Prosper.com is one of the largest and most respected peer-to-peer lending sites with over $10 billion in funded loans.
Prosper Funding LLC is a wholly-owned subsidiary of Prosper Marketplace, Inc which is backed by leading investors including Credit Suisse NEXT Fund, Francisco Partners, and Sequoia Capital.
Borrowers request personal loans on Prosper and investors (individual or institutional) can fund anywhere from $2,000 to $35,000 per loan.
Investors can consider borrowers’ credit scores, ratings, and histories and the category of the loan. Prosper handles the servicing of the loan and collects and distributes borrower payments and interest back to the loan investors.
Prosper publishes performance statistics on its website and all market data is available to the public for analysis.