Westpac trials Prospa tie-up

It is great to see that the big banks in Australia are starting to support our FinTech companies. Lets hope that the this announcement encourages some of the other banks to get in and trial a partnership with an up and coming technology.

Westpac has begun quietly ­trialling a partnership with online small business lender Prospa, ­signalling a growing willingness by the big four banks to embrace working with the rapidly ­emerging “fintech” industry.

Source: Westpac trials Prospa tie-up