Peer-to-Peer Lender Prosper Eyes Investors Seeking Yield
February 26, 2013 at 10:20 AM EST
As many investors hunt for yield and banks remain hesitant to lend at pre-crisis levels, peer-to-peer lender Prosper hopes to capitalize on that gap. And one key investor is betting big on Prosper's strategy. But is the lending platform too risky?