"There has never been a better time to be a banker," said Chris Larsen, Chief Executive Officer and Co-founder of Prosper. "With credit card companies hiking rates while at the same time reducing credit limits, people with great credit are looking for an alternative way to get rid of their credit debt and finance their small businesses. The result of the 'too big to fail' institutions turning their backs on consumer and small business borrowers is that individual investors are finding peer-to-peer lending to be an attractive new asset class that enables them to do well while doing good."