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Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$160.4M
Headquarters
San Francisco, California
Founded
2005
Prosper Funding offers a variety of financial products aimed at improving financial wellbeing for individuals. Their main offerings include personal loans, credit cards, and home equity lines of credit, which are available to people with different credit backgrounds. Personal loans are provided through WebBank, while the Prosper® Card is issued by Coastal Community Bank and operates under a Mastercard license. Prosper distinguishes itself from competitors by being an equal housing lender, which promotes fair access to financial services for all. The company's goal is to provide affordable financial solutions that help customers manage their finances effectively.
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Total Funding
$160.4M
Below
Industry Average
Funded Over
11 Rounds
Health Insurance
Unlimited Paid Time Off
Parental Leave
Mental Health Support
Wellness Program
Childcare Support
Pet Insurance
Prosper Honored for Excellence in Security and Risk ManagementSAN FRANCISCO, July 23, 2024 /PRNewswire/ -- Prosper Marketplace, the first peer-to-peer lending platform in the United States, is thrilled to announce its selection as a winner in the prestigious 2024 CSO Awards.The 2024 CSO Awards, organized by Foundry (an IDG, Inc. company), celebrate the top security organizations and individuals who have demonstrated exceptional efforts in tackling the challenges posed by an ever-expanding landscape of threats. This year's awards recognize those at the forefront of security innovation, including new threat-detection methods, advanced cyber analytics, and initiatives addressing AI dangers, zero trust, and data protection."We are honored to receive the 2024 CSO Award," said David Kimball, CEO of Prosper. "This recognition is a testament to our team's dedication to implementing cutting-edge security measures that protect our borrowers and investors, ensuring a secure and trustworthy marketplace for all."Prosper's selection as a 2024 CSO Award winner underscores its commitment to pioneering security strategies and delivering robust protection for its clients and stakeholders. This accolade also reflects the company's commitment to staying ahead of emerging threats."Our teams work together across our organization to make information security a core focus for our customers," said Varsha Agarwal, Head of Information Security at Prosper. "Since inception nearly 20 years ago, the security of our marketplace has played a key role in our business operations, culture, and goals
ProsperBites brings a dynamic array of experiences to their latest venture with Smalls Sliders.
Crowdfunding is to financing what Uber is to taxis or what Airbnb is to hotels: Using the wisdom and resources of the crowd to raise money.Usually, crowdfunding brings many smaller investors or donors together to fund a business, startup or personal initiative. The concept is based on the collective effort of a large number of individuals investing small amounts and leveraging the internet as a platform to present their campaigns and reach potential investors worldwide.To put it in simple terms, crowdfunding is the modern-day equivalent of tossing coins in a hat to help create funds for a cause or idea. Essentially, it is when an individual, startup or organization pitches their idea to a large pool of potential investors with the hopes of raising a specific amount of money.Types of crowdfundingBroadly, there are four types of crowdfunding:Reward-based crowdfunding: Backers give money to a project and receive a tangible item or service in return. Kickstarter and Indiegogo are popular platforms for this type. Equity crowdfunding: Investors receive a stake in the company, typically in the form of equity shares. This type of crowdfunding is regulated by financial authorities to protect investors
Live Long and Prosper with any of these 19 'Star Trek' gifts.
Prosper smashes crowdfunding target raising over £1m.
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Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$160.4M
Headquarters
San Francisco, California
Founded
2005
Find jobs on Simplify and start your career today