June 29, 2018
Australia’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, […]
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June 8, 2018
On 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 […]
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April 17, 2018
First 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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April 9, 2018
Prospa, Australia’s #1 online lender to small business, has today announced the appointment of Gail Pemberton AO and Fiona Trafford-Walker as Independent Non-Executive Directors to the Prospa Board. In addition, current Non-Executive Director Greg Ruddock has been appointed to the role of Chairman of the Board, having recently stepped down from the Board of Eclipx […]
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January 28, 2018
Prospa has confirmed the appointment of KPMG Partner, Raj Bhat, to its senior leadership team as Head of Group Capital Management. Raj will be starting his new role in March 2018 after nine years at KPMG leading the firm’s Debt Advisory Services – where his team enjoyed a strong track record and industry-wide recognition for […]
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December 7, 2017
Yellow Brick Road has added Australia’s leading online lender, Prospa, to its lending panel in order to diversify its offering for small business customers. “A large number of our clients are small business owners,” Mark Bouris, Executive Chairman of Yellow Brick Road said. “We understand that the financial needs of a small business are unique, […]
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November 9, 2017
Prospa first Australian fintech to deliver a half billion dollars of small business loans Over the past 12 months Prospa has experienced rapid growth, doubling the size of its loan book Prospa has now delivered loans to over 12,000 small businesses in Australia 9 November, 2017. Prospa, Australia’s number one online lender for […]
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October 24, 2017
Greg Moshal and Beau Bertoli have been jointly awarded a 2017 NSW Pearcey Tech Entrepreneur Special Recognition Award by David Thodey at a ceremony at The Powerhouse Museum. These prestigious awards are named after Dr Trevor Pearcey, an outstanding Australian tech pioneer who not only built one of the world’s earliest digital computers, but also […]
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July 18, 2017
Prospa is NSW state winner in 2017 Telstra Business Awards Prospa has been awarded the 2017 Telstra New South Wales Medium Business Award in the 2017 Telstra Business Awards. Prospa is the first fintech company to be awarded the accolade and this year’s win follows the company’s third consecutive appearance as a finalist: in 2015 […]
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May 24, 2017
Prospa wins Best Fintech Place to Work, and Greg Moshal and Beau Bertoli are joint winners of the Leader of the Year award for 2017.
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February 22, 2017
Prospa, Australia leading online lender to small business, has secured $25M in growth funding led by AirTree Ventures – Australia’s most successful tech-focused venture capital firm…
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December 5, 2016
Mortgage Choice has partnered with Prospa to deliver a broader range of commercial lending and cash flow financing solutions to customers through their hundreds of locations nationwide…
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December 1, 2016
Beau Bertoli, Joint CEO and co-founder of Prospa, tells Australian Broker why the banks have more to worry about than his trailblazing fintech, and about the opportunities waiting for brokers…
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October 27, 2016
Australian leading fintech, Prospa, today announced the company has hit $200 million in loan originations – cementing itself as the leading force in Australia’s non-bank finance sector…
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October 13, 2016
Prospa, Australia’s largest online lender to small business, has launched an innovative partnership with educator The Entourage that enables business owners…
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August 15, 2016
When speed matters. Technology is opening up the hitherto clunky area of unsecured business lending. MPA has partnered with fintech lender Prospa to find out how brokers can make unsecured lending into an ongoing…
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May 6, 2016
The online loans market in Australia is maturing. More customers are demanding convenience and flexibility and there’s an increasing amount of online lenders available to meet that demand. But what makes a lender stand…
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April 27, 2016
Prospa has been listed at #19 in the inaugural ‘Tech Pioneers Report’, that showcases the most exciting and pioneering startups from Australia and New Zealand.
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December 15, 2015
Prospa was named #33 in the top 50 fintech innovators in the world in a survey by KPMG-backed Fintech Innovators, a joint venture between H2 Ventures and KPMG Fintech.
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December 4, 2015
Prospa, Australia’s leading online small business lender, was recognised yesterday in Hong Kong as the third fastest growing technology company in the Asia Pacific region at the 2015 Deloitte Technology Fast 500 Asia Pacific.
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November 20, 2015
Prospa has been named Australia’s fastest growing technology company at the annual Australian Deloitte Technology Fast 50 awards held at the ASX on Thursday 19 November, with a whopping 6,971% growth over three years.
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October 20, 2015
Prospa was selected from entrants throughout Australia to rank 20th on the BRW Fast Starter List 2015. With such rapid growth, Prospa has established a name for itself within the FinTech industry in Australia…
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September 3, 2015
Prospa announces Series B financing from The Carlyle Group, Ironbridge Capital, Entrée Capital, Airtree Ventures, and David Fite.
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August 31, 2015
Prospa is one of the new generation of online lenders endorsed by Minister Billson as providing much needed access to funding for small businesses.
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July 30, 2015
Online lending for small businesses received a huge boost today with AFG and Prospa announcing an agreement to make Prospa’s small business loan available through AFG’s 2,300 strong broker network.
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July 29, 2015
We are proud to announce our selection as a finalist in the 2015 Telstra Business Awards for NSW. For nearly 25 years, the Telstra Business Awards have recognised the innovation, passion and hard work of the most outstanding – and now Prospa is one of them.
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March 5, 2015
“Prospa believed in us when no one else did,” said Joe. “The process was simple. The application took ten minutes and was approved in 24 hours. We had the funds within three days.”
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February 18, 2015
Prospa has been quietly building its small business loan book for two years…
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