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 »
The Australian alternative lending space has a new player in its midst, with new offering Lumi launching following the raise of a $31.5 million Series A round.
Small business lending startup Prospa has delayed its ASX listing as it seeks to clarify questions raised by ASIC yesterday around its loan terms.
Four months after appointing a new CEO, Sydney-based fintech company Tyro Payments has announced Kareem Al-Bassam as its Head of Product.