Prospa is pleased to announce a trading update for the first two months of FY22 and the pricing of its first public asset-backed securitisation (“ABS”) of AUD $200 million issued to wholesale investors.
Read MoreProspa today announced the appointment of Renee Tocco as Northern Regional Manager and acquisition of Loanezi, one of Australia’s top commercial finance brokers. Renee, founder and Manager Director at Loanezi, brings more than 10 years’ experience in senior sales roles and established Loanezi as a national business to service individuals and businesses with lending solutions. […]
Read MoreThe 2021 financial year has proven the resilience of Prospa’s business model. The Company’s improved operating performance during a period of ongoing economic disruption clearly demonstrates it is well placed to manage the current challenges small businesses face with continuing lockdown uncertainty. Further, Prospa’s performance throughout the year demonstrates its dynamic capability to adjust origination focus to target specific sectors and/or regions, forming part of its broader risk management strategy.
Read MoreProspa is pleased to announce it has delivered over $2 billion in lending to date through its financial technology platform supporting growth in the small business economy in Australia and New Zealand.
Read MoreProspa is pleased to announce it has delivered over $2 billion in lending to date through its financial technology platform supporting growth in the small business economy in Australia and New Zealand.
Read MoreProspa is pleased to provide a trading update for the quarter ended 31 March 2021 (3Q21).
Read MoreA study of over 500 SMEs, conducted by research company RFi Group in December 2020, has revealed that the majority (60%) of small business owners in Australia who experienced negative impacts as a result of the COVID-19 pandemic expect to recover within the next 12 months.
Read MoreProspa Group Limited (”Prospa” or “the Company”), Australia’s number one online lender to small business, is pleased to announce its results for the six months ended 31 December 2020 (“1H21”).
Read MoreProspa Group Limited (ASX: PGL) (“Prospa” or “Company” or “Group”), is pleased to announce the appointment of independent Non-Executive Director, Mary Ploughman, to its Board, effective 1 March 2021.
Read MoreProspa Group Limited (ASX: PGL) (“Prospa” or “Company” or “Group”), is pleased to provide a trading update for the quarter ended 31 December 2020 (2Q21).
Read MoreProspa has taken out the Excellence in Business Lending Award at the Finnies 2020, Australia’s most prestigious Fintech Business Awards, hosted by Fintech Australia.
Read MoreProspa Group Limited (ASX: PGL) is pleased to provide a trading update for the quarter ended 30 September 2020 (1Q21).
Read MoreProspa announces the appointment of Ross Aucutt as Chief Financial Officer.
Read MoreProspa welcomes the interim report published by the Senate Select Committee on Financial Technology and Regulatory Technology on 2 September 2020.
Read MoreProspa Group Limited (ASX:PGL) is pleased to announce its results for the twelve months ended 30 June 2020 (FY20).
Read MoreProspa has been named Fintech Lender of the Year for the third year in a row at the MFAA National Excellence Awards 2020 and BDM Erin Manhood has been awarded BDM of the Year (Lender & Support Services Provider).
Read MoreProspa celebrates a clean sweep of the MFAA State Excellence Fintech Lender Award for the third year running, along with individual BDM winners and finalists.
Read MoreLeading aggregator FAST today announced it will add Prospa to its lender panel, providing its brokers with a wider range of products and services to support their small business clients during this critical time
Read MoreThe Australian Office of Financial Management has approved a maximum investment of $90 million into a Prospa Group Limited warehouse trust through the Structured Finance Support Fund.
Read MoreProspa today provides an update on the Company’s response to COVID-19 and a trading update.
Read MoreProspa is pleased to announce it has received access to Federal Government’s Coronavirus SME Guarantee Scheme to help small businesses deal with the impact of COVID-19 over the next six months.
Read MoreProspa is pleased to announce its results for the six months ended 31 December 2019 (HY20).
Read MoreProspa has announced the the introduction of a new Funding Partner into one of its Australian Warehouse Facilities. The Funding Partner is a global investor with deep technology investing expertise across the U.S. and European markets.
Read MorePLAN Australia has announced it will add Prospa to its lender panel.
Read MoreProspa announces that Peter Loosmore has been appointed as interim Chief Financial Officer as of 28 January 2020.
Read MoreProspa is pleased to announce the introduction of a new Junior Funding Partner into one of its Australian Warehouse Facilities that funds small business loans and line of credit facilities.
Read MoreA new study has revealed just how hard small businesses are working this holiday season, particularly in regional Australia.
Read MoreProspa makes the following update to its 2019 calendar year Prospectus forecast (CY19).
Read MoreProspa is urging brokers to prepare their small business clients for cash flow peaks and troughs this holiday season.
Read MoreProspa Group is pleased to announce its results for the twelve months ended 30 June 2019 (FY19).
Read MoreProspa has announced the establishment of its first warehouse facility specifically to fund New Zealand small business loans.
Read MoreProspa, Australia’s #1 online lender to small business, has been admitted to the official list of the Australian Securities Exchange (ASX), and will trade under the ticker code PGL from 11 June.
Read MoreProspa has announced a clean sweep at the MFAA State Excellence Awards, receiving the Fintech Lender Award in every state and territory.
Read MoreResearch commissioned by Prospa, and carried out by YouGov Galaxy, shows small business owners need digital marketing skills and improved financial literacy to manage and grow their business.
Read MoreProspa, Australia’s #1 online lender to small business, has today announced an initial public offering.
Read MoreProspa receives the Fintech Lender Award at the 2019 MFAA State Excellence Awards SA/NT in Adelaide.
Read MoreProspa has announced Gail Pemberton AO as its Chairman and two new senior appointments
Read MoreProspa announces it has delivered more than $1 billion in loans to 19,000 small businesses
Read MoreProspa announces that Adrienne Church has been appointed as its General Manager in New Zealand
Read MoreNew research reveals the significant economic impact of Prospa lending to small business in Australia
Read MoreProspa announces it is in full compliance with Code of Lending Practice and introduces SMART Box to its online small business loan product.
Read MoreA YouGov study of small businesses, commissioned by Prospa, reveals the sacrifices of small business owners in Australia.
Read MoreProspa, Australia’s number one online small business lender, has ranked 5th for Leadership and 20th overall in the 2018 Deloitte Technology Fast 50 Australia Awards.
Read MoreProspa supports the announcement of a $2 billion Australian Business Securitisation Fund to help small businesses access finance.
Read MoreWe’ve lent to over 15,000 small businesses around Australia who tell us daily about the challenges they experience in managing their cashflow and accessing finance to grow their businesses.
Read MoreAustralia’s number one online lender to small business, is pleased to announce its results for the year ended 30 June 2018.
Read MoreProspa is the first online small business lender to have undertaken a full review of its loan terms after consultation with ASIC.
Read MoreProspa, Australia’s leading online lender to small businesses, was last night named National Fintech Lender of the Year in the prestigious 2018 MFAA Excellence Awards, after receiving the accolade across all state and territory awards. The Excellence Awards are presented to members of the MFAA who have demonstrated quality customer service, professionalism, innovation, ethics and excellence in their field.
Read MoreAustralia’s leading online small business lenders come together to release Code of best practice lending principles. Developed with support from AFIA, the Australian Small Business and Family Enterprise Ombudsman, theBankDoctor.org and FinTech Australia The Code, charter and disclosure tool to be fully operational and enforceable by 31 December 2018 Canberra, Friday 29th June 2018: Today, […]
Read MoreOn 8 June 2018, following consultation with UBS and Macquarie (joint lead managers for Prospa’s IPO) the company postponed its IPO on the Australian Stock Exchange (ASX). Prospa had received a letter from ASIC on the afternoon of Tuesday 5 June 2018 requesting information as part of a broader industry review of small business lending […]
Read MoreFirst rated ABS issuance backed by small business loans in the Australasian market Prospa’s Australian small business loan asset backed securities (ABS) trust was today assigned ratings by Moody’s Investors Service (Moody’s). A total of A$83.25 million in debt securities were rated. The ratings are as follows: Issuer: Prospa Trust Series 2018-1 A$64.80 million Class […]
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