Prosper Running a $1,000 Cash Giveaway

Prosper $1,000 Sweepstakes

Prosper has a new promotion to start out the New Year. Just provide them with your name and email address and you will have a chance to win $1,000 cash. There is nothing else you have to do to enter.

You can also increase your chances of winning by using your special referral link and getting your friends to sign up. The contest runs through January 31st and you can enter up to 25 times. As you would expect there is plenty of fine print on the contest but nothing I read that would cause concern.

I am not a big fan of promotions like this because you get a bunch of free loaders who never have any intention of becoming a borrower or investor. But they might generate some marketing buzz by getting media coverage and it is a pretty cheap way to create a list of potential prospects.

I get no kickback from Prosper for mentioning this contest – but it is a free $1,000 and it takes roughly 15 seconds to enter. So go at it.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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