Prosper’s Financial Wellness App Hits The Market

Wellness App

Mobile-Payments

PYMNTS

Marketplace lender Prosper launched its first mobile app, designed to provide customers with the tools to help make smarter financial decisions, the company announced on Thursday (March 10).

The free Prosper Daily mobile app will enable users to view their financial accounts in a single place, budget, track spending, identify unknown charges and monitor their free credit score, which will be updated on a monthly basis.

“By using Prosper Daily just a few minutes a day, consumers can begin to get on top of their finances,” Aaron Vermut, CEO of Prosper Marketplace, explained in a statement. “We’re excited to be the first marketplace lender to offer a financial wellness app to consumers.”

According to a recent Prosper Marketplace financial wellness study, just 38 percent of Americans have a financial plan in place, which the company said points to a significant need for financial wellness tools and guidance geared towards consumers.

But it seems like the tide may be turning on how much consumers care about FinTech.

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