Product Manager, Prosper Marketplace
$140-185k
Plus bonus
More information about location
2+ days a week in office
Online P2P lending marketplace
Open for applications
Online P2P lending marketplace
201-500 employees
Open for applications
$140-185k
Plus bonus
More information about location
2+ days a week in office
201-500 employees
Company mission
To advance financial wellbeing by providing affordable financial solutions to consumers across the credit spectrum.
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Company mission
To advance financial wellbeing by providing affordable financial solutions to consumers across the credit spectrum.
Few candidates hear
back within 2 weeks
2% employee growth in 12 months
Our take
Prosper is a peer-to-peer lending platform, meaning that instead of lending money itself, it connects investors with borrowers directly. When it launched in 2005 it was the first of its kind and paved the way for the now crowded peer-to-peer lending market, which includes competitors like Peerform, Upstart, Funding Circle, and Prosper’s largest rival, LendingClub.
The company provides an attractive option by cutting out the middleman and making applications faster, meaning that socially and financially rewarding investments can be made. Prosper is one of the largest and most recognized in this industry, having facilitated more than $20 billion in loans to nearly 1.5 million borrowers.
The company certainly felt the effects when the marketplace lending industry crashed in 2016, with more than $1 billion wiped from the company’s valuation. Since then, Prosper has secured new funding and continues to develop. In recent years the company has forged ties with banks to allow it to launch its home equity credit line, indicating a new direction for the company.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Take-what-you-need (paid) vacation for salaried employees
- 20 days of PTO and 7 paid holidays/year for hourly employees
- Stock options
- 401K retirement savings plan with generous matching
- Comprehensive health, dental and vision insurance plans, with options specific to your own health coverage needs
- Prosper Fit - A monthly stipend to use for gym memberships, personal training sessions, yoga and exercise classes, or club sports/fitness fees
- Pre-tax commuter/parking assistance
- Snacks and beverage selections in our kitchen
- Monthly meet-and-greet happy hours
- Perkspot discount programs
- One Medical
- SF Location - Rooftop deck with ping-pong and foosball table
Company values
- Accountability
- Collaboration
- Excellence
- Diversity
- Simplicity
- Integrity
Funding (last 2 of 10 rounds)
Sep 2017
$50m
SERIES G
Jan 2013
$20m
LATE VC
Total funding: $153.8m
This company has top investors
Leadership
David Kimball
(Chairman and CEO)Having studied for an MBA at Brigham Young University, David worked in Management at Ford Motor Company for over 10 years, prior to spending another decade at USAA. He left his role as CFO and COO to join Prosper Marketplace in March 2016 as CEO and Chairman.
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