Prosper
prosper.comMoney when you need it. Fast, easy, secure.
Finance & Fintechpersonal-loanscredit-cardinvestingfintechpeer-to-peer-lendingonline-lendingira
About
Prosper is an online financial services platform offering personal loans up to $50,000, a secured credit card, and investment products. Founded in 2005, it provides fully online applications with next-day funding and no prepayment penalties. The platform also includes credit tracking tools and an IRA/investing product for portfolio diversification.
Problem
People need fast, accessible, and transparent financial products without the friction of traditional banking.
For
Individuals seeking personal loans, credit-building tools, or alternative investment opportunities
How it works
Users apply online for a personal loan, credit card, or investment account; loan rates are returned in one minute with no credit impact, and funds can be deposited as soon as the next business day.
Business model
unknown
Status
launched
Company
Prosper Marketplace, Inc.
Launched
2005