P2P Lending Platform Prosper Nets $75M

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Prosper, the US peer-to-peer lending platform, announced a fresh $75 million infusion from Neuberger Berman. The additional funding will help with a recent increase in demand for its investment, credit card, home equity, and personal loan products. The company’s credit card product, which debuted last December, currently has more than 150,000 subscribers.Prosper also recently introduced a new fixed-rate home equity loan product to complement its current home equity line credit product.

P2P Lending Platform Prosper Nets $75M