Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home...
The Securities and Exchange Commission announced late last week that Prosper, the online lender, has agreed to pay a $3 million fine...
In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options...
2017 was a tough year for some of the biggest names in alternative financial services in the U.S. – Prosper, OnDeck and...
Prosper Marketplace, the online lender, is reportedly getting rid of its Prosper Daily mobile app, which enabled customers to monitor their personal...
After the rather spectacular fireworks display that Lending Club had going on this time last year, it was not great surprise when...
In a filing Monday, Prosper has reported net losses for 2016 that have more than quadrupled — yet another sign that marketplace...
Taking the top job is never an easy task. It’s even harder to take over at the top as a relative newcomer...
A new year, a fresh start. Or, for some B2B FinTech firms, an opportunity to turn things around. PYMNTS has the latest...
The CEO of Prosper Marketplace — Aaron Vermut — will be saying good-bye to the firm, to be replaced by David Kimball, Prosper’s finance chief. Kimball...
Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. According to a report,...
Silicon Valley has the banking industry in its crosshairs. Hardly a day, hardly even a nanosecond, goes by without a VC, entrepreneur,...
Prosper Marketplace, the online lending company, may have changed its relationship with two prominent loan referral sites, according to sources cited by...
The drama surrounding online lenders — who they lend to, when, how and at what rates — continues. In the wake of...
Prosper Marketplace is in the midst of exploring strategic options, having hired investment banks JPMorgan and Financial Technology Partners and having disclosed...
The New York state financial regulator, newly enmeshed in a probe into embattled online lender Lending Club, is widening its gaze to...
Against a troubled landscape, one online lender, Prosper Marketplace, is boosting rates that it charges to risky borrowers, a move The Wall...
Two big segments of the world made news last week: politics and payments. And although there is no shortage of controversy about...
So many things to talk about this week, but let’s stick to payments and commerce, shall we? Sizzle Alibaba Alibaba’s exec team...
As the wave of FinTech lenders who stepped into the markets after the financial crisis pushed much of their mainstream banking competition...
On the logic that everything is easier when taken on with a team, the big names in marketplace lending are joining forces...
Spring has sprung, Q1 is done and, all around the payments and commerce ecosystem, there have at least been some signs that...
Bondholders just gave online lending a big thumbs down as they reportedly only bought in once yields on a portfolio of Prosper...
Homes might not have been a great investment seven or eight years ago, but now that the housing market has more or...
Marketplace lender Prosper launched its first mobile app, designed to provide customers with the tools to help make smarter financial decisions, the...
An increasing number of Americans are moving towards relying on FinTech services to improve their financial well-being, research has found. With as...
An online lender finds itself in the unfortunate position of having supplied funds to an ISIS-inspired terrorist weeks before he and his...
Prosper Marketplace has announced another major milestone. The peer-to-peer lending marketplace has surpassed the $5 billion mark, which refers to the amount...
Alternative lending is such a part of the mainstream that it’s easy to forget just how fast it has gotten so big....
Last week San Francisco welcomed the latest unicorn to the herd – P2P lending site Prosper. Prosper announced that it brought in...
The United States’ second biggest P2P lending market has closed out a financing round that pushes its valuation to $1.9 billion –...
The planet’s largest peer-to-peer lender, Lending Club, has chosen the New York Stock Exchange (NYSE) for its IPO, in a nasty blow...