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Prospa
Loans to small businesses in Australia
About Prospa
Prospa is a leading online lender specializing in providing flexible business loans tailored to the needs of small businesses. Operating primarily in the Australian market, Prospa serves small business owners who require quick and hassle-free access to funds for growth, cash flow support, or unexpected expenses. The company offers loans ranging from $5,000 to $150,000 with terms up to 24 months, and larger loans up to $500,000 with terms up to 36 months for businesses with higher turnover and longer trading history.
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Prospa's business model focuses on simplifying the lending process through a fast online application and approval system. This allows businesses to receive funding within 24 hours, minimizing downtime and enabling them to seize opportunities without delay. The company makes money by charging interest on the loans it provides, as well as any applicable fees associated with the loan agreements.
Prospa's target clients are small business owners who need quick and flexible funding solutions without the burden of providing upfront asset security. The company prides itself on its customer-centric approach, offering dedicated Business Lending Specialists to assist clients throughout the loan process.
At a glance
- Founded
- 2011
- Headquarters
- Sydney, Australia
- Listing
- IPO 2019
- Sector
- Fintech
- Power Law
- Thoroughbred$100M+ revenue
Latest news
Press, funding announcements and product moves mentioning Prospa.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Entrée Capital- ICIronbridge Capital
AirTree Ventures
The Carlyle Group
Square Peg Capital
Series B and later3 investors entered at this stage
Partners For Growth
Poalim Capital Markets
Bossa Invest
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
An AI-synthesised read of the highest-engagement posts about Prospa on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Prospa on the full Dealroom platform
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