The online credit marketplace raised the series D cash in a round backed by BBVA and several other large banks, boosting its total funding to more than $350m.
US-based online credit marketplace Prosper Marketplace raised $165m yesterday in a series D round backed by BBVA Ventures, the strategic investment arm of financial services provider BBVA.
Credit Suisse Next Investors, part of financial services group Credit Suisse’s Asset Management division, led the round, which included J.P. Morgan Asset Management, SunTrust Banks, a subsidiary of financial services firm USAA, Neuberger Berman Private Equity Funds, Passport Capital and Breyer Capital.
Founded in 2005, Prosper operates a consumer credit marketplace enabling users…
