Prosper

Another Silicon Valley company is settling with the SEC: the online lending company Prosper, which the SEC had accused of “miscalculating and materially overstating annualized net returns to ret

Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Lar

Earnest, a well-funded fintech startup with bold ambitions to create a modern financial institution, is selling to the student-loan company Navient for $155 million in cash. The WSJ was first to repor

Instacart CMO Cheryl Law is no longer at the company, TechCrunch has learned. Instacart confirmed the departure. We were tipped off about her departure a bit before the whole Amazon making a $13.7B bi

Marketplace lending may not be prospering now but a resurgence could be on deck.

The marketplace industry will be just fine. It is uncertainty – rather than a fundamental flaw in the business model – that is the root cause of the sector’s present turmoil. There’s uncertain

The meteoric rise of e-lending platforms attracted a lot of interest among investors and entrepreneurs. Lending Club and OnDeck have already become public companies, and their competitors, such as Fun

A year ago, privately held online lenders like <a target="_blank" href="https://www.prosper.com">Prosper</a>, <a target="_blank" href="https://www.sofi.com/">SoFi</a> and <a target="_blank" href="htt

As digital wallets increasingly become the origination point for consumer spending, they will become THE platform for downstream financial services -- creating an opportunity for startups and a proble

Lending, one of the biggest industries, is currently undergoing a transformation. As it was with the automobile industry transformation, a number of modern innovators will probably face serious diffic

Prosper Marketplace, the marketplace lender focused on refinancing and credit rehabilitation, has re-launched its BillGuard app (acquired last September) under its own brand as Prosper Daily. With

Lending Club, the largest P2P lending platform in the U.S., has seen its share price drop by more than 50 percent since December 10; the price per share on the NASDAQ Stock Market dropped from $14 to

2015 was not a good year for IPOs — it was actually the worst year for tech IPOs since the financial crisis in 2009. More and more startups are opting to remain private for longer periods of time. A

Prosper.com, a peer-to-peer lending marketplace in the U.S., has raised $70 million led by Francisco Partners, a private equity firm with Institutional Venture Partners (IVP) and Phenomen Ventures par

Prosper, a peer-to-peer lending platform, announced today that it has raised an additional $25 million. The round was led by Sequoia, a longtime investor in the company, with participation from BlackR

<a target="_blank" href="http://www.prosper.com/">Prosper.com,</a> a peer-to-peer lending marketplace in the U.S., has raised $20 million in new funding led by Sequoia, with the company's existing inv

<img src="http://tctechcrunch.files.wordpress.com/2010/04/prosp.png" class="snap_nopreview shot2" alt="" /><a href="http://www.prosper.com/">Prosper.com,</a> a popular peer-to-peer lending marketplace