v3.26.1
Fair Value of Assets and Liabilities - Schedule of Changes in Level 3 Fair Value Assets and Liabilities on a Recurring Basis (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Liabilities        
Beginning balance, Total $ 50,800 $ 142,889 $ 65,837 $ 178,755
Originations 769,890 661,882 1,469,488 1,195,515
Principal repayments (11,694) (28,300) (25,179) (60,272)
Borrower Loans sold to third parties (770,962) (662,031) (1,469,972) (1,195,541)
Other changes (250) (501) (391) (709)
Changes in fair value (649) (1,646) (2,648) (5,455)
Ending balance, Total 37,135 112,293 37,135 112,293
Prosper Funding LLC        
Liabilities        
Beginning balance, Total 2,464 2,862 1,437 2,548
Originations 769,890 661,882 1,469,488 1,195,515
Principal repayments 223 (309) 1,275 388
Borrower Loans sold to third parties (770,962) (662,031) (1,469,972) (1,195,541)
Other changes (63) (159) 8 (19)
Changes in fair value 144 432 (540) (214)
Ending balance, Total 1,696 2,677 1,696 2,677
Notes        
Liabilities        
Beginning balance, Liabilities (230,283) (272,500) (243,900) (283,030)
Purchases of Borrower Loans/Issuance of Notes (37,638) (42,443) (71,984) (84,582)
Principal repayments 41,680 46,917 83,623 94,781
Borrower Loans sold to third parties 0 0 0 0
Other changes 113 57 408 337
Change in fair value 5,058 3,968 10,783 8,493
Ending balance, Liabilities (221,070) (264,001) (221,070) (264,001)
Notes | Prosper Funding LLC        
Liabilities        
Beginning balance, Liabilities (230,283) (272,500) (243,900) (283,030)
Purchases of Borrower Loans/Issuance of Notes (37,638) (42,443) (71,984) (84,582)
Principal repayments 41,680 46,917 83,623 94,781
Borrower Loans sold to third parties 0 0 0 0
Other changes 113 58 408 338
Change in fair value 5,058 3,967 10,783 8,492
Ending balance, Liabilities (221,070) (264,001) (221,070) (264,001)
Borrower Loans        
Assets        
Beginning balance, Assets 281,083 415,389 309,737 461,785
Purchases of Borrower Loans/Issuance of Notes 37,913 42,895 73,639 85,833
Principal repayments (53,374) (75,217) (108,802) (155,053)
Borrower Loans sold to third parties (1,347) (601) (2,139) (1,277)
Other changes (363) (558) (799) (1,046)
Changes in fair value (5,707) (5,614) (13,431) (13,948)
Ending balance, Assets 258,205 376,294 258,205 376,294
Borrower Loans | Prosper Funding LLC        
Assets        
Beginning balance, Assets 232,747 275,362 245,337 285,578
Purchases of Borrower Loans/Issuance of Notes 37,913 42,895 73,639 85,833
Principal repayments (41,457) (47,226) (82,348) (94,393)
Borrower Loans sold to third parties (1,347) (601) (2,139) (1,277)
Other changes (176) (217) (400) (357)
Changes in fair value (4,914) (3,535) (11,323) (8,706)
Ending balance, Assets 222,766 266,678 222,766 266,678
Loans Held For Sale        
Assets        
Beginning balance, Assets 0 0 0 0
Purchases of Borrower Loans/Issuance of Notes 769,615 661,430 1,467,833 1,194,264
Principal repayments 0 0 0
Borrower Loans sold to third parties (769,615) (661,430) (1,467,833) (1,194,264)
Other changes 0 0 0 0
Changes in fair value 0 0 0 0
Ending balance, Assets 0 0 0 0
Loans Held For Sale | Prosper Funding LLC        
Assets        
Beginning balance, Assets 0 0 0 0
Purchases of Borrower Loans/Issuance of Notes 769,615 661,430 1,467,833 1,194,264
Principal repayments 0 0 0 0
Borrower Loans sold to third parties (769,615) (661,430) (1,467,833) (1,194,264)
Other changes 0 0 0 0
Changes in fair value 0 0 0 0
Ending balance, Assets $ 0 $ 0 $ 0 $ 0