Prosper

Prosper Hires Banks To Decide Next Steps

Prosper Hires Banks To Decide Next Steps
Prosper Hires Banks To Decide Next Steps
May 27, 2016  |  Alternative Credit

Prosper Marketplace is in the midst of exploring strategic options, having hired investment banks JPMorgan and Financial Technology Partners and having disclosed it is considering...

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NY Regulators Launch Online Lending Probe
NY Regulators Launch Online Lending Probe
May 27, 2016  |  Legal & Regulation

The New York state financial regulator, newly enmeshed in a probe into embattled online lender Lending Club, is widening its gaze to include other online...

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Prosper Raises Risky Borrower Interest Rates
Prosper Raises Risky Borrower Interest Rates
May 26, 2016  |  Alternative Credit

Against a troubled landscape, one online lender, Prosper Marketplace, is boosting rates that it charges to risky borrowers, a move The Wall Street Journal said was geared...

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Square Slips, Satoshi Hides (Again) And Prosper Shrinks
Square Slips, Satoshi Hides (Again) And Prosper Shrinks
May 09, 2016  |  PYMNTS Data Lab

Two big segments of the world made news last week: politics and payments. And although there is no shortage of controversy about the former, we...

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Sizzle Or Fizzle: Prosper, Alibaba, Snapchat – And Amazon Dash
Sizzle Or Fizzle: Prosper, Alibaba, Snapchat – And Amazon Dash
May 06, 2016  |  Merchant Innovation

So many things to talk about this week, but let’s stick to payments and commerce, shall we? Get the Full Story Complete the form to...

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FinTech Lenders Are Putting The Brakes On Customer Acquisitions
FinTech Lenders Are Putting The Brakes On Customer Acquisitions
April 11, 2016  |  Alternative Credit

As the wave of FinTech lenders who stepped into the markets after the financial crisis pushed much of their mainstream banking competition out of the...

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Lending Club, Funding Circle And Prosper Join Forces And Form A Trade Association
Lending Club, Funding Circle And Prosper Join Forces And Form A Trade Association
April 07, 2016  |  Alternative Credit

On the logic that everything is easier when taken on with a team, the big names in marketplace lending are joining forces and forming their...

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Facebook, Square and Alt-Lending Look For Signs Of Spring
Facebook, Square and Alt-Lending Look For Signs Of Spring
April 04, 2016  |  Merchant Innovation

Spring has sprung, Q1 is done and, all around the payments and commerce ecosystem, there have at least been some signs that winter may be...

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