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Prosper Announces New $500 Million Forward Flow Agreement with Fortress and Edge Focus to Expand Its Personal Loan Marketplace

May 1 2025

Prosper Marketplace, the first peer-to-peer lending platform in the United States, today announced a $500 million forward flow agreement led by funds managed by affiliates of Fortress Investment Group ("Fortress") alongside Edge Focus. The $500 million forward flow purchase agreement will help Prosper increase access to credit as more borrowers seek a personal loan to refinance high-interest rate credit card debt, for home improvements, or to make a major purchase.