Tag: Prosper
Tech will lead to new sub-prime crunch
In October 2016, two leading P2P platforms in the U.S. -- Lending Club and Prosper -- announced a new increase in interest rates for lower-grade loans. Read more: techcrunch.com
After a tough year for lending Prosper signs $5bn deal
Peer-to-peer marketplace Prosper has secured a deal with a consortium of investors for up to $5bn worth of loans. Read more: www.fintechroundup.com
B2B FinTechs on a bumpy road to 2017
Take a look at where your favorite B2B FinTech companies stand as 2017 approaches. Read more: www.pymnts.com
Prosper looks to new CEO amid tough year for P2P lenders
There’s change coming at the top of online lender Prosper Marketplace with CEO Aaron Vermut leaving the company at the end of the month. Read more: www.fintechroundup.com
Prosper in talks to sell $5bn worth of loans
Peer-to-peer lending firm Prosper is in talks with a group of investment firms to sell $5bn worth of loans over the next five years.