Prosper Raises Additional Financing
Apr 6th, 2010 by admin
The social banking industry seems to be going through a sort of revival. Right in the nick of time, Prosper announced a further financing round to the tune of between $13.3 - $15.8 million for mid April. (via)
Picture of Social Banking: Prosper Raises Additional Financing - Up To $15.8 Million [source:excitingcommerce.com]
Prosper.com, the worlds largest peer-to-peer lending marketplace with nearly one million members and over 32,000 funded loans totaling over $193 million, today announced that the company entered into a Letter of Intent with new and existing investors for a Series D round in the range of $13.3 million to $15.8 million. Prosper expects the closing to happen no later than April 15, 2010. Prosper has raised a total of $43 million to date.
In the US, Lending Club is another important industry player, whereas the leader in the social banking industry is the British Zopa, which recently turned 5.
Originally posted in German by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.[source:excitingcommerce.com]
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