Prosper Statistics and User Count for 2024
Last Updated on: January 6th, 2024
Here are a few of the most interesting Prosper statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Prosper Facts
Here is pretty much everything you ever wanted to know about Prosper.
- Website: Official Website
- Year Founded: 2005
- Headquarters: San Francisco, CA
- Founder(s): Chris Larsen, John Brown Witchel
- Current Chief Executive: David Kimball
Prosper Marketplace, Inc., commonly known as Prosper, is an American peer-to-peer lending platform. It was founded in 2005 and is headquartered in San Francisco, California.
Prosper operates an online marketplace that connects borrowers in need of personal loans with individual investors looking to lend money and earn interest. The platform uses a peer-to-peer lending model, where borrowers can apply for loans, and investors can choose to fund those loans by investing in them.
Borrowers on Prosper can request loans for various purposes, such as debt consolidation, home improvement, medical expenses, or other personal financial needs. They complete an application process and, if approved, receive loan offers from multiple investors. Once a loan is funded, borrowers make monthly repayments that include both principal and interest.
Investors on Prosper have the opportunity to diversify their investment portfolio by lending to multiple borrowers across different loan listings. They can review borrower profiles, credit history, and other relevant information before deciding which loans to fund. Investors earn returns on their investments through the interest paid by borrowers over the loan term.
Prosper facilitates the loan origination and servicing process, including underwriting, documentation, and collection of payments. The platform also provides tools and resources to help investors evaluate risk and make informed investment decisions.
Prosper has implemented various risk management measures and credit underwriting criteria to assess borrower creditworthiness and minimize the risk of default. The platform assigns each loan a Prosper Rating, which indicates the estimated credit risk associated with the loan.
Since its launch, Prosper has facilitated billions of dollars in loan originations and has attracted a large community of borrowers and investors. The platform aims to provide access to affordable loans for borrowers and opportunities for individuals to invest in consumer credit.
Prosper Statistics
Prosper Revenue Totals
Prosper annual revenue:
- 2021: $115 million
- 2020: $93 million
- 2019: $142 million
- 2018: $104 million
- 2017: $116 million
- 2016: $136 million
- 2015: $204 million
- 2014: $81 million
Prosper annual net loss:
- 2021: $138 million
- 2020: $18 million profit
- 2019: $13 million
- 2018: $39 million
- 2017: $115 million
- 2016: $118 million
- 2015: $25 million
- 2014: $2 million
Additional Statistics
Total amount borrowed on Prosper:
Number of loans made through Prosper:
Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
Related Categories:
