Today Prosper announced a $50 million investment from an investment fund co-managed by FinEX Asia. The Series G investment, which brings Prosper’s total equity raised to $410 million to date, will be used to make strategic investments in the company’s platform and products. “This investment is a strong signal of confidence in our business fundamentals […]
Today we’re sharing the performance update from the Prosper portfolio for August 2017. This month we saw credit tightening in the higher risk segments continues to slowly shift the portfolio to a higher concentration of lower risk assets (41.9% of assets were rated AA-B in August compared with 39.1% in July).
Do you have a nagging travel itch that just won’t go away? Perhaps you daydream of sitting poolside in Fiji, but your bank account jolts you awake with another staycation in mind. Many of us love traveling, or at least love thinking about it when financial responsibilities get in the way.
While there are a lot of good reasons to ditch the 9-to-5 grind for freelance work, there are also some traps that could cost first-time freelancers a lot of money. These important financial tips can help freelancers avoid expensive mistakes.
Individuals and communities have increasingly become “Earth conscious,” making heroic efforts to save our planet from climate change, deforestation, pollution and other threats. While taking personal responsibility to repair the world may seem like a daunting task, it is actually a lot easier—and more affordable—than you may think. After making an investment in Mother Earth you can even save money. That means more green in your pocket in exchange for a greener, cleaner planet.
If you’re considering personal loans, you may want to understand how companies determine loan offers that are customized just for you. The short answer is your credit history. Three credit agencies (TransUnion, Equifax and Experian) track a large amount of data tied to your credit history, and the credit story this data tells factors into your credit score. This credit score plays a critical role in whether or not you’re approved for credit and has a significant impact on the loan offers that you receive.