The MarketPlace Lending Association

Promoting a transparent, efficient and customer-friendly financial system by:

What is Marketplace Lending?

Marketplace Lending connects consumers and small businesses who want to borrow with  individuals and institutions who want to invest. This is distinct from business models that use a balance sheet to fund loans. Marketplaces generally underwrite, price and service the loans, sometimes on behalf of an originating bank.

Benefits of Marketplace Lending

Learn More
  • Low Cost Operating Model
  • Lower Rates for Borrowers
  • Solid Returns for Investors
  • Greater Transparency
  • Enhanced Financial Stability
  • Expanded Access to Credit
The MPL was founded by LC, Prosper, and Funding Circle, and launched with the
MarketPlace Lending Operating Standards.

Founding Members