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Prosper raises $20M to assert lead in person-to-person loans
San Francisco's Prospser, which appears to have gained a leadership position in person-to-person lending, has raised $20 million in its third round of financing. Prosper is one of three upstarts in the person-to-person lending market, where borrowers request loans and have ordinary people bid to finance them.

Source: http://venturebeat.com/2007/06/19/prosper-raises-10m-to-assert-lead-in-person-to-person-loans/