In total, Prosper has raised $95m. In June 2011, CompuCredit, a Nasdaq-listed financing company, reinvested in a consortium providing $17.2m to Prosper.

Prosper, a US-based social lending website backed by peer CompuCredit, has raised $20m and hired Stephan Vermut as its chief executive (CEO).

Vermut, founder and managing partner of prime broker Merlin Securities, succeeds Dawn Lepore, who served as interim CEO since March last year. Aaron Vermut, head of prime services at Wells Fargo, was a founder and managing partner at Merlin Securities, and will also join Prosper as its president.

Venture capital firm Sequoia Capital led the round, and was…