Prosper

Prosper is a peer-to-peer lending platform that connects individual borrowers with investors willing to fund personal loans. It operates as an online marketplace, enabling people to borrow money at potentially lower interest rates while investors earn returns by funding these loans. Prosper assesses borrower creditworthiness to help manage risk and diversify investments. Essentially, it’s a way for individuals to access personal financing outside traditional banks, and for investors to diversify their investment portfolios through loans, promoting a more decentralized and transparent lending process.