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Prosper Marketplace

Financial Services San Francisco, CA ~220 employees
Founded
--
Employees (Est.)
~220
11 leaders known
Total Funding
$120.0M
Funding Rounds
1
Last Funding
2025-10-16

About Prosper Marketplace

Prosper is a financial services company focused on helping people thrive by providing accessible and transparent financial solutions since 2005. They aim to advance financial well-being through a variety of personal finance products and tools with an emphasis on ease, transparency, and customer service.

Products & Services

Personal Loans:Low-interest, fixed-rate loans up to $50,000 for various needs, with next-day funding and no prepayment penalties.
Prosper Card:An unsecured credit card to help build credit, offering up to $3,000 credit limit with no security deposit required.
Home Equity Lines of Credit (HELOC) and Loans:Access up to $500,000 in home equity with no prepayment penalties and low or no closing costs.
Investing & IRAs:Investment opportunities in personal loans to diversify portfolios, with an average historical return of 5.3%.
Business Loans:Loans tailored for business needs.
Student Loans:Financing options for educational expenses.

Specialties

Personal Loans Debt Consolidation Credit Building Home Equity Financing Alternative Investments

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: ABS Transaction
T: -
FT: ABS Transaction
A: 120000000
MR: -
FA: $120 million
FAN: 120000000
D: 2025-10-16
FD: 2025-10-16
2 investors
ABS Transaction Latest
2025-10-16
$120.0M
2 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

R

Randy

G

Gigi

M

Michael

F

Frances

D

David Kimball

Chief Executive Officer

U

Usama Ashraf

President & Chief Financial Officer

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Recent News

Prosper Marketplace Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Financial Services
Company Size
~220 employees (est.)
Locations
San Francisco, CA

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Technology Stack

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