What is Peerform's business focus and history?

Peerform, Inc. is a private company based in New York, United States, founded in 2010. It operates as a peer-to-peer lending platform connecting borrowers with investors for fixed-rate personal loans ranging from $1,000 to $25,000. Peerform was acquired by Versara Lending in 2016.

Peerform Corporate Details & Core Services

Peerform is a peer-to-peer lending platform that connects borrowers with investors, offering personal loans ranging from $1,000 to $25,000 with fixed rates and terms.

Peerform Contact Information & Official Links

Website https://www.peerform.com
Social  
Email id [email protected]
Phone number 800-338-8049
Head office address New York, New York, United States
Tags peer-to-peer lending personal loans fintech

What are Peerform's Key Business Metrics & Stats?

No of employees 1
Founded year 2010
Type private
SAICS CODE 6141
NAICS Code 522291
Industry Financial Services
Location New York, New York, United States
Parent Company versaralending.com
Pricing Strategy Fixed-rate personal loans with 3 or 5-year terms, No prepayment penalties, Transparent fee structure
Peerform Firmographic Snapshot 2026 2010 Founded Year 1 Global Employees United States Headquarters FinancialServices Industry Private Type Verified by DexterAgent.ai

How much funding has Peerform raised to date?

Name Description
Funding Amount USD 1 Million
Stage Seed
Latest Valuation (USD)
Lead Investor Corporest Development
Investors Corporest Development

What are Peerform's Core Products?

Name Description
Personal Loans Fixed-rate personal loans ranging from $1,000 to $25,000 with 3-year terms, available to borrowers with credit scores as low as 600.
Investment Opportunities Accredited investors can fund whole or fractional loans, offering attractive risk-adjusted returns and steady monthly cash flow.

What are the latest developments at Peerform?

Date Type Description
11, 2016 Acquisition Peerform was acquired by Versara Lending.
04, 2014 Funding Peerform closed a $1 million seed funding round led by Corporest Development.

Peerform VS Prosper VS Upstart VS Avant VS SoFi : 2026 Comparison

Feature Peerform Prosper Upstart Avant SoFi
Core Strengths Personal Loans, Investment Opportunities Personal Loans, Prosper® Card, Home Equity Loans, Investing & IRAs Personal Loans, Car Loan Refinance, Home Equity Line of Credit (HELOC), Short-Term Relief Loans Avant Credit Card, Avant Personal Loans Student Loan Refinancing, Private Student Loans, Personal Loans, Home Loans, Investing, Credit Cards, Banking, Crypto, Insurance, Financial Insights, Small Business Financing, SoFi Plus
Founded Year 2010 2005 2012 2012 2011
Stock Name/Ticker UPST (NASDAQ) SOFI (Nasdaq)
Type private private public private public
Global Employees 1 439 1193 250 5000
Revenue (Annual)   $173.4 Million(2024) $1 Billion(2025) $168.4 Million(2025) $3.7 Billion(2024)
Headquarters New York, New York, United States San Francisco, California, United States San Mateo, California, United States Chicago, Illinois, United States San Francisco, California, United States
Latest Valuation   $1.8 Billion $6.2 Billion   $8.7 Billion
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Prosper 173.4 | 439 Upstart 1 | 1193 Avant 168.4 | 250 SoFi 3.7 | 5000 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Peerform, Inc.
Cin number
GST number
Registration number

Who is in Peerform's executive leadership team?

Name Designation
CEO Mikael Rapaport
Executive Chairman Gregg Schoenberg
Chief Technology Officer Abigael Saal
Head of Business Development Catheryn Robinson
General Counsel Ari Afilalo
Chief Risk Officer Fred Smajda

Where are Peerform's primary office locations?

City Country
New York United States

What are the current business signals and market intelligence for Peerform?

Spending next 3 months Enhancing platform security, Expanding loan offerings, Marketing to attract borrowers and investors
Pain points Limited access to traditional credit, High-interest rates from conventional lenders, Need for quick loan approval processes
Sales motion Online platform registration, Loan application and listing, Investor funding and loan disbursement
Buyer Persona Individuals with credit scores of 600+, Accredited investors seeking alternative investments, Institutional investors diversifying portfolios
Type of customer Prime and near-prime borrowers, Accredited investors, Institutional investors
Key customer domain Personal loans, Debt consolidation, Home improvement financing
Annual ACV Loan amounts range from $4,000 to $25,000, APRs from 5.99% to 29.99%, Origination fees between 1% and 5%

What are Peerform's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings
Glassdoor Rating

What are Peerform's business model and service classifications?

Saas No
Offline Stores No
Service No
Ecommerce No
Exporter No
Mobile App No
Retail No
B2B No
B2C No
Manufacturing No
Wholesale No
Importer No
Get Company Intelligence in API
(Price is 0.1 USD/Record - pay as you go)

 

Get Company Intelligence in API
(Price is 0.1 USD/Record - pay as you go)