Prosper System Upgrade This Weekend

September 8, 2013
By Prosper

In my previous updates, I have mentioned that we are working on some exciting things here at Prosper this summer. This weekend, the Prosper team worked very hard to implement some much needed improvements and updates to the borrower onboarding experience. We are happy to announce these changes are complete and live on our site. We will resume our normal loan-posting schedule Monday at 9 AM.? With this upgrade complete, we will be in a better position to bring more borrowers on to the platform and provide our lenders with a larger volume of loans to choose from. ?The key changes we made are:

Our focus this year has been on building a foundation from which we can provide better service to borrowers and lenders along with scaling the activity on the platform in a more cost effective manner. This update was a critical part of achieving these goals.?The Prosper platform will continue to evolve and grow as we understand the needs of our increasing member base.

Thank you for your patience this weekend while we worked on what turned out to be a very large implementation. ?Feel free to leave any questions, comments, feedback, etc. below.

Aaron Vermut
President, Prosper Funding LLC

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