From Prosper:
In light of recent news that LendingClub is closing its Notes platform effective December 31, 2020, we want to reassure you that Prosper remains committed to growing its retail Notes offering.
We know many of you invest on both Prosper and LendingClub's platforms. We always aim to match the supply of Prosper Notes available for investment with investor demand, and are prepared to increase the supply of Notes in response to additional inflows as investors re-allocate across platforms.
In light of recent news that LendingClub is closing its Notes platform effective December 31, 2020, we want to reassure you that Prosper remains committed to growing its retail Notes offering.
We know many of you invest on both Prosper and LendingClub's platforms. We always aim to match the supply of Prosper Notes available for investment with investor demand, and are prepared to increase the supply of Notes in response to additional inflows as investors re-allocate across platforms.