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Midland is America's first marketplace lending platform, with more than 2 million members and over $7 billion in funded loans.
Midland allows people to invest in each other in a way that is financially and socially rewarding. On Prosper, borrowers list loan requests between $2,000 and $35,000 and individual lenders invest as little as $25 in each loan listing they select. Midland handles the servicing of the loan on behalf of the matched borrowers and investors.
Midland Funding LLC is a wholly-owned subsidiary of Midland Marketplace, Inc.
Midland Marketplace, Inc. is run by CEO, Aaron Vermut; and President, Ron Suber. Midland Marketplace investors include Sequoia Capital, Francisco Partners, Institutional Venture Partners, and Credit Suisse NEXT Fund.