News & Analysis

2ND TIME LUCKY: Small business lender Prospa is raising $110 million in another IPO attempt

- May 16, 2019 3 MIN READ

  Fintech Prospa launched in 2012 after its co-founders grew frustrated with access to small business loans from traditional banks The company is raising $110 million from institutional investors, valuing the business at $610m Its backers include Square Peg, Airtree and AustralianSuper.  This is Prospa’s 2nd attempt to float after an IPO was pulled at… Read more »

Prospa
Brains Trust

How Prospa approaches company culture

- September 26, 2018 4 MIN READ

What makes Prospa’s culture unique is that we’re driven by challenging the way the finance system works: over 200 passionate people come together daily to find better ways of keeping small businesses moving.

Other

Online lender Prospa raises $60 million in strategic Series B round

- September 3, 2015 2 MIN READ

Online small business lender Prospa has announced that it has raised $60 million – the largest capital raising to date by an Australian online lender – from a consortium of investors including The Carlyle Group and Ironbridge Capital. Prospa’s seed and Series A investor, Entrée Capital also contributed to this round, as well as Airtree Ventures and high profile private investor David Fite.