Prosper Marketplace is rebranding its mobile app as a “financial wellness app,” the marketplace lender announced this morning. The new app, Prosper Daily, connects borrowers and investors; it allows customers to view all their financial accounts, track spending, and monitor credit scores, among other functionalities.
“By using Prosper Daily just a few minutes a day, consumers can begin to get on top of their finances,” Aaron Vermut, chief executive of Prosper Marketplace, said in a company release.
Prosper typically extends three- or five-year personal loans to borrowers with a minimum credit score of 640. Customers then have an option to indicate the purpose for taking out the loan — including car financing.
Last week, the company appointed auto finance veteran David Kimball, formerly of USAA Federal Savings Bank and Ford Motor Credit Co., to serve as chief financial officer, effective March 18. Prosper Daily is live and available in the iTunes App Store and Google Play Store.
