January 30, 2015 5:28 PM ET

Internet Software and Services

Company Overview of Prosper Funding LLC

Company Overview

Prosper Funding LLC operates a peer-to-peer online credit platform to originate and service borrower loans and notes. Its platform enables its borrower members to borrow loans and its lender members to purchase borrower payment dependent notes issued by the company. The company is headquartered in San Francisco, California. Prosper Funding LLC is a subsidiary of Prosper Marketplace, Inc.

101 Second Street

15th Floor

San Francisco, CA 94105

United States

Phone:

415-593-5479

Key Executives for Prosper Funding LLC

Chief Executive Officer and Director
Age: 41
President and Director
Age: 49
Executive Chairman
Age: 68
Principal Financial Officer
Age: 46
Chief Operating Officer
Age: 37
Compensation as of Fiscal Year 2014.

Prosper Funding LLC Key Developments

Prosper Marketplace, Inc. and Prosper Funding LLC Appoint Joshua Tonderys to the Position of Chief Operating Officer

On January 13, 2015, the boards of Prosper Marketplace, Inc. and Prosper Funding LLC, respectively, appointed Joshua Tonderys to the position of Chief Operating Officer of PMI and Prosper Funding. Mr. Tonderys, age 38, also serves as PMI's Chief Risk Officer, a position he has held since September 2012.

Prosper Funding LLC announced delayed 10-Q filing

On 11/17/2014, Prosper Funding LLC announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Prosper Funding LLC Engages Deloitte & Touche LLP as Independent Registered Public Accounting Firm Instead of Burr Pilger Mayer, Inc

Burr Pilger Mayer Inc. (BPM), the independent registered public accounting firm of Prosper Funding LLC was dismissed by the company. Also, on October 23, 2014, the company engaged Deloitte & Touche LLP as its independent registered public accounting firm. The company's decision to dismiss BPM and to engage Deloitte was approved by the Audit Committee of the Board of Directors of the company on October 23, 2014.

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