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Prosper Marketplace Stock

Peer-to-peer lending marketplace

Founded

2006

Notable Investors

Sequoia Capital

Headquarters

San Francisco CA, US

Total Funding

$521M

About Prosper Marketplace Stock

Prosper’s mission is to advance financial well-being. The company’s online lending platform connects people who want to borrow money with individuals and institutions that want to invest in consumer credit. Borrowers get access to affordable fixed-rate, fixed-term personal loans. Investors have the opportunity to earn solid returns via a data-driven underwriting model. To date, over $11 billion in personal loans have been originated through the Prosper platform for debt consolidation and large purchases such as home improvement projects, medical expenses and special occasions. Prosper Marketplace, Inc. was founded in 2005 and is headquartered in San Francisco. The lending platform is owned by Prosper Funding LLC, a subsidiary of Prosper Marketplace, Inc. Loans originated through the Prosper marketplace are made by WebBank, member FDIC. Visit www.prosper.com and follow @Prosperloans to learn more. Prosper notes are offered by Prospectus.

Investors

Funding History

January 2013$19.8M
January 2013$25
September 2013$21.6M
May 2014$70.1M
April 2015$165M
December 2016$30.0M
December 2016$14.2M
February 2017$150M
September 2017$50.0M

Management

Chief Executive Officer

David Kimball

Chief Technology Officer

Nasos Topakas

Chief Credit Officer

Ashish Gupta

Chief Financial Officer

Usama Ashraf

Press

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Prosper Marketplace or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

Some data provided by Crunchbase

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