Tagged: beau bertoli

February 27, 2020 @ 10:59 pm By JD Alois  |  

Leading SME online lender Prospa Group Limited (ASX:PGL) has published results for the six months ended 31 December 2019 (HY20). According to the Fintech, total loan originations for the 6 month period were $306.8 million, bringing originations for the calendar year (CY19) to $583.0 million,… Read More

October 19, 2019 @ 2:12 pm By JD Alois  |  

For the fourth year in a row, EY Australia has partnered with Fintech Australia to publish a “census” on the status of the Fintech industry. The census is the result of a survey of 120 different Aussie Fintechs. In this year’s report, EY states that… Read More

May 16, 2019 @ 10:25 am By JD Alois  |  

Australian Fintech Prospa has announced its intent to complete an initial public offering (IPO) on the ASX on June 11, 2019. Prospa was founded by Greg Moshal and Beau Bertoli in 2012 with seed funding from Entrée Capital. The online lender originated its first loan… Read More

March 19, 2019 @ 10:06 pm By JD Alois  |  

Online lender Prospa has reported that loan originations have surpassed $1 billion. Prospa has now delivered the loans to over 19,000 Australian and New Zealand small businesses. The Fintech has also shared its top-level financial numbers. For the year ended 31 December, 2018 loan originations… Read More

January 28, 2019 @ 9:46 pm By JD Alois  |  

Australian online lender Prospa has published a note reporting its services have boosted the Aussie economy by $3.65 billion in GDP. This amount apparently helps to maintain over 52,000 full-time jobs. The Fintech partnered with the RFi Group and the Centre for International Economics (CIE),… Read More

January 6, 2019 @ 9:13 pm By JD Alois  |  

Prospa, an online lender providing financing to SMEs, says that as of January 1st they will be operating in compliance with the Code of Lending Practice. The Code was created by a group of online lenders seeking to establish best practices for the sector of… Read More

November 15, 2018 @ 10:14 pm By JD Alois  |  

Prospa, an online small business lender, has been recognized by Deloitte Technology Fast 50 Australia Awards for 2018. Prospa ranked 20th overall and 5th for leadership. The Deloitte Technology Fast 50 Australia Awards rank Australia’s fastest growing public or private technology companies based on their… Read More

September 11, 2018 @ 9:53 pm By JD Alois  |  

Prospa says it has been named 6th on the 2018 LinkedIn Top Startups List. The list marks the 25 best startups to work for in Australia. Prospa adds that it is the top Fintech on the list as well. Prospa is an online lender catering… Read More

August 5, 2018 @ 9:04 pm By JD Alois  |  

Prospa, a leading online lender to small businesses in Australia, has been named a Best Employer in the AON Hewitt Best Employers program for the second year running. Prospa has scaled from startup to medium-sized high-growth business, while maintaining a culture that “nurtures talent, fosters… Read More

April 9, 2018 @ 12:03 am By JD Alois  |  

  Prospa, one of Australia’s leading online lenders to SMEs, has appointed Gail Pemberton AO and Fiona Trafford-Walker as Independent Non-Executive Directors to the Prospa Board. Prospa also announced that current Non-Executive Director Greg Ruddock has been appointed to the role of Chairman of the… Read More

March 16, 2018 @ 3:28 pm By JD Alois  |  

  FinTech Australia, is highlighting a report this week that points to the decline in traditional fince options (IE Banks) and the ongoing rise in SMEs using Fintech platforms to address their capital needs. The report is courtesy of the Scottish Pacific SME Growth Index, released… Read More

February 27, 2018 @ 5:24 pm By JD Alois  |  

Three Australian groups have joined together to produce a report that outlines the steps taken by Fintech lenders to boost both transparency and disclosure. FinTech Australia, the Australian Small Business and Family Enterprise Ombudsman, and theBankDoctor published a report today that reviews Fintech lending to… Read More

February 16, 2018 @ 9:13 am By JD Alois  |  

Prospa, a Sydney based online lender servicing the SME market, has received a nice recognition as it took the top spot for a high growth firm in Asia Pacific. According to a recent ranking of the top 1000 firms in Asia-Pacific by the FT, Prospa… Read More

November 30, 2017 @ 9:48 pm By JD Alois  |  

Prospa, an online lender serving SMEs in Australia, had a visit from the Honorable Scott Morrison yesterday. The Treasurer of Australia help to open up Prospa’s new high tech Darlinghurst office, which apparently is quite large extending over two floors housing a team of 150…. Read More

November 8, 2017 @ 6:37 pm By JD Alois  |  

Prospa has claimed first in the race to originate over half a billion in small business loans. The online lender states that over the past 12 months, Prospa has experienced dramatic growth, doubling the size of its loan book. Prospa has now provided credit to… Read More

September 21, 2017 @ 8:54 am By JD Alois  |  

China is the biggest kid on the block when it comes to the emerging alternative finance market in the Asia Pacific region. In fact, China has the largest alternative finance market in the world driven by a fast growing economy, a highly connected population via… Read More

September 4, 2017 @ 8:46 pm By JD Alois  |  

Prospa , a leading online lender catering to Australian SMEs, has appointed Rebecca James as its new Chief Marketing and Enterprise Officer. Prospa said the move was indicative of platform growth and the need to boost its executive bench. Prospa has been recognized as the Best… Read More

July 19, 2017 @ 7:39 am By JD Alois  |  

Prospa, an online lender to Australian small business, has been awarded the 2017 Telstra New South Wales Medium Business Award in the 2017 Telstra Business Awards. Prospa said it was the first Fintech company to be awarded the accolade. This is the company’s third consecutive… Read More

June 21, 2017 @ 10:36 pm By JD Alois  |  

Prospa, an Australian online lender for small businesses, has appointed Damon Pezaro as its first Chief Product Officer. The online lender described the appointment as part of an expansion to its product offering to help more small business owners access finance. Pezaro joins Prospa from… Read More

May 24, 2017 @ 6:36 pm By JD Alois  |  

The winners of the inaugural Finnie awards were announced earlier today at a ceremony attended by more than 200 guests at Sydney’s Darling Harbour, according to FinTech Australia. The winners of 29 awards were chosen by 39 local and international judges from 158 entries. The… Read More