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Prosper Releases 12-Month Performance Stats and July 2010 Metrics

by Prosper on 08/18/10

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.”

We welcome and look forward to hearing your comments on the past year.

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Notice: Blogs and other materials posted on or linked from this page that use the name "Prosper" generally use that name to refer to Prosper Marketplace, Inc. if published before January 31, 2013 and to refer to Prosper Funding LLC if published on or after February 1, 2013.