To improve the investing experience for Prosper’s community, Prosper recently made a change to its platform. Prosper started increasing the allocation of loans to the fractional pool over the last week, so that retail investors can invest more in the fractional pool faster and easier.
Prosper’s CEO, Aaron Vermut, alluded to this change earlier this year, and Prosper is pleased to say that by the end of 2015 the retail investor experience should improve even further. Prosper’s goal is to ultimately have an equal allocation of loans between the fractional and whole loan pool. Prosper plans to continue increasing the allocation of loans to the fractional pool in the future, assuming there continues to be demand from retail investors for investing in the categories of loans available on Prosper’s platform.
Prosper is excited to roll out this change to its community, and Prosper is confident it will further build upon the investing experience with Prosper.