Wednesday, September 25, 2013

Prosper Raises $25M

Online, peer-to-peer lending marketplace Prosper has raised $25M in a funding, according to a regulatory filing by the company. The funding was led by Sequoia Capital, and also included BlackRock. Prosper's online marketplace lets users lend money to other users, providing tools for vetting those borrowers and managing those loans. Prosper is based in San Francisco. More information »