Val Katayev (@ValKatayev) is an entrepreneur, investor and founder of several successful startups in the digital, media, mobile, music and data segments. He is one of the earliest investors on the Prosper lending platform. We reached out to learn about Val’s experience. Here’s what he had to say: Q: How did you first discover marketplace […]
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Prosper Unveils New Look
Today, we are very excited to unveil a new look for Prosper. Our new logo and distinctive colors represent a modern vision for our company, as well as the balance that we are helping people achieve in their financial lives. At Prosper, our mission is to give people access to products and services that help […]
What Does Financial Wellness Mean in the U.S.?
What does the term “financial wellness” mean to you? For some it means consistently making progress in your checking/savings accounts; for others it involves saving for big, and often unplanned, expenses or emergencies; and for many, it’s about paying off debt. At Prosper Marketplace, we believe that financial wellness starts with the feeling that you’re […]
Debt Consolidation 101: Is It Right For You?
If you’re struggling with debt, chances are there are two words you’ll hear repeatedly as a possible solution: debt consolidation. Even so, when it comes to the process, you might be confused where to start. Here’s a primer. First, what is debt consolidation? Let’s say you owe money on three credit cards. Each charges you […]
#MyProsperStory Q&A: How a Loan Through Prosper Helped Jerry Follow His Dream
Jerry’s #MyProsperStory is about making an impact in the world. In 2004 Jerry Hughes, a top advertising executive in Minneapolis, was diagnosed with HIV. His surprising diagnoses left him feeling uncertain about the future. The only thing Jerry knew for sure was that he wanted to help others. So, using all of his spare time, […]
What Higher Interest Rates Mean for You
Last month the Federal Reserve announced plans to raise short-term interest rates to between 0.25% and 0.5%—a move that affects millions of people’s lives. The good news for consumers is that this is a small hike. If you have no or low debt, the rate hike probably won’t affect you significantly. But the average U.S. […]