Prosper
Connecting borrowers and investors for affordable financial solutions.
Sector
TechnologyCategory
FintechLocation
San Francisco, CA
Connecting borrowers and investors for affordable financial solutions.
Prosper’s mission is to advance financial well-being. The company’s online lending platform connects people who want to borrow money with individuals and institutions that want to invest in consumer credit. Borrowers get access to affordable fixed-rate, fixed-term personal loans. Investors have the opportunity to earn solid returns via a data-driven underwriting model. To date, over $13 billion in personal loans have been originated through the Prosper platform for debt consolidation and large purchases such as home improvement projects, medical expenses and special occasions.
A Fidelity Ventures investment. Fidelity Ventures was a venture capital group affiliated with F-Prime until 2010.