Prosper Funding LLC has filed an updated prospectus that outlines the offering of Borrower Payment Dependent Notes. This filing, dated November 2, 2026, is significant as it reflects the company's ongoing strategy to attract investors amidst a competitive landscape in the finance services sector.

In the filing, Prosper Funding LLC provides detailed information about various loan requests and the corresponding series of notes being offered. The prospectus aims to inform prospective investors about the terms and conditions associated with these notes, as well as the associated risks of investing.

Background

Prosper Funding LLC is a finance services company, incorporated in Delaware, and operates under the Central Index Key (CIK) number 0001542574. The company has been active in the finance services industry, as indicated by its Standard Industrial Classification (SIC) code of 6199. Recent filings include multiple updates to its prospectus, with the latest being on November 2, 2026, and prior updates on October 28, 2026.

What the Filing Says

The recent filing includes a Listing Report that supplements a previous prospectus dated September 2, 2026. It provides essential information about each loan request and the series of notes Prosper Funding LLC is currently offering. The filing states, "Prospective investors should read this Listing Report supplement together with the prospectus dated September 2, 2026, to understand the terms and conditions of the Notes and how they are offered, as well as the risks of investing in Notes."

Impact

This update may affect various stakeholders, including investors looking for opportunities in peer-to-peer lending, as well as borrowers seeking loans through Prosper's platform. The detailed borrower profiles and terms outlined in the filing may influence investor interest and competition within the finance services sector.

What's Next

The filing does not say what happens next.