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Prospa Group Ltd
Level 1, 4-16 Yurong Street
Phone: +61 300882867p:+61 300882867 Sydney, NSW  2000  Australia

On 8/8/2024, the Company was acquired by a consortium led by Salter Brothers Tech Trust No. 1.
This company is no longer actively traded on any major stock exchange.

Business Summary
Prospa Group Ltd is an Australia-based financial technology company. The Company is a provider of cash flow products and services. The Company’s operations consist primarily of the provision of loans to small businesses in Australia and New Zealand. It facilitates referrals and customer acquisitions from a network of distribution partners, including finance brokers, aggregator networks, online affiliates, accountants and other advisers. The purpose-built credit decision engine (CDE) enables approvals and adoption of dynamic risk-based pricing, where interest rates associated with a facility are based on credit risk assessments for individual customers. Its CDE allows the business to quickly evaluate opportunities and potential risks across the portfolio. Its product suite includes a Small Business Loan and a Line of Credit. The Company has launched Prospa Plus Business Loans, offering higher credit quality for small to medium enterprises (SME).

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/20236/30/2023Yes----

Industries
SIC Code Description
6141 Personal credit institutions

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Independent Chairman of the Board Gail M.Pemberton 2/1/2019 3/1/2018
Chief Executive Officer, Co-Founder, Executive Director GregoryMoshal 8/1/2018 8/1/2018
Chief Revenue Officer, Co-Founder, Executive Director BeaumontBertoli 4/1/2018 4/1/2018
9 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 163,674,936 (As of 12/31/2023)
Stock Exchange: ASX


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Wednesday, November 20, 2024