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Private company

Prosper Marketplace

Logo: Jbburke379, CC BY-SA 4.0, via Wikimedia Commons4

Peer-to-peer lending service

Prosper Marketplace, Inc. is a San Francisco, California-based financial services company that operates Prosper.com, a peer-to-peer lending platform. Founded in 2005, Prosper enables individuals to apply for personal loans, open credit cards, or invest in consumer credit through a marketplace model. The platform connects borrowers and investors directly, with the loan amounts ranging from $2,000 to $50,000.3 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2005Founded1
  • Industrycrowdfunding industry, financial services1
  • HeadquartersSan Francisco1
  • Websitewww.prosper.com
  • Incorporated inDE5
  • Business address221 Main Street, 3Rd Floor, San Francisco, Ca 941055
  • Filer categoryNon-accelerated filer5

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Prosper Marketplace, Inc. is a San Francisco, California-based financial services company that operates Prosper.com, a peer-to-peer lending platform. Founded in 2005, Prosper enables individuals to apply for personal loans, open credit cards, or invest in consumer credit through a marketplace model. The platform connects borrowers and investors directly, with the loan amounts ranging from $2,000 to $50,000. Since its launch, Prosper has facilitated over $23 billion in personal loans.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-16.8%Net margin8
22.6%Revenue growth, 20258
$119.6MFree cash flow8

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs100¢$212.4M
  • Income tax0¢$168.0K

Out of $212.5M in revenue.8 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending11¢$14.8M
  • Kept or used elsewhere89¢$119.6M

Out of $134.3M of cash from operations.8

Financial statements

Revenue91011128$212.5M in 2025+50% since 2019
0$100.0M$200.0M$300.0M2019: $142.0M$142.0M20192020: $103.2M$103.2M2020−27%2021: $144.6M$144.6M2021+40%2022: $199.9M$199.9M2022+38%2023: $137.7M$137.7M2023−31%2024: $173.4M$173.4M2024+26%2025: $212.5M$212.5M2025+23%
Net income131011128-$35.7M in 2025+160% since 2019
-$200.0M-$100.0M0$100.0M2019: -$13.7M-$13.7M20192020: $18.6M$18.6M20202021: -$138.3M-$138.3M20212022: $70.6M$70.6M20222023: -$106.5M-$106.5M20232024: -$54.1M-$54.1M2024−49%2025: -$35.7M-$35.7M2025−34%
Fiscal year2019202020212022202320242025
Revenue$142.0M9$103.2M10$144.6M11$199.9M12$137.7M8$173.4M8$212.5M8
Operating expenses$282.9M11$129.0M12$244.1M8$227.3M8$248.1M8
Income before tax-$138.3M11$70.9M12-$106.4M8-$54.0M8-$35.5M8
Income tax$100.0K13$16.0K10$71.0K11$295.0K12$78.0K8$116.0K8$168.0K8
Net income-$13.7M13$18.6M10-$138.3M11$70.6M12-$106.5M8-$54.1M8-$35.7M8
Earnings per share-$0.1813$0.0810-$1.9511$0.3212-$1.408-$0.708-$0.468
Earnings per share (diluted)-$0.1813$0.0210-$1.9511$0.0712-$1.408-$0.708-$0.468
Shares (weighted, basic)70.8M shares1173.3M shares1276.1M shares877.2M shares877.9M shares8
Shares (weighted, diluted)70.8M shares11348.6M shares1276.1M shares877.2M shares877.9M shares8

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Corporate structure

Prosper Marketplace sits at the top of its group. 8 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Prosper Marketplace San Francisco
    • BillGuard, Inc. Subsidiary · Delaware, United States
    • Prosper Credit Card 2024-1 Issuer LLC Subsidiary · Delaware, United States
    • Prosper Funding LLC Subsidiary · Delaware, United States
    • Prosper Grantor Trust Subsidiary · Delaware, United States
    • Prosper Healthcare Lending LLC Subsidiary · Delaware, United States
    • Prosper Marketplace Issuance Trust, Series 2023-1 Subsidiary · Delaware, United States
    • Prosper Marketplace Issuance Trust, Series 2024-1 Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Prosper Marketplace reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$46.8M8 Dec 31, 2025$30.3M8 Dec 31, 2024+54.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$36.4M8 Dec 31, 2025$36.4M8 Dec 31, 20240%

Properties, in its own words

Our corporate headquarters, including our principal administrative, marketing, technical support and engineering functions, is located in San Francisco, California, where we lease approximately 35,200 square feet of office space under a lease that will expire May 31, 2028. We have also entered into leases for approximately 44,500 square feet of office space located in Arizona and Utah. We believe that our facilities are adequate to meet our current needs and that suitable additional alternative spaces will be available in the future on commercially reasonable terms.

Item 2 of the 10-K filed Mar 26, 2026.18

The story

History

Prosper opened to the public on February 5, 2006, and was founded by Chris Larsen (the founder of E-loan) and John Witchel. From 2006 to 2009, Prosper operated a variable rate model. Prosper acted as an eBay-style online auction marketplace, with lenders and borrowers ultimately determining loan rates using a Dutch auction-like system. Effective December 19, 2010, Prosper filed a new prospectus with the SEC, changing its business model to use pre-set rates determined solely by Prosper based on a formula evaluating each prospective borrower's credit risk.

Since its 2009 relaunch, Prosper received a Series D funding round of $14.7M in April 2010 with participation from all previous investors as well as new investors CompuCredit and TomorrowVentures. TomorrowVentures is an investment vehicle funded by Google Executive Chairman Eric Schmidt.

Bloomberg BusinessWeek reported on November 11, 2010, that Prosper was seeking additional funding and Prosper received an additional funding infusion in a Series E round on June 3, 2011. According to Prosper's SEC filing, the company raised $17.15 million by selling additional shares at an average of approximately $0.738/share. Series E investors included Draper Fisher Jurvetson, Crosslink Capital, Accel Partners, Agilus Ventures and TomorrowVentures.

In January 2013, Prosper received $20 million in funding led by Sequoia Capital, followed by $25 million in September 2013 led by Sequoia Capital and BlackRock. In May 2014, Prosper announced a $70 million funding round led by Francisco Partners. Credit Suisse's NEXT fund led an investment of $165 million in Prosper in April 2015. In 2017, Prosper raised US$50 million in a Series G round, led by FinEX Asia's private equity division.

In April 2025, Prosper entered into a $500 million forward flow agreement with Fortress Investment Group and Edge Focus. This partnership is designed to expand Prosper's personal loan marketplace by providing dedicated capital support loan originations.

2025 Data breach

On 18 September 2025, Prosper announced that it had detected unauthorised access to their systems. According to cybersecurity researcher Troy Hunt from Have I Been Pwned?, the breach impacted 17.6 million unique email addresses as well as other customer data including dates of birth, names, credit status information, government issued IDs, IP addresses and physical addresses. Responding to an inquiry by The Register, Prosper stated it was not able to validate the claim made by Hunt, as their own investigation into the breach was still ongoing.

From Wikipedia’s article on Prosper Marketplace, shared under CC BY-SA 4.0.6

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • BillGuard, Inc. Delaware7
  • Prosper Credit Card 2024-1 Issuer LLC Delaware7
  • Prosper Funding LLC Delaware7
  • Prosper Grantor Trust Delaware7
  • Prosper Healthcare Lending LLC Delaware7
  • Prosper Marketplace Issuance Trust, Series 2023-1 Delaware7
  • Prosper Marketplace Issuance Trust, Series 2024-1 Delaware7

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • PROSPER MARKETPLACE, INCApr 13, 2015 to Oct 9, 20265
  • PROSPER MARKETPLACE INCOct 30, 2007 to Apr 13, 20155

Timeline

  1. Jan 7, 20268-K Entered a material agreement19
  2. Nov 18, 20258-K Entered a material agreement; Ended a material agreement; New debt or obligation20
  3. Sep 17, 20258-K Other events21
  4. 2005Founded Founded1

Filings

3,457 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 15 major events, 3,422 other. The latest 20:

  1. Oct 15, 2026424B3 EDGAR
  2. Oct 15, 2026424B3 EDGAR
  3. Oct 15, 2026424B3 EDGAR
  4. Oct 15, 2026424B3 EDGAR
  5. Oct 15, 2026424B3 EDGAR
  6. Oct 15, 2026424B3 EDGAR
  7. Oct 15, 2026424B3 EDGAR
  8. Oct 15, 2026424B3 EDGAR
  9. Oct 15, 2026424B3 EDGAR
  10. Oct 15, 2026424B3 EDGAR
  11. Oct 15, 2026424B3 EDGAR
  12. Oct 15, 2026424B3 EDGAR
  13. Oct 9, 2026424B3 EDGAR
  14. Oct 9, 2026424B3 EDGAR
  15. Oct 9, 2026424B3 EDGAR
  16. Oct 9, 2026424B3 EDGAR
  17. Oct 9, 2026424B3 EDGAR
  18. Oct 6, 2026424B3 EDGAR
  19. Oct 6, 2026424B3 EDGAR
  20. Oct 6, 2026424B3 EDGAR

The 3,457 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$8.4M 2020–2020
Money received by yearMoney received by year, 2020–2020: $8.4M in all. PPP loans $8.4M.$0$2.5M$5M$7.5M$10M2020 · PPP loans: $8.4M2020
Figures by year
YearPPP loansTotal
2020$8.4M$8.4M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA22. Matched to this company by name and state.

  1. Apr 15, 2020$8.4M PPP loan (first draw) from Broadway National Bank22To PROSPER MARKETPLACE INC., San Francisco CA; $8.6M forgiven Mar 16, 2022

SEC filer profile

How Prosper Marketplace is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPROSPER MARKETPLACE, INC2
  • CIK0001416265
  • Employer ID (EIN)73-173386718
  • Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inDelaware18
  • Fiscal year endsDecember 312
  • Industry code (SIC)6199 Finance Services2
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance2
  • Business address221 Main Street, 3Rd Floor, San Francisco, CA 941052
  • Phone415-593-54002
  • Shares outstanding78,914,214 as of May 11, 202616
  • Public float$0 as of Jun 30, 20258
  • AuditorDELOITTE & TOUCHE LLP, San Francisco, CA PCAOB ID 34; no auditor attestation of internal control over financial reporting18
  • On EDGAR sinceOct 30, 20072
  • Filings12,101 in all: 424B3 (11,732), 8-K (72), 10-Q (52), POS AM (37), EFFECT (32), UPLOAD (30), CORRESP (27), S-1/A (20)2
    All 27 form types

    10-K (17), 424B4 (13), S-8 (13), 8-K/A (9), CT ORDER (9), D (8), S-1 (7), S-8 POS (5), SC TO-I/A (4), NT 10-Q (3), 10-K/A (2), RW (2), 10-Q/A (1), 424B5 (1), AW (1), D/A (1), FWP (1), NT 10-K (1), SC TO-I (1)

  • Latest filingsAnnual report (10-K) Mar 26, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Latest 8-K (8-K) Jan 7, 2026

Risk factors and legal proceedings

The risks Prosper Marketplace names in Item 1A of its 10-K filed Mar 26, 2026: 71 risks under these headings, as written.18

  • RISKS RELATED TO PFL, PMI, OUR CREDIT CARD PRODUCT, AND OUR OPERATION OF THE PERSONAL LOAN MARKETPLACE
  • We have incurred operating losses in prior years and may continue to incur net losses in the future.
  • The Term Loan, and any additional indebtedness we incur in the future, could adversely affect our business and financial results.
  • Human error in the operation of our platform has resulted in the allocation of Borrower Loans to our Note Channel which did not conform to the eligibility criteria applicable to Borrower Loans at the time of allocation. If we are unable to prevent the reoccurrence of similar errors, our business and investors could be adversely impacted.
  • We have experienced errors on our platform that have resulted in incorrect reporting of performance returns to Note investors. If we are unable to prevent the reoccurrence of similar errors, investors could be adversely impacted.
  • Arrangements for back-up servicing of the Borrower Loans are limited. If PMI fails to maintain operations or the Administration Agreement is rejected or terminated (in bankruptcy or otherwise), investors may experience a delay and increased cost in respect of their expected principal and interest payments on Notes, and PFL may be unable to collect and process repayments from borrowers.
  • A relatively small number of investors provide the funding for a large percentage of all Borrower Loans originated through our marketplace.
  • Our business could be adversely affected by a weakening market for securities backed by consumer assets.
  • Although PFL has been organized in a manner that is intended to minimize the likelihood that it will become subject to a bankruptcy proceeding, if this were to occur, the rights of holders of the Notes could be uncertain, and payments on the Notes may be limited, suspended or stopped. The recovery, if any, of a holder on a Note may therefore be substantially delayed and substantially less than the principal and interest due and to become due on the Note.
  • If PFL becomes subject to a bankruptcy or similar proceeding, borrowers may delay payments or cease making payments at all.
  • If PFL becomes subject to a bankruptcy or similar proceeding, interest accruing on the Notes upon and following such bankruptcy or similar proceeding may not be paid.
  • If PFL becomes subject to a bankruptcy or similar proceeding, a Note holder may not have any priority right to payment from the corresponding Borrower Loan, may not have any right to payment from funds in the applicable servicing account, and may not have any ability to access funds in the applicable funding accounts (the “FBO Funding accounts”).
The other 59 risks
  • In a bankruptcy or similar proceeding of PFL, a holder of a Note may be delayed or prevented from enforcing PFL’s repurchase obligations with respect to such Note.
  • Although PFL has been organized in a manner that is intended to prevent it from being substantively consolidated with PMI in the event of PMI’s bankruptcy, if PFL were substantively consolidated in this manner, the rights of the holders of the Notes could be uncertain, and payments on the Notes may be limited, suspended or stopped. The recovery, if any, of a holder on a Note may therefore be substantially delayed and substantially less than the principal and interest due and to become due on the Note.
  • PMI, in its capacity as servicer, has the authority to waive or modify the terms of a Borrower Loan without the consent of the Note holders.
  • The Credit Card product is complex and requires us to allocate significant resources to support the product.
  • We are responsible for verified fraud losses and most straight chargeoffs across the Credit Card portfolio and for credit losses on Credit Card accounts allocated to us. As a result, any failure to accurately capture credit and market risks could have a negative impact on our business, operating results and financial condition.
  • We rely on our program agreement with Coastal to offer our Credit Card product. If our relationship with Coastal were to end, the ability to continue to offer our Credit Card product would be affected, which could affect our financial and business results.
  • PFL’s reliance on PMI or other third-party service providers, lack of employees, and capitalization levels could make it difficult to operate at a sustainable level.
  • The market in which we participate is competitive and, if we do not compete effectively, our operating results could be harmed.
  • If we fail to promote and maintain our brand in a cost-effective manner, we may lose market share and our revenue may decrease.
  • The proprietary technology that makes operation of our marketplace possible is not fully protected by patents. It may be difficult and costly for PFL to protect its intellectual property rights in relation thereto, or to continue to develop or obtain new technologies, which could adversely affect its ability to operate competitively.
  • PFL relies on a third-party commercial bank to process transactions. If PFL is unable to continue utilizing these services, its business and ability to service the Notes may be adversely affected.
  • We have experienced, and may experience in the future, unauthorized access to our systems. If the security of PFL’s investors’ and borrowers’ confidential information stored in our systems is compromised, users’ secure information may be stolen, account funds and security could be impacted, our reputations may be harmed, and we may be exposed to liability.
  • Our marketplace may be vulnerable to malware, third-party software vulnerabilities and similar disruptions.
  • Any significant disruption in service in our marketplace or in PMI’s computer systems could adversely affect PMI’s ability to perform its obligations under the Administration Agreement.
  • The development and use of artificial intelligence technology presents risks and challenges that may adversely impact our business.
  • Competition for our employees is intense, and we may not be able to attract and retain the highly skilled employees we need to perform under the Administration Agreement.
  • PMI may enter into, or become a party to, an acquisition that may be difficult to integrate, fail to achieve our strategic objectives, disrupt our business or divert management attention.
  • Events beyond our control may damage our ability to maintain adequate records, maintain our marketplace or perform the servicing obligations. If such events result in a system failure, investors’ ability to receive principal and interest payments on the Notes would be substantially harmed.
  • A rising rate of inflation or an increase in interest rates could materially and adversely impact our personal loan marketplace, our Credit Card program, and our investments in Borrower Loans.
  • RISKS RELATED TO COMPLIANCE AND REGULATION
  • Recent U.S. Supreme Court rulings and changes in the U.S. legislative and executive branches may result in changes to regulatory policies that may impact our business and operations.
  • There continues to be uncertainty as to how the actions of the Consumer Financial Protection Bureau, state regulators, or any new agency could impact our business or that of our issuing bank.
  • Noncompliance with laws and regulations may impair our ability to facilitate the origination of or service Borrower Loans.
  • If our marketplace were found to violate a state's usury laws, we may have to alter our business model and our business could be harmed.
  • We rely on agreements with WebBank, pursuant to which WebBank originates personal loans on a uniform basis to qualified borrowers throughout the United States and sells and assigns those loans to PFL. If our relationships with
  • WebBank were to end, we may need to rely on individual state lending licenses or partner with a different bank to offer Borrower Loans.
  • Several lawsuits have sought to recharacterize certain loan marketers and other originators as lenders. If litigation or a regulatory enforcement action on similar theories were successful against one or both of PMI and PFL, Borrower Loans originated through our marketplace could be subject to state usury laws, consumer protection laws and licensing requirements.
  • If one or both of PMI and PFL is required to register under the Investment Company Act, our ability to conduct business could be materially adversely affected.
  • If one or both of PMI and PFL is required to register under the Investment Advisers Act, our ability to conduct business could be materially adversely affected.
  • PMI's administration of Quick Invest under its previous offering and PFL’s administration of Recurring Order and Auto Invest under its current offering, could create additional liability for PFL and such liability could be material.
  • We may face liability under state and federal securities law for statements in our prospectus and in other communications that could be deemed to be an offer to the extent that such statements are deemed to be false or misleading.
  • PMI and PFL’s activities in connection with the offer and sale of securities through our marketplace could result in potential violations of federal securities law and result in material liability to PFL and/or PMI.
  • RISKS RELATED TO BORROWER LOANS AND INVESTING IN NOTES ON THE RETAIL CHANNEL
  • Payments on the Notes depend entirely on payments PFL receives on corresponding Borrower Loans. If a borrower fails to make any payments on the corresponding Borrower Loan related to a Note, payments on such Note will be correspondingly reduced.
  • The Borrower Loans are not secured by any collateral or guaranteed or insured by any third party, and investors must rely on us or a third-party collection agency to pursue collection against any borrower.
  • The credit information of an applicant may be inaccurate or may not accurately reflect the applicant’s creditworthiness, which may cause an investor to lose all or part of the price paid for a Note.
  • The Prosper Rating may not accurately set forth the risks of investing in the Notes, no assurances can be provided that actual loss rates for the Notes will come within the estimated average annualized loss rates indicated by the Prosper Rating, and investors have limited rights to cause Prosper to repurchase the Notes.
  • Investors who use the Recurring Order or Auto Invest tools may face additional risk of funding Borrower Loans that have been erroneously selected by the tool.
  • Some borrowers may use our marketplace to defraud investors, which could adversely affect investors’ ability to recoup their investment.
  • The fact that we have the exclusive right and ability to investigate claims of identity theft in the origination of Borrower Loans creates a significant conflict of interest between us and our investors.
  • If payments on the Borrower Loan corresponding to an investor’s Note become overdue, such investor may not receive the full principal and interest payments that were expected on the Note, and such investor may not recover the original purchase price on the Note.
  • Loss rates on the Borrower Loans may increase as a result of economic conditions beyond our control and beyond the control of the borrower.
  • The Borrower Loans do not restrict borrowers from incurring additional unsecured or secured debt, nor do they impose any financial restrictions on borrowers during the term of the Borrower Loan, which may reduce the likelihood that an investor will receive the full principal and interest payments that such investor expects to receive on a Note.
  • Borrowers may not view or treat their obligations to PFL as having the same significance as loans from traditional lending sources.
  • Our marketplace may fail to comply with applicable laws, which could limit our ability to collect on Borrower Loans.
  • In general, the Borrower Loans do not contain any cross-default or similar provisions. If a borrower defaults on any of their other debt obligations, our ability to collect on the Borrower Loan on which an investor’s Note is dependent for payment may be substantially impaired.
  • Borrowers may seek the protection of debtor relief under federal bankruptcy or state insolvency laws, which may result in the nonpayment of an investor’s Notes.
  • Federal law entitles borrowers who enter active military service to an interest rate cap and certain other rights that may inhibit the ability to collect on Borrower Loans and reduce the amount of interest paid on the corresponding Notes.
  • The Federal Trade Commission's Holder in Due Course Rule may substantially impair an investor’s ability to recoup the full purchase price of a Note or to receive the interest payments that such investor expects to receive on the Note.
  • The death of a borrower may substantially impair an investor’s ability to recoup the full purchase price of a Note or to receive the interest payments that such investor expects to receive on the Note.
  • The Notes are risky and speculative investments suitable only for investors of adequate financial means.
  • The Notes are special, limited obligations of PFL only and are not directly secured by any collateral or guaranteed or insured by PMI or any third party.
  • PFL is not obligated to indemnify Note holders or repurchase Notes except in limited circumstances.
  • PFL might incur indemnification and repurchase obligations that exceed its projections, in which case it may not have sufficient liquidity to meet its indemnification and repurchase obligations.
  • Our marketplace allows a borrower to prepay a Borrower Loan at any time without penalty. Borrower Loan prepayments will extinguish or limit an investor’s ability to receive additional interest payments on a Note.
  • Prevailing interest rates may change during the term of the Notes. If this occurs, investors may receive less value from the purchase of Notes in comparison to other ways they may invest their money. Additionally, borrowers may prepay their Borrower Loans due to changes in interest rates, and investors may not be able to redeploy the amounts received from prepayments in a way that offers the return expected from the Notes.
  • We may not set appropriate interest rates for Borrower Loans.
  • The Notes will not be listed on any securities exchange and can be held only by registered Prosper investors. Further, no trading platform for the transfer of Notes exists and there can be no assurance a trading platform for the transfer of Notes will develop in the future. Therefore, investors should be prepared to hold the Notes they purchase until maturity.
  • The U.S. federal income tax consequences of an investment in the Notes are uncertain.
  • PFL’s ability to pay principal and interest on a Note may be affected by its ability to match the timing of its income and deductions for U.S. federal income tax purposes.
  • Our participation in the funding of Borrower Loans could be viewed as creating a conflict of interest.

Legal proceedings

As of March 20, 2026, multiple purported class-action lawsuits related to the September Incident have been filed against the Company. The federal lawsuits filed against Prosper have been consolidated into one proceeding, captioned In re: Prosper Funding, LLC Data Breach Litigation. Prosper is also subject to lawsuits filed in state courts and has received demands for mass and individual arbitrations. The Company may receive additional federal and state lawsuits and arbitration demands in the future. As these matters are still in their early stages, at this time, the Company is unable to predict the outcome of these matters and is unable to estimate the range of loss, if any, that could result from an unfavorable outcome. For more information on the September Incident, please see “Risk Factors—Risks Related to PFL and PMI, our Marketplace and our Ability to Service the Notes—We have experienced, and may experience in the future, unauthorized access to our systems. If the security of PFL’s investors’ and borrowers’ confidential information stored in our systems is compromised, users’ secure information may be stolen, account funds and security could be impacted, our reputations may be harmed, and we may be exposed to liability.”

The opening of Item 3, Legal Proceedings.18

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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