Prosper - an E-Loan Marketplace

E-LOAN Co-Founder and Technology Entrepreneur Unveil the Next Evolution of Consumer Lending; An ''eBay for Credit'' for Loans up to $25,000.

In February 2006, Chris Larsen, co-founder of E-LOAN, and John Witchel, technologist and entrepreneur, formally announced the public debut of Prosper.com, America's first people-to-people lending marketplace, after two years of development.

The loan statistics as of October, 2006, are available here.

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