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Prosper.com - or online lending gets popular
Filed in archive Venture Capital by tj on March 21, 2006
Prosper.com - or online lending gets popular
After Zopa in the UK, Prosper has started in the US. The idea seems to work well as communities and groups spread teh lending risks to several individuals. Although it seems still a little early to say as many loans are not yet due to be repaid now. It's interesting to see how the sites cope with the torrent of potential bad debtors.

At least Prosper's marketing is excellent - just launched they got a NYT article and have been featured on CBS 5.

Good luck!

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Tags: online  lending  popular  prosper  technology  gets+popular  lending+gets  venture+capital 
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