Search Result: Prospa

Jun
11

AOFM approves investment into Prospa warehouse trust

The Australian Office of Financial Management has approved a maximum investment of $90 million into a Prospa Group Limited warehouse trust.

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Jun
11

Prospa reports strong Q3 but Q4 hard hit by COVID

SME lender Prospa has reported “solid” performance in the March quarter, but revealed it was “materially impacted” by COVID-19.

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Apr
14

Prospa receives access to Federal Government’s SME Guarantee Scheme to support thousands of small businesses

The Federal SME Scheme is designed to support smaller businesses who are considered by the lender as being viable in the longer-term.

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Mar
04

Prospa reached $1.4 billion in loans originated

Prospa’s total originated loans came in around AU$1.4 billion and have been delivered to nearly 27,000 businesses since it was founded in December 2012.

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Jan
30

Prospa joins PLAN Australia panel

PLAN Australia has welcomed SME lender Prospa to its panel, enabling PLAN members to offer their clients Prospa’s small-business loans and lines of credit.

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Dec
03

Prospa survey shows no rest for SMEs this holiday season

A new study from Prospa has revealed just how hard small businesses are working this holiday season, particularly in regional Australia.

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Nov
20

Prospa loan originations outpace forecasts

The SME lender has announced that its loan originations have exceeded prospectus forecast figures, but revenue figures are set to miss the mark.

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Oct
16

The Prospa IPO: Lessons from a watershed moment for fintech

The Prospa IPO highlighted a number of key lessons around investor education and transparency and paved the way for other budding fintechs wanting to go public.

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