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Financial

About The Client

Prosper Marketplace is an innovative online lending platform that connects borrowers with individuals and institutions looking to invest in consumer credit.
Founded in 2005, it has established itself as the first peer-to-peer lending platform in the United States, facilitating over $27 billion in loans to more than 1.7 million consumers. With a mission to advance financial well-being, Prosper offers affordable fixed-rate personal loans and leverages advanced technology to streamline the lending process for both borrowers and investors.

Location: USA

Employees: >390

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Project

Prosper Marketplace, Inc. partnered with us to implement a centralized monitoring system for all of their servers, devices, backups, firewall activities, application services, system checks, web-based reporting and remote support.
Having a complete visibility of infrastructure is essential in preventing issues and helps make informed business decisions. For a business to continue evolving, it is important for organizations to take a proactive approach to monitoring and management solutions.

Our Services

Cloud Transformation

Software Development

Technology Consulting

Technologies used

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Solution

We developed 2 separate custom mobile applications for iOS and Android platforms using Swift and Kotlin technologies.
This comprehensive solution has enabled the Prosper engineering team to reduce operating costs by replacing expensive monitoring tools like Datadog with efficient open-source technologies. As a result, Prosper can now proactively manage its infrastructure, leading to improved performance and informed decision-making for future business strategies.

Results

The Prosper engineering team successfully rolled out a comprehensive monitoring solution that significantly reduced operating costs by replacing expensive proprietary tools like Datadog with efficient open-source technologies. This transition not only lowered licensing fees but also provided greater flexibility and customization options, allowing the team to tailor the system to their specific needs.
Additionally, the implementation of open-source solutions fostered a collaborative environment, enabling rapid innovation and enhanced security through community-driven support and continuous improvement.

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