Prosper Rebrands BillGuard as Prosper Daily
Marketplace Lender, Prosper Loans relaunched expenses tracking app BillGuard under its own brand as Prosper Daily.
The P2P lender acquired BillGuard, a personal finance management app for $30 million in September 2015. Relaunched as Prosper Daily, the app lets users view financial accounts, budget, spend and monitor credit scores.
Prosper started as a marketplace in 2005 for personal loans ranging from $2,000 to $35,000. This is the San Francisco-based company’s attempt at evolving as a personal finance company. “We’re excited to be the first marketplace lender to offer a financial wellness app to consumers,” said Prosper CEO Aaron Vemut.