Prospa raises $20m from Partners for Growth
Online business lender Prospa has raised $20 million from Silicon Valley-based Partners for Growth through a tailored debt facility that will allow it to ramp up loans and further develop its technology allowing credit assessments to be made in seconds. Prospa, which has lent more than $400 million to small businesses, up from $250 million in February after a strong fourth quarter, has deals with 4000 distribution partners, including finance brokers and cloud accounting platforms. It also has a referral partnership with Westpac Banking Corp. Prospa chief financial officer Ed Bigazzi said some of the new capital will be used for product development, including in invoice financing, and a stronger […]
Top 25 Australian Fintech Influencers
The Australian fintech industry is booming, and according to Finder.com.au these are the people (in no particular order) that are helping to shape it: Alex Scandurra – CEO of Stone & Chalk Alistair Lamond – Commercial director of Skippr Andrea Myles – CEO of the China Australia Millennial Project Asher Tan – Co-founder and CEO of CoinJar Ben Heap – Founding partner at H2 Ventures Caitlyn Iles – Founder of XChange Cameron Dart – Founder and CEO of Australian FinTech Charlotte Petris – Founder and CEO of Timelio, vice-president of Fintech Australia Danielle Szetho – CEO of Fintech Australia Danny Gilligan – Co-founder of Reinventure and co-founder of Data Republic […]
