Prosper Funding LLC, one of its subsidiaries, operates Prosper.com, a website where individuals can either invest in personal loans or request to borrow money. On November 26, 2008, a class action lawsuit was filed against Prosper in the Superior Court of California, County of San Francisco, California. Prosper Marketplace, Inc. is a San Francisco, California -based company in the peer-to-peer lending industry. Prior to its 2008 'quiet period' and 2009 SEC registration, the company provided "Credit Grades" and other credit information about its prospective lenders. This money may then be re-invested into new Prosper loans or withdrawn from Prosper by transfer into the bank accounts of the Prosper investors. Historical Returns are based on actual payments (other than principal) received by the investor net of fees and losses (including from charged-off loans). Prosper's financing announcement on Thursday followed 300 percent loan growth in the first quarter to $600 million. According to the company, that figure is "determined by two scores: (1) the credit score, obtained from an official credit reporting agency, and (2) the Prosper Score, figured in-house based on the Prosper population."

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.Prosper Marketplace, Inc. provides online peer-to-peer lending marketplace services.
March 10, 2016. Form 424B3 (Filer) Published: 2020-07-22 19:05:55 Submitted: 2020-07-23. Also, more than 35% of all loans that originated in February 2007 were in some form of delinquency. Prosper's returns for this period have been independently auditedAs of August 2008, approximately 18.5% of all money loaned through Prosper from inception (February 2006) through June 2008 were in some form of delinquency.

Study: Top 20 ... Prosper Marketplace relaunches its BillGuard app under the Prosper brand. The charge-off rates in many cases exceeded the interest received on the loan categories, resulting in a negative return. Prosper Marketplace, Inc. provides online peer-to-peer lending marketplace services. Search / Go. Listing Report: Supplement No. According to information on its website, the company has lent money to slightly under a million customers. Stock Ticker Lookup. Listing Report: Supplement No. Noteholders of Prosper's "member payment dependent" notes are considered unsecured creditors of Prosper Marketplace with limited recourse against it. The Company enables borrowers to list loan requests and individual lenders the option to invest loans based on credit scores, ratings, histories, personal loan descriptions, endorsements, and community affiliations. Erics reported that the median return to Prosper investors was negative 2.00% and the mean return negative 2.28. category billguard, Prosper, marketplace, and 3 more. from TechCrunch. Form 424B3 (Filer) Published: 2020-07-23 14:27:22 Submitted: 2020-07-23. 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. Prosper Marketplace, Inc. is a San Francisco, California-based company in the peer-to-peer lending industry. Charge-off rates by credit score category ranged from 11.57% of money lent to borrowers with a credit score of 760 or higher to 44.30% of money lent to borrowers with a credit score below 600. Prosper Marketplace serves customers in the United States.PO Box 396081 An interface to run complex performance queries is supported and allows investors (and the public) to look into the performance of any subset of loans over whatever time period they choose.Prosper reports a 10.69% annualized seasoned rate of return, net of fees, for all loans issued from its re-opening after SEC registration (July 1, 2009) to the 30th of September, 2011. PRGCF | Complete Prosper Gold Corp. stock news by MarketWatch. Prosper notes are offered by … What is Prosper Marketplace? listing_20200722-0900.htm Zoom In Zoom Out. The Company enables borrowers to list loan requests and … After Prosper's relaunch in July 2009, and implementing stricter credit guidelines for borrowersSince its 2009 relaunch, Prosper received a Series D funding round of $14.7M in April 2010 with participation from all previous investors as well as new investors CompuCredit and TomorrowVentures.Bloomberg BusinessWeek reported on November 11, 2010 that Prosper was seeking additional fundingIn January 2013, Prosper received $20 million in funding led by Sequoia Capital,Secondary market / Trading platform - Development and TerminationSecondary market / Trading platform - Development and TerminationSuperior Court of California, County of San Francisco, Docket: View real-time stock prices and stock quotes for a full financial overview. See Prosper's revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. This database and all market statistics can be accessed and queried for analysis of loan performance over time. Eligibility for personal loans is not guaranteed, and requires that a sufficient number of investors commit funds to your account … San Francisco, CA 94139

… Borrowers who receive a loan, pay an origination fee of 1.00% to 5.00%,As borrowers repay over the three, or five-year fixed term of their Prosper loan, payments are distributed to investors' accounts.