We connect people who want to invest money
with people who want to borrow money
Here's how it works: Borrowers choose a loan amount, purpose and post a loan listing. Investors review loan listings and invest in listings that meet their criteria. Once the process is complete, borrowers make fixed monthly payments and investors receive a portion of those payments directly to their Prosper account.
Company Overview
Prosper is America's first peer-to-peer lending marketplace, with more than 1,610,000 members and over $446,000,000 in funded loans.
TEAM
Prosper is run by President and CEO Dawn Lepore, former CEO and chairman of drugstore.com and vice chairman of The Charles Schwab Corporation, and was cofounded by Chris Larsen, cofounder of E-LOAN. Prosper has raised $80.9 million in venture capital and is backed by financial and technology luminaries including Accel Partners; Larry Cheng of Volition Capital; David Silverman of Crosslink Capital; Court Coursey of TommorrowVentures; Timothy Draper of Draper Fisher Jurvetson; Capital One Co-founder Nigel Morris of QED Investors; Eric Schwartz; CompuCredit; DAG Ventures; Meritech Capital; and Omidyar Network.
with people who want to borrow money
Here's how it works: Borrowers choose a loan amount, purpose and post a loan listing. Investors review loan listings and invest in listings that meet their criteria. Once the process is complete, borrowers make fixed monthly payments and investors receive a portion of those payments directly to their Prosper account.
Company Overview
Prosper is America's first peer-to-peer lending marketplace, with more than 1,610,000 members and over $446,000,000 in funded loans.
TEAM
Prosper is run by President and CEO Dawn Lepore, former CEO and chairman of drugstore.com and vice chairman of The Charles Schwab Corporation, and was cofounded by Chris Larsen, cofounder of E-LOAN. Prosper has raised $80.9 million in venture capital and is backed by financial and technology luminaries including Accel Partners; Larry Cheng of Volition Capital; David Silverman of Crosslink Capital; Court Coursey of TommorrowVentures; Timothy Draper of Draper Fisher Jurvetson; Capital One Co-founder Nigel Morris of QED Investors; Eric Schwartz; CompuCredit; DAG Ventures; Meritech Capital; and Omidyar Network.
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