Prosper Marketplace was founded in 200 by the founder of E-Loans, Chris Larsen and John Witchel. The company is a peer to peer lending marketplace which connects those who have funds for investing with those in need of small or large loans. Loans range between $2,000 and $35,000. The company has more than 2.2 million members and currently has $5 billion in funded loans.
Prosper Marketplace handles the servicing of the loan, collects and distributes borrower payments and delivers interest back to the loan investors.
Prosper Marketplace is listed as #86 on the Inc. 5000 list of America’s Fastest Growing Companies. The company has a 3 year growth rate of 3,618% as well as annual revenue in 2014 of $81.3 million. The company has 457 employees, with 399 of these jobs being added in the past 3 years.
Prosper Marketplace is also #10 on Inc’s list of Top Financial Services Companies and #10 on their list of Top San Francisco Companies.