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Prosper
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LoansBBVA, Prosper Partner To Offer Easier Home Equity Loans
Online lending marketplace Prosper has teamed up with BBVA USA to offer a new...
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Alternative FinancesProsper Fined $3M By SEC For Overstating Returns
The Securities and Exchange Commission announced late last week that Prosper, the online lender,...
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Alternative FinancesWhy Digital Lenders Are Tightening Their Lending Criteria
In the early days of online lending, the big appeal was access to funds...
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Alternative FinancesWhat 2018 Will Mean For Marketplace Lenders
2017 was a tough year for some of the biggest names in alternative financial...
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Fraud PreventionProsper Gets Rid Of App Designed To Protect Identities
Prosper Marketplace, the online lender, is reportedly getting rid of its Prosper Daily mobile...
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Alternative FinancesAll Is Forgiven? The Bond Buyers Return To Online Lenders
After the rather spectacular fireworks display that Lending Club had going on this time...
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Alternative FinancesProsper Reports Surging Losses As Loan Volume Falls
In a filing Monday, Prosper has reported net losses for 2016 that have more...
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Alternative FinancesProsper’s Climb Back
Taking the top job is never an easy task. It’s even harder to take...
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B2B PaymentsB2B FinTechs On A Bumpy Road To 2017
A new year, a fresh start. Or, for some B2B FinTech firms, an opportunity...
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Alternative FinancesProsper CEO Steps Down
The CEO of Prosper Marketplace — Aaron Vermut — will be saying good-bye to the firm, to...
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Alternative FinancesProsper Shutting Down Secondary Market For Loans Later In October
Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its...
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Payments InnovationFinTech’s Bright Future Marred by Hype
Silicon Valley has the banking industry in its crosshairs. Hardly a day, hardly even...
- Alternative Finances
Prosper Pauses Lending Tree, Credit Karma Relationships
Prosper Marketplace, the online lending company, may have changed its relationship with two prominent...
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Alternative FinancesProsper, Other Online Lenders Put Under NY State’s Microscope
The drama surrounding online lenders — who they lend to, when, how and at...
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Alternative FinancesProsper Hires Banks To Decide Next Steps
Prosper Marketplace is in the midst of exploring strategic options, having hired investment banks...
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RegulationNY Regulators Launch Online Lending Probe
The New York state financial regulator, newly enmeshed in a probe into embattled online...
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Alternative FinancesProsper Raises Risky Borrower Interest Rates
Against a troubled landscape, one online lender, Prosper Marketplace, is boosting rates that it...
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ReportSquare Slips, Satoshi Hides (Again) And Prosper Shrinks
Two big segments of the world made news last week: politics and payments. And...
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Merchant InnovationSizzle Or Fizzle: Prosper, Alibaba, Snapchat – And Amazon Dash
So many things to talk about this week, but let’s stick to payments and...
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Alternative FinancesFinTech Lenders Are Putting The Brakes On Customer Acquisitions
As the wave of FinTech lenders who stepped into the markets after the financial...
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Alternative FinancesLending Club, Funding Circle And Prosper Join Forces And Form...
On the logic that everything is easier when taken on with a team, the...
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Merchant InnovationFacebook, Square and Alt-Lending Look For Signs Of Spring
Spring has sprung, Q1 is done and, all around the payments and commerce ecosystem,...
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Alternative FinancesBondholders Throw Shade On Prosper’s Portfolio
Bondholders just gave online lending a big thumbs down as they reportedly only bought...
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Consumer FinanceProsper, HomeAdvisor Overhaul Home Improvement Financing
Homes might not have been a great investment seven or eight years ago, but...
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Alternative FinancesProsper’s Financial Wellness App Hits The Market
Marketplace lender Prosper launched its first mobile app, designed to provide customers with the...
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Consumer FinanceDo Consumers Really Care About FinTech?
An increasing number of Americans are moving towards relying on FinTech services to improve...
- News
San Bernardino Shooter Helped By Online Lender
An online lender finds itself in the unfortunate position of having supplied funds to...
- News
Prosper Passes The $5B Loan Mark
Prosper Marketplace has announced another major milestone. The peer-to-peer lending marketplace has surpassed the...
- Alternative Finances
Is The Bloom Off The Alt Lending Rose?
Alternative lending is such a part of the mainstream that it’s easy to forget...
- Alternative Finances
It’s Official – Prosper Is A Unicorn
Last week San Francisco welcomed the latest unicorn to the herd – P2P lending...
- Alternative Finances
P2P Lender Prosper Valued At $1.9B
The United States’ second biggest P2P lending market has closed out a financing round...
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NewsLending Club Chooses NYSE For Its IPO
The planet’s largest peer-to-peer lender, Lending Club, has chosen the New York Stock Exchange...
