Archive for the ‘ Lenders ’ Category

Today Prosper released January 2010 statistics.  Notable in January was the increase in personal loans for debt consolidation purposes. Continue reading Prosper Sees Debt Consolidation Hit All Time High

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 round soon. Continue reading Prosper VC’s Bridge to Series D Fund Raise

Today Prosper released December 2009 statistics and second half 2009 marketplace performance metrics. Continue reading Prosper Releases Peer-to-Peer Lending Market Survey

by Colin Henderson, Chief Technology Officer, CommunityLend

The original vision for peer-to-peer lending was formed at a time when internet models were evolving from web sites to social interactions. The notion of wisdom of crowds and the ability of a larger group to prepare better decisions than discrete individuals was prevalent. Prosper to their credit took that vision literally and applied it to peer-to-peer lending.

Continue reading The Bankwatch: Thoughts on p2p lending, risks and the future of the industry

Prosper is pleased to inform our lenders in Mississippi that we have received state clearances and are now open for business. We have hundreds of lenders and borrowers participating in the first auction based peer-to-peer loans platform and welcome our members in Mississippi back to our community. Continue reading Prosper now open to Mississippi lenders