prospa

Prospa Lowers Interest Rates In Second Go At IPO

Prospa Lowers Interest Rates In Second Go At IPO
Prospa Lowers Interest Rates In Second Go At IPO
May 17, 2019  |  B2B Payments

More than a year after Prospa delayed its initial public offering (IPO) plans, the Australian alternative lender is once again gearing up to go public —...

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SoftBank Investment Creates $3.5B Supply Chain Finance Firm
SoftBank Investment Creates $3.5B Supply Chain Finance Firm
May 17, 2019  |  B2B Payments

Software as a service proved popular with investors this week, particularly in the cybersecurity space. But the largest round came courtesy of the SoftBank Vision...

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Prospa Agrees To Fair Lending Code Following Backlash, Nixed IPO
Prospa Agrees To Fair Lending Code Following Backlash, Nixed IPO
January 08, 2019  |  B2B Payments

Australian alternative small business lender Prospa is hoping to start the new year off right, announcing that the company will adhere to the industry’s co-called...

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Prospa Bends To Regs’ Unfair Contract Claims
Prospa Bends To Regs’ Unfair Contract Claims
September 10, 2018  |  B2B Payments

Weeks after Australia alternative lending platform Prospa cancelled its IPO, amid backlash over contractual agreements with borrowers, the company has bowed to regulators’ demands that...

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Alt-Lenders Vow Transparency After Prospa Backlash
Alt-Lenders Vow Transparency After Prospa Backlash
July 02, 2018  |  B2B Payments

Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa‘s high interest rates, which caused the FinTech to scrap its initial public...

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Westpac Ends Prospa Collaboration After IPO Postponement
Westpac Ends Prospa Collaboration After IPO Postponement
June 12, 2018  |  B2B Payments

Days after Australian alternative lending platform Prospa delayed its Initial Public Offering (IPO) indefinitely, one of its bank partners, Westpac, announced it was ending its...

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WeWork Lands $500M With Big Plans For China
WeWork Lands $500M With Big Plans For China
July 28, 2017  |  B2B Payments

It may be slow on the B2B venture capital front, with just $31.5 million in funding rounds for some pretty niche enterprise service providers. But...

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Alt-Lender Prospa Lands Australia’s Largest FinTech Funding
Alt-Lender Prospa Lands Australia’s Largest FinTech Funding
February 23, 2017  |  B2B Payments

Alternative lender Prospa has raised new venture capital that comes with a prestigious label for the company. Get the Full Story Complete the form to...

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Reckon Snubs The Banks With Prospa SME Loan Deal
Reckon Snubs The Banks With Prospa SME Loan Deal
July 22, 2016  |  B2B Payments

Small business accounting firm Reckon wants to help its SMEs access financing — without having to go to the bank. To do so, the company...

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