The Bankwatch

Tracking the consumer evolution of financial services

Prosper raises another $20 million

TechCrunch reports Prosper has raised another $20 million, bring total raised so far to $40 million.

At time of writing this information has not made it to the Prosper site, so purpose of the funding is not clear, but I would speculate it is related to development to expand their model in ways that will enhance competitiveness with Zopa and others in the US.

Technorati tags:

Written by Colin Henderson

June 20, 2007 at 13:20

Posted in Social Lending

%d bloggers like this: