Prosper’s Core Third Party Providers and Custodians
Prosper make use of the following third parties in the provision of various services to you:
Bank account provider
When you register for an account with Prosper, a bank account will be created in your name, to facilitate the movement of cash to and from your nominated account(s) and any other Prosper accounts you open. Prosper has entered into an agreement with Griffin Bank Ltd to provide this bank account.
Griffin Bank Ltd is a bank incorporated in England and Wales with company number 10842931 and whose registered office is at 9th Floor 107 Cheapside, London, United Kingdom, EC2V 6DN.
Savings account provider
If you open a Savings account with Prosper, this service will be provided by Bondsmith Savings Ltd. Prosper has entered into an agreement with Bondsmith to provide access to a number of savings accounts provided by a range of different banks.
Bondsmith Savings Ltd (company registration number 11524247) has its head office at 124-128 City Road, London, EC1V 2NJ, United Kingdom.
Custodian of your investment accounts and holdings
If you open an investment account with Prosper, this service will be provided by Seccl Custody Limited.
Prosper has entered into an agreement with Seccl to act as Custodian (to provide safe custody of your investments) and to provide dealing, clearing and settlement and associated services for our clients who are subject to these Terms. Seccl is authorised and regulated by the FCA under FRN: 793200. The current terms and conditions of Seccl’s custody services and how they apply to you are set out in Section 4 of our terms and conditions (Custody Terms and Conditions).
Personal Pension trustee
If you open a Personal Pension account with Prosper, this service will be provided by Seccl Custody Ltd.
Digital Pension Trustees Limited is operating as trustee for the Self Invested Personal Pension scheme offered on the Prosper platform, which has been established by the Trust Deed and registered with HMRC in accordance with Chapter 2 of Part 4 of the Finance Act 2004. Seccl Custody Limited is currently appointed as the scheme administrator.