Prosper Marketplace is an online lending platform that connects people who want to borrow money with individuals and institutions that want to invest in consumer credit. The Company handles the servicing of the loan and collects and distributes borrower payments and interest back to the loan investors. Prosper verifies borrowers' identities and selects personal data before funding loans and manages all stages of loan servicing.

Employee Rating

3.6More
TypePrivate
HQSan Francisco, US
Founded2005
Size (employees)393 (est)
Websiteprosper.com
Prosper Marketplace was founded in 2005 and is headquartered in San Francisco, US
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Key People/Management at Prosper Marketplace

David Kimball

David Kimball

CEO
Usama Ashraf

Usama Ashraf

CFO
Nasos Topakas

Nasos Topakas

CTO
Julie Hwang

Julie Hwang

General Counsel
Kunal Kaul

Kunal Kaul

EVP Operations
Justine Metz

Justine Metz

EVP Marketing
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Prosper Marketplace Office Locations

Prosper Marketplace has offices in San Francisco and Phoenix
San Francisco, US (HQ)
221 Main Street, Suite 300
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Prosper Marketplace Financials and Metrics

Summary Metrics

Prosper Marketplace's latest funding round in September 2017 was reported to be $50 m. In total, Prosper Marketplace has raised $419.5 m. Prosper Marketplace's latest valuation is reported to be $1.9 b.
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Prosper Marketplace Revenue

Prosper Marketplace's revenue was reported to be $113.50 m in FY, 2017
USD

Revenue (Q2, 2018)

30.0m

Net income (Q2, 2018)

(12.6m)

EBIT (Q2, 2018)

3.1m

Market valuation

1.9b

Cash (30-Jun-2018)

58.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

15.2m81.3m200.8m132.9m113.5m

Revenue growth, %

342%151%(35%)

Cost of goods sold

2.1m

Gross profit

13.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

4.1m9.3m16.5m25.1m30.9m48.7m58.0m55.5m27.1m22.9m30.1m30.5m28.2m28.0m30.0m

Cost of goods sold

508.0k525.0k767.0k1.4m

Gross profit

3.6m8.8m15.7m23.7m

Gross profit Margin, %

88%94%95%94%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

18.3m50.6m66.3m22.3m45.8m

Accounts Receivable

218.0k3.2m2.4m757.0k683.0k

Inventories

PP&E

3.4m14.4m25.0m24.9m18.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

29.3m13.0m76.8m53.3m38.3m173.3m120.5m41.0m28.8m31.9m28.5m34.7m73.0m39.3m58.7m

Accounts Receivable

229.0k921.0k1.3m1.3m1.5m2.7m870.0k918.0k882.0k732.0k893.0k3.8m3.5m

PP&E

3.2m3.5m4.2m6.3m16.7m18.0m20.1m28.1m28.2m26.7m23.7m22.1m20.1m16.9m16.1m

Goodwill

16.8m16.8m36.4m36.4m36.4m36.4m36.4m36.4m36.4m36.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(27.2m)(2.7m)(26.0m)(118.7m)(115.2m)

Depreciation and Amortization

961.0k2.1m7.6m13.2m12.3m

Inventories

Accounts Payable

2.0m6.5m379.0k(2.3m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(24.8m)(2.2m)(2.2m)2.7m(7.3m)(13.5m)(17.3m)(17.5m)(53.1m)(70.5m)(24.0m)(65.4m)(92.4m)(11.4m)(24.0m)

Depreciation and Amortization

643.0k363.0k743.0k462.0k3.5m5.0m3.0m6.4m9.9m3.4m6.3m9.4m2.8m5.3m

Accounts Payable

(421.0k)1.4m3.7m2.8m7.5m(7.4m)(5.0m)(6.7m)(5.7m)(3.7m)(3.3m)(183.0k)2.5m

Cash From Operating Activities

(17.7m)(3.8m)(4.0m)4.9m2.6m(24.9m)(43.3m)(47.5m)(20.2m)(11.6m)(1.7m)(60.8m)(121.8m)
USDY, 2018

Revenue/Employee

78.9k

Financial Leverage

-2.5 x
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Prosper Marketplace Operating Metrics

Prosper Marketplace's Total Loans was reported to be $3.7b in Y, 2015.
Y, 2013Y, 2014Y, 2015

Total Loans

$750 m$2.50 b$3.70 b
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Prosper Marketplace Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Prosper DailySeptember 23, 2015
American HealthCare LendingJanuary 27, 2015$21 m
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Prosper Marketplace Online and Social Media Presence

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Prosper Marketplace News and Updates

Peer-to-Peer Lending 2018 Global Market Key Players - Peerform, Funding Circle Limited, Prosper Marketplace, Inc., Zopa Limited, CommonBond Inc., Upstart Network Inc.......

Peer-to-Peer Lending – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
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Prosper Marketplace Company Life and Culture

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Prosper Marketplace Frequently Asked Questions

  • When was Prosper Marketplace founded?

    Prosper Marketplace was founded in 2005.

  • Who are Prosper Marketplace key executives?

    Prosper Marketplace's key executives are David Kimball, Usama Ashraf and Nasos Topakas.

  • How many employees does Prosper Marketplace have?

    Prosper Marketplace has 393 employees.

  • What is Prosper Marketplace revenue?

    Latest Prosper Marketplace annual revenue is $113.5 m.

  • What is Prosper Marketplace revenue per employee?

    Latest Prosper Marketplace revenue per employee is $288.8 k.

  • Who are Prosper Marketplace competitors?

    Competitors of Prosper Marketplace include Zopa, Upstart Network and Lending Club.

  • Where is Prosper Marketplace headquarters?

    Prosper Marketplace headquarters is located at 221 Main Street, Suite 300, San Francisco.

  • Where are Prosper Marketplace offices?

    Prosper Marketplace has offices in San Francisco and Phoenix.

  • How many offices does Prosper Marketplace have?

    Prosper Marketplace has 2 offices.