Prospa delays ASX listing to respond to ASIC queries on loan terms
Small business lending startup Prospa has delayed its ASX listing as it seeks to clarify questions raised by ASIC yesterday around its loan terms.
Small business lending startup Prospa has delayed its ASX listing as it seeks to clarify questions raised by ASIC yesterday around its loan terms.
Three years in the making, Judo Capital is launching into the market today with a focus on building real relationships with its SME customers.
Bicycle Queensland has partnered with peer-to-peer equipment rental platform Quipmo to help members lend out their bikes.
MoneyMe has raised a $120 million asset-backed securitisation facility, while business-focused lender Waddle has raised $50 million in debt funding.
Credi is working with lenders and borrowers who don’t traditionally see themselves in those terms – friends and family who simply lend each other money.
Prospa has announced that it has raised a $20 million debt facility from Silicon Valley based VC firm Partners For Growth.
A growing number of niche platforms are tapping into the opportunities within the peer to peer model, with one being Designerex.
Peer-to-peer lending platform RateSetter has announced a $20 million investment from the Australian Government’s Clean Energy Finance Corporation (CEFC) to fund the launch of a green loan marketplace.