Rate cut should bolster business confidence says Prospa CEO

- November 4, 2020 2 MIN READ

The Reserve Bank’s decision to further cut interest rates has been welcomed by small business fintech Prospa. CEO and co-founder Greg Moshal says after a year of surprises, small businesses are beginning to feel confident once more and the rate cut will bolster these feelings. RBA cuts will boost confidence In an interview with Startup… Read more »


Government invests $15billion in support of small business lending

- March 19, 2020 2 MIN READ

The Morrison Government today announced an investment of up to $15 billion to enable smaller lenders to continue supporting Australian consumers and small businesses. The Government’s actions will enable customers of smaller lenders to continue to access affordable credit as the world deals with the significant challenges presented by the spread of coronavirus. Small lenders… Read more »


The news you need to know: August 30 2019

- August 30, 2019 2 MIN READ

Grab your dose of the daily news as we reveal everything small business owners need to know on Friday, 30 August 2019. Siri is listening and so is Apple We all think our phones are secretly listening to us but Apple has finally confirmed it. The global tech giant was forced to issue an apology… Read more »


Four steps for building a purpose-led business

- April 19, 2019 3 MIN READ

Today, we are demanding more of consumer brands when it comes to social corporate responsibility. We are also demanding more of the companies we work for, writes  Elise Ward, General Manager People and Purpose at Prospa. While competitive salaries and professional growth are still strong motivators, today’s workforce is increasingly looking for career experiences that… Read more »


Online lender Prospa surpasses $1 billion in small business lending

- March 18, 2019 2 MIN READ

Online lender Prospa continues to cement its place as a small business lender with the announcement it has surpassed $1 billion in loans to over 19,000 Australian  small businesses. Unlike the big four banks who received considerable reputational damage following the finding of the Royal Commission into Banking, Prospa’s customer satisfaction remains consistently high with… Read more »


Report finds small businesses making big sacrifices

- December 7, 2018 2 MIN READ

Research by small business lender Prospa has found small business owners are sacrificing health and well being as they struggle to make time to relax due to business pressures. One in four business owners reported working seven days a week to keep their business afloat. While three quarters suggest running their business impacts their ability… Read more »


Remove unfair contract terms or face ASIC says ombudsman

- September 10, 2018 < 1 MIN READ

In a survey carried out by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) earlier this year, only 50 per cent of the fintech companies surveyed considered their contracts compliant with existing Unfair Contract Term (UCT) legislation. The finding prompted Small Business and Family Enterprise Ombudsman Kate Carnell to call for all fintechs to… Read more »