Prosper is U.S. based company providing an online money exchange, allowing people who have money to lend to provide it directly to people wanting to borrow it, without the need to go through banks. Prosper uses the Internet to make consumer lending more efficient, fair, honest, open, and trustworthy.
www.docprosper.com is a website that describes Prosper in detail, offering hints, tips, tricks and news. DocProsper is ran by a Prosper group leader. Click here to go directly to my Prosper group. Prosper is the first Person to Person lending ( P2P lend ) platform in the United States.
My Name is Gary, AKA DocProsper. I was invited to be a beta tester for a project called CircleOne in November 2005. CircleOne is now out of it's stealth testing phase and is called Prosper. I run DocProsper's Credit Community on the Prosper platform. The group has 100% shared rewards. This site was built to keep it that way. I see myself as a Prosper historian and future stockholder. Much like eBay in it's early day, these are exciting times for a young company named Prosper and a concept called P2P lending.
We have an Prosper discussion group on eBay Click here if you are an eBayer
Chris Larson Pierre & Pam Omidyar
CEO of Prosper Founder of eBay
Prosper generates revenue by collecting a one-time 1% fee on funded loans from borrowers, and assessing a 0.5% annual loan servicing fee to lenders. Backed by Accel Partners, Benchmark Capital, Fidelity Ventures, and Omidyar Network, Prosper has raised approximately $20 million. Prosper's marketplace platform is patent pending.
Zopa in Europe, expects to open a US office in Q2 2006 www.zopa.com and may become competition. I doubt it thought! As I think Americans would much rather PROSPER than Zopa. Americans are using Prosper for all kinds of loans, such as business, personal, startup, credit card consolidation, vacation and even breast enhancement financing.
