Prospa stories
![Story image](../../../../../uploads/story/2024/04/24/preview_img-Tz62k1LpzjLpr5pqhg8LWlQr.webp)
Nearly half of Australian SMEs project dip in turnover
Thu, 25th Apr 2024
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fintechs
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financial systems
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investment
Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.
![Story image](../../../../../uploads/story/2024/03/21/preview_img-OSCEoigjKovFUGBZ9qEIcVsU.webp)
New Zealand SMEs explore alternative funding amid economic strain
Thu, 21st Mar 2024
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fintechs
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prospa
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online banking
Economic stress leads 81% of NZ's SMEs to express concern over securing funds, forcing them to explore alternative finance methods.
![Story image](../../../../../uploads/story/2024/02/12/preview_img-ShNMUZCsASVzNscIumvJ2c31.webp)
Prospa offers interest-free loans to New Zealand SMEs for EOFY
Mon, 12th Feb 2024
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prospa
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hospitality
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nz
Prospa, a fintech firm, unveils special EOFY offer providing business loans with no interest or repayments for four weeks, aimed at offering much-needed relief to SMEs facing ongoing supply chain and labour cost issues.
![Story image](../../../../../uploads/story/2023/11/02/preview_fin_app.webp)
Prospa launches New Zealand's first SME lending app boosting business growth
Thu, 2nd Nov 2023
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smartphones
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fintechs
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prospa
Prospa, the Australian lender, launches New Zealand's first SME lending app to aid efficient cash flow management.
![Story image](../../../../../uploads/story/2023/10/26/preview_aws.webp)
Mambu's cloud banking platform now accessible via AWS Marketplace
Thu, 26th Oct 2023
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hyperscale
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public cloud
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fintechs
This new development will facilitate the fintech's ability to deliver its core banking services seamlessly on a global scale.
![Story image](../../../../../uploads/story/2023/09/12/preview_GettyImages-1313742092.webp)
Prospa and Lend Capital partner on marketplace platform
Tue, 12th Sep 2023
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partner programmes
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funding
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prospa
Prospa is entering a partnership with Lend Capital to bring its small business loans marketplace to New Zealand.
![Story image](../../../../../uploads/story/2023/06/28/preview_GettyImages-1388908655.webp)
Prospa accelerates its environmental action plan with Trace
Wed, 28th Jun 2023
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cleantech
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sydney
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prospa
Prospa partners with Sydney-based climate tech startup Trace to measure, reduce and offset its carbon emissions as part of its journey to Net Zero emissions.
![Story image](../../../../../uploads/story/2022/04/13/preview_GettyImages-1309264562.webp)
Survey reveals NZ businesses dipping into personal savings to stay afloat
Wed, 13th Apr 2022
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fintechs
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smb
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prospa
According to new research from Prospa, 40% of Kiwi small businesses use personal savings to support operations.
![Story image](../../../../../uploads/story/2022/03/09/preview_GettyImages-1023100020.webp)
Demand for business financing grows as businesses restock
Fri, 11th Mar 2022
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government
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financing
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prospa
Australian small businesses, much like businesses everywhere else in the world, have been struggling since the beginning of the pandemic.
![Story image](../../../../../uploads/story/2021/02/05/preview_GettyImages-490782234.webp)
Access to finance biggest pain-point for growth amongst SMEs - study
Fri, 5th Feb 2021
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prospa
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lending platform
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sme
Accessing funding from banks and traditional lenders is increasingly difficult for Kiwi small business owners, says a YouGov study.
![Story image](../../../../../uploads/story/2019/08/13/preview_PIC_5995-e1565234809720.webp)
Prospa launches $45m facility to fund small business loans
Tue, 13th Aug 2019
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smb
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prospa
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small business loans
Prospa has launched a new warehouse facility that will be able to fund loans for New Zealand’s small businesses.
![Story image](../../../../../uploads/story/2019/06/18/preview_GettyImages-955988522.webp)
Business management proving a struggle for Kiwi SMEs
Tue, 18th Jun 2019
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fintechs
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financial systems
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prospa
Small business owners in New Zealand are struggling with finance, IT and digital marketing, according to a study by Prospa.
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Reckon and Prospa hit $10 Million loan milestone for Aussie SMBs
Thu, 1st Mar 2018
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fintechs
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partner programmes
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financial systems
The online lending market in Aus is has grown at unprecedented speeds, demonstrating the demand for quick and fuss-free access to business capital.
![Story image](../../../../../uploads/story/2016/11/07/preview_ThinkstockPhotos-458831223.webp)
Prospa named #1 in Australia at the Smart50 Awards
Mon, 7th Nov 2016
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prospa
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funding
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kpmg
Prospa wins first place at Smart50 Awards with 1000% growth. CEO says it's just the beginning of their journey. #smallbusiness #fintech.
![Story image](../../../../../uploads/story/2016/07/26/preview_ThinkstockPhotos-544461392.webp)
Reckon and Prospa offer customers exciting new loan platform
Tue, 26th Jul 2016
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fintechs
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financial systems
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prospa
Prospa and Reckon have teamed up to offer customers an online business loan platform, providing greater flexibility and access to working capital.
![Story image](../../../../../uploads/story/2015/11/23/preview_1.webp)
Prospa named Australia’s fastest growing tech company
Mon, 23rd Nov 2015
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deloitte
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prospa
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partners
Prospa clinches top spot as Australia’s quickest growing tech firm, boasting a 6971% surge in revenue, revolutionising small business lending.