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Prospa provides trading update and announces pricing of its first public ABS issuance backed by SME loans

Prospa is pleased to announce a trading update for the first two months of FY22 and the pricing of its first public asset-backed securitisation (“ABS”) of AUD $200 million issued to wholesale investors.

Prospa survey highlights the resilience and optimism of Kiwi small business owners

Almost all (95%) respondents enjoy being a small business owner in New Zealand Research shows 65% of small business owners feel more connected to and supported by their local community now than before COVID-19 Six in ten (58%) small business owners agree that their business is more resilient and sustainable today than before COVID-19 More […]

Prospa surpasses $2 billion in lending to small business economy in Australia and New Zealand

Prospa is pleased to announce it has delivered over $2 billion in lending to date through its financial technology platform supporting growth in the small business economy in Australia and New Zealand.

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Prospa survey reveals access to finance one of the biggest pain-points for growth amongst Kiwi SMEs

Research conducted by YouGov, commissioned by small business lending specialist, Prospa, reveals the majority (57%) of small business owners in New Zealand say it is getting harder to access funding from the banks and traditional lenders. For younger businesses operating less than five years, this figure was as high as 69%. 

Prospa announces new Chief Financial Officer

Prospa announces the appointment of Ross Aucutt as Chief Financial Officer.

Prospa HY20 Results: strong originations and customer growth continues

Prospa is pleased to announce its results for the six months ended 31 December 2019 (HY20).

Interim CFO Announcement

Prospa announces that Peter Loosmore has been appointed as interim Chief Financial Officer as of 28 January 2020.

Prospa appoints new BDM to support growing adviser network

Prospa has appointed a new Business Development Manager to its New Zealand team to support a growing adviser network.

Prospa expands New Zealand team

Small business lending specialist Prospa has announced two new appointments to key New Zealand business growth roles.

Prospa survey reveals small business sacrifices

A new study of small business owners has provided critical insight into the experience of running your own venture in New Zealand.

Prospa lists on the ASX

The Board and management of Prospa Group Limited are pleased to announce the company has been admitted to the official list of the Australian Securities Exchange (ASX) following the successful completion of the IPO.

Adrienne Church appointed GM of Prospa New Zealand

Adrienne Church has been appointed as Prospa’s General Manager in New Zealand.

Kurt Jacks – The Rib House

Wanting funds to upgrade and renovate his southern style ribs restaurant in Pakuranga, Auckland, Kurt turned to Prospa for help.

Susy Egneus – Bodyworkz

After experiencing a growth spurt, Susy realised it was time to hire more staff and expand her mobile corporate massage business. Here’s how she did it.