Prosper #

Prosper is a peer-to-peer lending platform based in the United States. It was one of the first companies to offer peer-to-peer lending, providing an online platform where individual borrowers can obtain loans directly from individual or institutional lenders.

Website: https://www.prosper.com/

Region: US

Size: 1.4M users

Revenue: $31.53M Q2 Revenue

Activity: 3.3M monthly visits

Unique Selling Proposition #

Unsecured Personal Loans: Prosper primarily offers unsecured personal loans, meaning borrowers do not need to provide collateral. Variable Interest Rates: Based on creditworthiness, borrowers are offered loans with varying interest rates. Investor Choice: Investors can choose to fund loans in categories they’re interested in, such as debt consolidation, home improvement, or even green loans.

Future Prospects #

Blockchain Technology: There’s speculation around Prosper exploring blockchain for making the loan process more secure and transparent. Global Expansion: Prosper has the potential to expand its model globally, especially in underbanked regions.