Prosper

Founded in 2005, Prosper Marketplace is America's first peer-to-peer lending platform. Its mission is to advance financial well-being by connecting people who want to borrow money with those who want to invest. The platform facilitates personal loans between $2,000 and $50,000 for various purposes, such as debt consolidation, home improvement, or major purchases. Investors can browse loan listings on the platform and select loans to invest in based on their risk tolerance, earning returns from interest paid by the borrowers. Prosper handles the loan servicing on behalf of the matched borrowers and investors.