Prosper

Prosper launches Credit Card Optimizer

Prosper Marketplace has enhanced its Prosper Daily app by adding a feature to help users better manage their finances by reducing debt. Credit Card Optimizer provides payment reminders, interest bearing balances by card and other information which helps people avoid ...

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OneRent hires former Prosper exec

San Jose-based residential rental and property management service OneRent has hired former Prosper executive Manicka Babu as its chief technology officer. Mr. Babu spent the past 15 months at prosper, first as vice president of engineering and then as chief ...

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Prosper Marketplace now using DirectID verification service

Customer identity verification and underwriting provider DirectID has added seven new lenders across three continents, including Prosper. DirectID combines identity verification, affordability testing for underwriting, and payment confirmation into one hosted solution.. “DirectID enables responsible lenders to better serve their ...

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Alt-fi heavyweights form Marketplace Lending Association

Funding Circle, Lending Club and Prosper Marketplace have launched the Marketplace Lending Association (MLA). The non-profit organization promotes proper business practices and public policy. Among the new organization’s initiatives is the Marketplace Lending Operating Standards, a document addressing investor transparency, ...

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Prosper and HomeAdvisor announce funding partnership

Prosper Marketplace and national home services digital marketplace HomeAdvisor are partnering to offer home improvement financing on HomeAdvisor’s website. HomeAdvisor screens home improvement professionals via criminal and financial record checks before allowing them access to the HomeAdvisor website. Those professionals ...

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Radius Bank launches Pay a Friend service

Radius Bank has introduced a new service that allows account holders to securely send payments via phone, tablet or computer. Personal checking account holders access Radius Pay a Friend from their online or mobile banking account. They enter the recipient’s ...

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Startup traction all about easing pain points

Count Gilad Woltsovitch among those entrepreneurs whose personal experience played a critical role in the formulation of his company. Mr. Woltsovitch is co-CEO and head of product at Backed, a platform providing young borrowers with accessible and affordable loan products ...

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Credible expands into personal loans

Student loan facilitation and refinancing platform Credible is expanding into personal loans with a format which will look familiar to its clientele. Borrowers complete one form before a soft credit inquiry not impacting credit score is made. Competitive loan offers ...

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