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Prospa stories

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Bizzy launches NZ platform to simplify SME lending comparisons

Tue, 15th Jul 2025
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Bizzy has launched a free online platform to help New Zealand small businesses compare multiple lending offers through a single, transparent application.
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Alternative lending gains popularity among New Zealand SMEs

Thu, 5th Dec 2024
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A Prospa survey reveals many New Zealand SMEs view summer as vital, with 43% expecting better conditions despite economic challenges ahead.
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Prospa launches tools for New Zealand SMEs to enhance growth

Tue, 29th Oct 2024
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Prospa has launched new financial tools for SMEs, including Bill Pay and expanded loan limits, to ease the pressures on small business owners in New Zealand.
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Nearly half of Australian SMEs project dip in turnover

Thu, 25th Apr 2024
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Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.
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New Zealand SMEs explore alternative funding amid economic strain

Thu, 21st Mar 2024
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Economic stress leads 81% of NZ's SMEs to express concern over securing funds, forcing them to explore alternative finance methods.
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Prospa offers interest-free loans to New Zealand SMEs for EOFY

Mon, 12th Feb 2024
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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.
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Prospa launches New Zealand's first SME lending app boosting business growth

Thu, 2nd Nov 2023
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Prospa, the Australian lender, launches New Zealand's first SME lending app to aid efficient cash flow management.
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Mambu's cloud banking platform now accessible via AWS Marketplace

Thu, 26th Oct 2023
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This new development will facilitate the fintech's ability to deliver its core banking services seamlessly on a global scale.
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Prospa and Lend Capital partner on marketplace platform

Tue, 12th Sep 2023
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Prospa is entering a partnership with Lend Capital to bring its small business loans marketplace to New Zealand.
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Prospa accelerates its environmental action plan with Trace

Wed, 28th Jun 2023
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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.
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Survey reveals NZ businesses dipping into personal savings to stay afloat

Wed, 13th Apr 2022
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According to new research from Prospa, 40% of Kiwi small businesses use personal savings to support operations.
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Demand for business financing grows as businesses restock

Fri, 11th Mar 2022
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Australian small businesses, much like businesses everywhere else in the world, have been struggling since the beginning of the pandemic.
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Access to finance biggest pain-point for growth amongst SMEs - study

Fri, 5th Feb 2021
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Accessing funding from banks and traditional lenders is increasingly difficult for Kiwi small business owners, says a YouGov study.
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Prospa launches $45m facility to fund small business loans

Tue, 13th Aug 2019
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Prospa has launched a new warehouse facility that will be able to fund loans for New Zealand’s small businesses.
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Business management proving a struggle for Kiwi SMEs

Tue, 18th Jun 2019
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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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The online lending market in Aus is has grown at unprecedented speeds, demonstrating the demand for quick and fuss-free access to business capital.
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Prospa named #1 in Australia at the Smart50 Awards

Mon, 7th Nov 2016
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Prospa wins first place at Smart50 Awards with 1000% growth. CEO says it's just the beginning of their journey. #smallbusiness #fintech.
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Reckon and Prospa offer customers exciting new loan platform

Tue, 26th Jul 2016
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Prospa and Reckon have teamed up to offer customers an online business loan platform, providing greater flexibility and access to working capital.
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Prospa named Australia’s fastest growing tech company

Mon, 23rd Nov 2015
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Prospa clinches top spot as Australia’s quickest growing tech firm, boasting a 6971% surge in revenue, revolutionising small business lending.