$125-152k
Plus bonus
Online P2P lending marketplace
Be an early applicant
Online P2P lending marketplace
201-500 employees
Be an early applicant
$125-152k
Plus bonus
201-500 employees
To advance financial wellbeing by providing affordable financial solutions to consumers across the credit spectrum.
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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
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
Sep 2017
$50m
SERIES G
Jan 2013
$20m
LATE VC
This company has top investors
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.