Prospa ranks 20th in BRW Fast Starters 2015

Prospa ranks 20th in BRW Fast Starters 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, earning the trust of small businesses and some of the largest investors in the finance and technology industries.

Joint CEO Greg Moshal said the selection is an endorsement of the phenomenal growth Prospa has experienced over the past couple of years, and an opportunity to create a springboard for future success.

“We recently achieved some significant milestones:

• Over 60 employees
• Well over 1,000 customers
• Our ASIC licence
• Our first securitisation
• The largest capital raising to date by an Australian online lender of $60 million – with one of the largest funds and some of the most established technology-focused investors in the world.

More importantly, we are pleased to see that our commitment to change the way small business experience finance is starting to get traction” Mr Moshal said.

The rewards of making the cut into BRW’s Fast Starters 2015 are threefold. According to Greg Moshal, “One of the biggest benefits will be heightened awareness of our innovative achievements in the finance and technology industries, that will help Prospa attract top talent. It will also motivate our team to keep pushing the boundaries. Finally, this achievement provides us with a platform to reach as many small businesses as possible and educate them about how we can help them grow.

Prospa’s joint CEOs, Greg Moshal and Beau Bertoli agreed the award is a true testament to Prospa’s significant contribution to positive change in the finance industry. “This Award recognises our leadership, significant growth and our vision for the future. We want to change the way small businesses experience finance. Australia is obviously taking notice.”

Greg Moshal commented, “We’re honoured to be ranked 20th on the list and Beau and I would like to thank our team, clients and partners for their support”.

See the complete BRW FastStarters List.

About Prospa

Prospa is Australia’s leading online small business lender and committed to helping small businesses access the funds they need to grow. Using a proprietary technology platform and a fast, simple online application process, Prospa can approve loans and provide funding within 24 hours. Since 2011, this Australian-owned, high growth company has helped lent over $80m to thousands of small businesses grow and is a 2015 Telstra Business Award finalist.