Prosper will be changing the way we present the return information on our website and will begin providing historical return data for each Prosper rating. This move from expected returns to historical data is intended to give our investors even greater insight into the Prosper platform’s performance as they make their investment decisions.
In March, we discussed Prosper’s approach to portfolio pricing in a rising interest rate environment. Prosper is committed to delivering value for both sides of the platform by providing a fair price for borrowers and a reasonable return for investors. With this objective in mind, we have been increasing the borrower rates on our platform since March to stay in-line with changes in the interest rate environment (Exhibit A).