49 in Fast Company's 50 most Innovative Companies
I had to share this from FastCompany.com since I have been with Prosper for over a year now and I love this company.
February 15, 2008
By:Kevin Ohannessian
"What we're really trying to do is to create an eBay for money and credit," says Chris Larsen, CEO of two-year-old Prosper.com (and founder of E-Loan, which he sold in 2005). The company melds the debt market with online social networking, allowing people to borrow money from one another -- and lend it -- without any banks in the middle. So far, Prosper has facilitated the transfer of more than $100 million. Borrowers include stretched homeowners, college-goers, credit-card junkies, and entrepreneurs; lenders are average folks, including Larsen himself (who has funded more than 450 loans).
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