Tuesday, January 27, 2015

Prosper Buys Healthcare Financing Provider

San Francisco-based peer-to-peer lending site Prosper announced this morning that it has acquired American Healthcare Lending, a online, financing platform for the cosmetic and other surgery markets, in a deal worth $21M in cash. Prosper explained the acquisition will help it expand its product capabilities and offerings, and specifically grow awareness of Prosper as a way to finance elective medical procedures. American Healthcare Lending was based in Salt Lake City, Utah.