San Francisco – June 27, 20205 – Prosper Market (“Prosper”), the primary peer-to-peer lending platform in america, and Alliant Credit score Union (“Alliant”), the most important credit score union in Illinois and one of many largest within the nation, at the moment introduced the primary anniversary of their strategic partnership, which has surpassed $325 million in loans to over 15,000 distinctive debtors.
The partnership allows Prosper to supply entry to versatile and inexpensive credit score choices to extra shoppers that assist a variety of monetary objectives—from consolidating high-interest debt to overlaying main life bills. For Alliant, the partnership displays its dedication to innovation and monetary empowerment, supporting its mission to supply good, accessible monetary options.
“We’ve been thrilled to companion with such a like-minded monetary establishment, whose member-first philosophy carefully aligns with our mission to advance monetary well-being,” stated Usama Ashraf, President & Chief Monetary Officer of Prosper. “The outstanding success of our first 12 months underscores our joint dedication to innovation and collaboration.”
“Our collaboration with Prosper exemplifies Alliant’s dedication to leveraging innovation to ship significant monetary options. By aligning with a companion that shares our values and imaginative and prescient, we’re capable of prolong our attain and impression, serving to extra individuals obtain monetary well-being with confidence and readability.”
— Charles Krawitz, Government Vice President and Chief Capital Markets Officer, Alliant Credit score Union
Trying forward, Prosper and Alliant are dedicated to increasing their partnership with plans to assist much more People obtain their desires within the years to return.
About Prosper:
Based in 2005, Prosper launched U.S. shoppers to an progressive new method to private finance known as peer-to-peer lending. Twenty years later, Prosper has helped over 2 million prospects obtain monetary well-being by way of a complete suite of merchandise.
Prosper’s flagship private mortgage* market continues to supply a novel worth for debtors and buyers alike. Residence fairness loans and contours of credit score by way of Prosper present owners a variety of choices and selections for tapping into the fairness they’ve labored arduous to construct. The Prosper® Card helps individuals searching for entry to credit score and suppleness in managing their funds.
Whatever the product, Prosper is devoted to assembly individuals the place they’re of their monetary journey, with the intention to advance their monetary well-being. Be taught extra at www.prosper.com.
*All private loans made by WebBank.
The Prosper® Card is an unsecured bank card issued by Coastal Neighborhood Financial institution, Member FDIC, pursuant to license by Mastercard® Worldwide.
All dwelling fairness merchandise are underwritten and issued by Prosper’s Lending Companions. Please see your settlement for particulars.
Prosper Funding LLC
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Media Contact:
Alex Shafer/Madison Vance
JConnelly for Prosper
[email protected]
About Alliant Credit score Union:
Alliant Credit score Union is a nationwide digital monetary establishment with over 900,000 members and $20 billion in belongings, targeted on innovation and disrupting the normal banking mannequin. Alliant maintains a few of the trade’s finest value constructions whereas delivering members the very best merchandise, charges, and worth. Persistently acknowledged as among the best monetary establishments, Alliant was named one among CNBC’s High Credit score Unions and Forbes Finest Credit score Union for Digital Banking. Headquartered in Chicago and based in 1935, Alliant is likely one of the largest credit score unions in america.
Media Contact: Natalie Symonds
