Prospa expands New Zealand team

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

Karmen De Wet and Cristina Barandiaran have been appointed as Business Development Managers for Prospa New Zealand. They will be focussed on building and leveraging new and existing partnerships to drive growth and deliver cash flow products and services that enable small business to prosper.

Karmen has previously held sales development roles at Eclipx Commercial New Zealand and FlexiGroup NZ Limited and will be based in Auckland.

Cristina has been appointed internally, having been a member of the Prospa team for more than three years. She has played an integral role in the company’s New Zealand operations since its pilot launch in late 2018.

Adrienne Church, General Manager of Prospa New Zealand said:

“We’re delighted to further expand our local team with two stellar appointments. Karmen and Cristina bring strong industry knowledge to these roles and share our vision of keeping small business in New Zealand moving. Their proven dedication to customer experience will deliver outstanding results for those adviser partners, both new and existing, who are looking to diversify and capitalise on the massive opportunity in small business lending.”

Prospa formally launched in New Zealand in March this year and is the number #1 online lender to small business in Australia. It has already delivered more than $12.5 million in lending to New Zealand small businesses and recently joined the NZFSG panel.

Prospa also listed on the ASX on 11 June 2019. A significant portion of funds raised will go toward investing in new products and growing the New Zealand market.

Prospa provides business loans ranging from $5,000 to $150,000, with no asset security required to access up to $100,000. Application takes just 10 minutes, businesses can receive same day approval, and funding is possible within 24 hours. Prospa currently works with more than 8,900 distribution partners across Australia and New Zealand, including aggregators, associations and trusted corporate brands.

About Prospa

  • Prospa provides cash flow products and services that allow small businesses to prosper
  • Prospa has originated over $1 billion in loans to date in Australia and New Zealand
  • Prospa has over 19,000 unique small business customers
  • Prospa is an AON Hewitt Employer of Choice in 2017 and 2018
  • Prospa’s Net Promotor Score is in excess of +77
  • Prospa achieved a clean sweep of the MFAA State Excellence Fintech Lender Award in 2018 and 2019, receiving the accolade in all states and territories

Media Contact:

Stephanie Hansen
[email protected]
+61488 219 288