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Prosper.com
Prosper Marketplace, Inc. is a San Francisco, California-based financial services company. Prosper Funding LLC, one of its subsidiaries, operates Prosper.com, a website where individuals can request to borrow money, open a credit card, or invest in Unsecured debt, personal loans. Overview Prosper Marketplace is America's first peer-to-peer lending marketplace, with over $23 billion in funded loans. Borrowers request personal loans on Prosper and investors (individual or institutional) can fund anywhere from $2,000 to $50,000 per loan request. Investors can consider borrowers’ credit scores, ratings, and histories and the category of the loan. Prosper handles the servicing of the loan and collects and distributes borrower payments and interest back to the loan investors. Prosper verifies borrowers' identities and select personal data before funding loans and manages all stages of loan servicing. Prosper's unsecured personal loans are fully amortized over a period of three or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peer-to-peer Lending
Peer-to-peer lending, also abbreviated as P2P lending, is the practice of loan, lending money to individuals or businesses through online services that match lenders with borrowers. Peer-to-peer lending companies often offer their services online, and attempt to operate with lower Overhead (business), overhead and provide their services more cheaply than traditional financial institutions. As a result, lenders can earn higher returns compared to savings and investment products offered by banks, while borrowers can borrow money at lower interest rates, even after the P2P lending company has taken a fee for providing the match-making Computing platform, platform and credit checking the borrower. There is the risk of the borrower defaulting on the loans taken out from peer-lending websites. Peer-to-peer fundraising encourages supporters of a charity or non-profit organisation to individually raise money. It's a subcategory of crowdfunding. Instead of having one main crowdfunding page ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prosper Marketplace Corporate Logo , a character in Shakespeare's play ''The ...
Prosper may refer to: __NOTOC__ Places in the United States * Prosper, Michigan, an unincorporated community * Prosper, Minnesota, an unincorporated community * Prosper, North Dakota, an unincorporated community * Prosper, Oregon, an unincorporated community * Prosper, Texas, a town People * Prosper (name), a list of people and fictional characters with the name Other uses * PROSPER, a computer programming language invented by Earl Isaac in the early 1970s * ''Prosper'' (TV series), a 2024 Australian TV series * Prosper Marketplace, a business that allows online person-to-person lending and borrowing See also * Prosperity, a state of overall flourishing and good fortune * Prospero Prospero ( ) is a fictional character and the protagonist of William Shakespeare's ''The Tempest''. Character Twelve years before the play begins, Prospero is usurped from his position as the rightful Duke of Milan by his brother Antonio, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microfinance
Microfinance consists of financial services targeting individuals and small businesses (SMEs) who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings account, savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance product and services in MFI include: # Savings # Microcredit # Microinsurance # Microleasing and # Fund transfer/remittance. Microfinance services are designed to reach excluded customers, usually low income population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Peck Christen, Robert; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pierre Omidyar
Pierre Morad Omidyar (born Parviz Morad Omidyar, June 21, 1967) is a French-born Iranian-American billionaire and the grandson of General Mahmud Mir-Djalali. A technology entrepreneur, software engineer, and philanthropist, he is the founder of eBay, where he served as chairman from 1998 to 2015. Omidyar and his wife Pamela founded Omidyar Network in 2004. , ''Forbes'' ranked Omidyar as the 245th-richest person in the world with an estimated net worth of $8.7 billion. Omidyar is a long-term Democratic Party donor. Since 2010, he has been involved in online journalism as the head of investigative reporting and public affairs news service '' Honolulu Civil Beat''. In 2013, he announced that he would create and finance First Look Media, a journalism venture to include Glenn Greenwald, Laura Poitras, and Jeremy Scahill. Early life and education Parviz Morad Omidyar was born on June 21, 1967, in Paris, the son of Iranian parents who had immigrated to France for higher ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EBay
eBay Inc. ( , often stylized as ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. Sales occur either via online auctions or "buy it now" instant sales, and the company charges commissions to sellers upon sales. eBay was founded by Pierre Omidyar in September 1995. It has 132 million yearly active buyers worldwide and handled $73 billion in transactions in 2023, 48% of which were in the United States. In 2023, the company had a take rate (revenue as a percentage of volume) of 13.81%. The company is listed on the Nasdaq Global Select Market and is a component of the S&P 500 and formerly the Nasdaq-100. eBay can be used by individuals, companies and governments to purchase and sell almost any legal, non-controversial item. eBay's auctions use a Vickrey auction (sealed-bid) proxy bid system. Buyers and sellers may r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omidyar Network
Omidyar Network is a self-styled "philanthropic investment firm," composed of a foundation and an impact investment firm. Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, Omidyar Network has committed over US$1.5billion to nonprofit organizations and for-profit companies across multiple investment areas. As of 2022, the organization has offices in Silicon Valley, Bengaluru, London, Mumbai, Nairobi, and Washington, D.C. History The Omidyar Network comprises a 501(c)(3) and a Limited Liability Company (LLC), and part of The Omidyar Group. It was established in 2004 by Pierre Omidyar and his wife Pam. In 2018, Omidyar Network spun off its Governance & Citizen Engagement initiative. The group now operates as Luminate, a global philanthropic organization that invests in civic empowerment, data and digital rights, financial transparency, and independent media. It is led by Stephen King. In 2019, Omidyar Network spun off its Financial Inclusion initiative. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fidelity Ventures
Fidelity is the quality of faithfulness or loyalty. Its original meaning regarded duty in a broader sense than the related concept of ''fealty''. Both derive from the Latin word , meaning "faithful or loyal". In the City of London financial markets it has traditionally been used in the sense encompassed in the motto "my word is my bond". In moral philosophy In moral philosophy, fidelity refers to a person who keeps agreements. Strong fidelity refers to a person who keeps agreements even if not mutually beneficial to the other person. Audio and electronics In audio, "fidelity" denotes how accurately a copy reproduces its source. In the 1950s, the terms "high fidelity" or "hi-fi" were popularized for equipment and recordings which exhibited more accurate sound reproduction. For example, a worn gramophone record will have a lower fidelity than one in good condition, and a recording made by a low budget record company in the early 20th century is likely to have significantly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Draper Fisher Jurvetson
Draper Fisher Jurvetson (DFJ) is an American venture capital firm. In January 2019, DFJ Venture, the early-stage team, spun out and formed Threshold Ventures. DFJ Growth continues to be managed by co-founder John Fisher and co-founders Mark Bailey, Randy Glein, and Barry Schuler. History DFJ was founded in 1985 by Tim Draper. John Fisher became a partner in 1991 and Steve Jurvetson joined in 1994. In 2013, founding partner Draper announced his departure from future DFJ Venture funds, with John Fisher continuing in his role with DFJ Growth. Draper announced he will continue investing out of an early stage venture fund Draper Associates V and assisting his son in running an incubator. In November 2017, Jurvetson stepped down from his position at DFJ after allegations of sexual harassment. DFJ Growth's investments include Anaplan, Coinbase, Cylance, Ring, Sisense, SpaceX, Tesla, Twitter, Unity, and Yammer. Organization DFJ Growth is headquartered in Menlo Park, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DAG Ventures
DAG Ventures is an American venture capital firm based in Palo Alto, California. DAG Ventures works with startups in providing early stage and growth stage funding. Since its founding in 2004, by Tom Goodrich and John Cadeddu, the firm has backed nearly 180 ventures, including Ambarella Inc., Armo Biosciences, Eventbrite, Fireeye, Glassdoor, Grubhub, Nextdoor, Wealthfront, Wix.com, Yelp, and Zettle. Funds DAG Ventures was created out of Duff Ackerman & Goodrich, a private investment firm formed in 1991. In June 2011, DAG Ventures announced their fifth fund. In 2019, founding members of DAG Ventures launched a new venture fund, the Corner Ventures DAG Fund. Investments DAG Ventures has invested in almost 250 startups, since its inception in 2004. Notable ones are including, References External links *{{official website, www.dagventures.com Venture capital firms of the United States Financial services companies established in 2004 Companies based in Palo Alto, Califo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benchmark Capital
Benchmark is a venture capital firm founded in 1995 by Bob Kagle, Bruce Dunlevie, Andy Rachleff, Kevin Harvey, and Val Vaden. The firm is known for its equal partnership structure and focus on early-stage investing, typically leading the first institutional round of funding while taking a board seat with each company it invests in. Founding, partner structure Benchmark was founded in 1995 by five partners: Bob Kagle, Bruce Dunlevie, Andy Rachleff, Kevin Harvey, and Val Vaden. The firm is noted for creating the first equal ownership and compensation structure for its partners, where there are no "junior partners" or "senior partners," and there are also no CEO-like position held, differing from other VC firms which are named for their founders and are structured hierarchically. The firm has stated the reason for maintaining this approach is to "force discipline and accountability to focus on what matters" for its founders and limited partners, as their profits are driven b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accel Partners
Accel, formerly known as Accel Partners, is a global venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, and India. History In 1983, Accel was founded by Arthur Patterson and Jim Swartz. The co-founders developed the firm's "prepared mind" investment philosophy based on the Louis Pasteur quote "chance favors the prepared mind", which they say requires "deep focus" and a disciplined and informed approach to investing. In 2005, Accel Partners under the leadership of Jim Breyer, invested $12.7 million in Facebook, valuing the company at $98 million. This investment became one of the most lucrative in venture capital history with Accel’s stake increasing to $8 billion by 2012. Investments and fundraises In January 2025, Accel raised $650 million early stage fund for startups in India and South East Asia Accel focuses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
