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Prospa
AddedMar 22, 2024
UpdatedJun 18, 2026
Prospa

Prospa

Pre-Seed

Empowering entrepreneurs to thrive with tailored financial solutions.

HQ
Lagos, Lagos, NG
Founded
2019
Accelerator
Y Combinator logoY CombinatorW21
Overview
Compare
Fundraising
Employees
Website

Prospa, founded with a mission to empower entrepreneurs, offers tailored financial solutions designed to help businesses start, grow, and scale. Positioned as more than just a bank, Prospa provides a suite of services including fully operational business bank accounts, cards, loans, and cash deposit facilities. The company is fully licensed by the Central Bank of Nigeria (CBN) and focuses on delivering comprehensive financial tools to drive business prosperity.

Notable for its innovative approach to business banking, Prospa has attracted significant attention from investors and industry leaders. The company's impact is evident in its rapid adoption among entrepreneurs seeking reliable financial partners. With deposits insured and a commitment to supporting business growth, Prospa is making substantial strides in transforming how businesses manage their finances and achieve long-term success.

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Prospa - Quick Facts

Who are Prospa's competitors?

Companies similar to Prospa include Blackcopper, Cowrywise, Mono and Mono.

When was Prospa founded?

Prospa was founded in 2019.

Where is Prospa's headquarters located?

Prospa's headquarters is located in Lagos, Lagos, NG.

When was Prospa's last funding round?

Prospa's most recent funding round was for $3.8M (USD) in September 2021.

How much has Prospa raised to-date?

As of Sep 8, 2021, Prospa has raised a total of $3.9M (USD).

How many employees does Prospa have?

Prospa has 5 employees as of Feb 24, 2024.

Prospa - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Asia
Revenue
  • Recurring
  • Transactional
Customer
  • Small Business
Main Product
  • Financial Solutions
Tags
  • Banking
  • Financial
  • SaaS
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice