Prosper allows people to invest in each other in a way that is financially and socially rewarding.

The online personal loan business is booming and Avant (formerly AvantCredit) is one of the top players. It uses sophisticated computer algorithms to make lending decisions where users can borrow between $1,000 and $35,000. Since 2012, Avant has raised over $1 billion in venture capital and credit facilities and issued almost 200,000 loans in 46 states and the UK.