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Prosper hires former USAA exec in quest to reignite growth

Feb 02, 2017 - American Banker
Board and Executive Moves

Prosper Marketplace, a pioneering online lender that has struggled recently, has hired a former USAA executive as its chief financial officer.

Usama Ashraf will oversee Prosper's finance activities and its capital markets function, the San Francisco company said in a press release Wednesday.

The privately held firm's previous chief financial officer, David Kimball, was promoted to chief executive in November afterthe resignation of CEO Aaron Vermut.

Prosper's capital markets re...