September 02, 2014 10:59 PM ET

Diversified Financial Services

Company Overview of Prosper Marketplace, Inc.

Company Overview

Prosper Marketplace, Inc. owns and operates as a peer-to-peer lending marketplace to originate and service borrower loans and notes in the United States. Its platform allows people to invest money in people in an open marketplace aiming to profit lender and borrower members financially, as well as socially. The company’s platform matches individuals who wish to obtain consumer loans with those who are willing to help fund those loans. It provides loans for debt consolidation; business use, such as financing home-based or small businesses; home improvement; financing the purchase of an automobile; and others. The company attracts lender members and borrowers to its Website through various sou...

101 Second Street

15th Floor

San Francisco, CA 94105

United States

Founded in 2005

148 Employees



Key Executives for Prosper Marketplace, Inc.

Chief Executive Officer
Age: 41
Age: 49
Executive Chairman
Age: 68
Chief Financial Officer
Executive Vice President of Technology and Operations
Age: 44
Compensation as of Fiscal Year 2014.

Prosper Marketplace, Inc. Key Developments

Prosper Marketplace Appoints Nigel W. Morris as Director

Prosper Marketplace announced that Capital One Co-Founder Nigel W. Morris has joined the board of directors of its parent company, Prosper Marketplace. The announcement follows the large month ever for the company, with $124 million in loans originated in May. Morris is currently the managing partner of QED Investors, a venture capital fund focused on high-growth companies that leverage the power of data strategies. In 1994, Morris co-founded Capital One Financial Services. Over the course of his ten-year tenure as President and Chief Operating Officer, Capital One pioneered an information-based strategy that fundamentally transformed the consumer lending industry. A Fortune 500 company, Capital One is now one of the most widely recognized brands in America.

Prosper Marketplace, Inc. Presents at Milken Institute Global Conference 2014, Apr-29-2014 09:30 AM

Prosper Marketplace, Inc. Presents at Milken Institute Global Conference 2014, Apr-29-2014 09:30 AM. Venue: Lon Angeles, California, United States. Speakers: Ronald Suber, President.

Prosper Marketplace, Inc. Names Macy Lee as Chief Financial Officer

Prosper Marketplace, Inc. announced it has named former eBay Australia CFO Macy Lee as Chief Financial Officer. As CFO, Lee will work closely with CEO Aaron Vermut, Executive Chairman Stephan Vermut, and President Ron Suber to manage the company's rapid growth and expansion as more people turn to peer-to-peer lending to borrow money to refinance high-interest debt, fund large purchases, as well as invest money in a new asset class that delivers consistent returns. As CFO of eBay Australia, Macy was responsible for Controllership, FP&A, Strategy, Business Analytics, and Facilities. She was instrumental in helping the company define and execute its business strategy, and consistently delivered competitive, operational and customer insights that drove business results. Before her position as CFO, Macy spent nearly 12 years in various finance and business roles at PayPal and eBay, including Finance Director of the Global Core Payments, Risk Management and Emerging Markets divisions of the company.

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