Prosper.com Reviews

Updated Apr 30, 2021

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3.4
64%
Recommend to a Friend
77%
Approve of CEO
Prosper.com Chief Executive Officer  David Kimball
David Kimball
64 Ratings
Pros
  • "Great people, culture, and benefits(in 15 reviews)

  • "Great benefits and good work life balance(in 12 reviews)

  • Cons
  • "First thing the CPO says after the layoffs is that now it's much easier to fit in meeting rooms(in 11 reviews)

  • "Consistent lack of success outside of personal loans(in 7 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, more than 3 years

      Work culture

      Feb 19, 2021 - Senior Business Analyst in San Francisco, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      I am working with Prosper since last 2 years and culture is so good

      Cons

      no cons at all here

      Be the first to find this review helpful
    2. 4.0
      Current Employee, less than 1 year

      Great Job

      Apr 30, 2021 - Desktop Support Engineer in Phoenix, AZ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Awesome perks and nice food setup

      Cons

      Too Many Managers, need to cut down on the micro management

      1 person found this review helpful
    3. 4.0
      Former Employee, less than 1 year

      Excellent Company

      Jan 8, 2021 - Assistant Escrow Officer in Phoenix, AZ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      * Entry-level positions allow promotion to other departments ( e.g. customer service, specialist or customer escalation team, outbound sales, investors, fraud team or verification loan agent ). * Bonuses * Excellent Paid Maternity Leave * Medical & Dental Benefits. * Employee Stock Option Purchase ( ESOP )

      Cons

      * Outsourcing of Job duties causes misinformation between Primary work office and 3rd party sources -- which affects customer service reliability.

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      1 person found this review helpful
    4. 4.0
      Former Employee, more than 5 years

      Great Finance Company but Dated Technology

      Dec 3, 2020 - Chief Risk Officer in San Francisco, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Company is truly focused on benefitting its customers. Great way to transition from working at a bank or specialty finance company into something a bit further on the Tech spectrum of FinTech Overall the people are good people to work with

      Cons

      The technology is dated and at this point Prosper is FINtech rather than finTECH. As a US Specialty Finance company the eventual success of the business model is closely linked to the US Capital Markets and many companies with this business model can experience large disruptions in liquidity that hurt their ability to generate enough money to stay alive.

      4 people found this review helpful
    5. 3.0
      Former Employee, less than 1 year

      politics based workplace

      Mar 4, 2021 - Software Engineer in San Francisco, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      work is easy, tech is good, updated stack

      Cons

      politics based workplace, promotions are based on who kisses up the best

      2 people found this review helpful
    6. 3.0
      Current Employee, more than 1 year

      Learn and Leave the company

      Feb 4, 2021 - Anonymous Employee in San Francisco, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good benefits and perks. Pretty competitive.

      Cons

      1. No room for career growth. 2. There is an important number of employees from India in the SF office, and that makes inclusion more difficult. 3. If you manager likes you, you will be promoted! (even if you don't have the skills/experience).

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      1 person found this review helpful
    7. 4.0
      Current Employee, more than 5 years

      Great company but be careful if you are a conservative

      Sep 30, 2020 - PHX Operations 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Very good executives, move quickly, and customer driven

      Cons

      Be careful if you are a conservative, it is perfectly acceptable to bash conservatives in group slacks. Best advice is to stay quiet if you are a conservative and hope people don’t find out. Makes for a very uncomfortable work place especially since some of the people bashing are Director level and on the people and places team.

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      4 people found this review helpful
    8. 5.0
      Current Employee, less than 1 year

      Great Place!!

      Dec 9, 2020 - Senior Data Engineer in San Francisco, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great WLB, Cool Products and technologies! Great Culture!!

      Cons

      Complacent at times with respect to deliverables

      1 person found this review helpful
    9. 5.0
      Current Employee, more than 3 years

      Good company geared for success in difficult times

      Jul 22, 2020 - Software Engineer in San Francisco, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good values and work culture. Lots of recession proofing over last few years means company will be stronger after COVID-19 recession. Generally starting to focus on quality over speed as there is a reasonable amount of tech debt that needs to be reclaimed. CEO & CFO has been very engaged and communicating well during COVID. Expecting full salary to be returned in next 6 months (much needed).

      Cons

      COVID-19 pay cuts (currently 15% and no 401k match). A few too many middle managers. Annual bonus should be every 6 monthly.

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    10. 3.0
      Former Employee, more than 5 years

      Work here if you need a paycheck and you are not paid hourly

      Sep 28, 2020 - Customet Service Representative in Phoenix, AZ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The benefits such as the insurance and the free snacks and drinks

      Cons

      Quality assurance, the poor management, and the hr team who picks and chooses who they help based on preference and race. I quit because I was lied to and back stabbed by the hr team.

      Continue reading
      1 person found this review helpful
    Viewing 1 - 10 of 212 Reviews

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