increase in personal loans for debt consolidation purposes.
Over the course of the last six months, debt consolidation loans have been ticking up, and in January hit an all time high of 59% of loans. Historically debt consolidation has tracked at approximately 45% of loans.
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Prosper VC’s Bridge to Series D Fund Raise

By Prosper Blog on 02/3/10 [ ]

As many have presumed, Prosper is in the process of raising another round of capital to continue building what is emerging as the future of consumer and small business financing. The process is going well and we have strong interest from a number of world class investors. We look forward to announcing our Series D [...]

Prosper Releases Peer-to-Peer Lending Market Survey

By Prosper Blog on 01/27/10 [ ]

Today Prosper released December 2009 statistics and second half 2009 marketplace performance metrics.
Notable in the second half of 2009 – the period following Prosper’s SEC registration quiet period – the weighted average borrower credit score was 742 and the average loan amount was $4,369. These two metrics reflect the high credit quality of [...]

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