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Prospa: Raises $3.8m pre-seed to offer software to Nigerian micro-businesses

Prospa: Raises $3.8m pre-seed to offer software to Nigerian micro-businesses

  • Prospa is an ASX-listed, multi-award-winning financial technology company and Australia’s #1 online lender to small businesses
  • Announced it closed a $3.8 million pre-seed investment, which was oversubscribed by 380%
  • The round was backed by venture funds Global Founders Capital and Liquid 2 Ventures
  • Leading entrepreneurs also participated in the round including Mercury’s Immad Akhund, Ramp’s Karim Atiyeh
  • With the capital plans to further accelerate customer acquisition, scale its team with a focus on product
  • The team is building a world-class product that is tailored to the needs of Nigeria’s entrepreneurs
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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