Company Information

Get to know Prospa

Founded in 2012, Prospa Group Limited (ASX: PGL) is a leading Australian online lender dedicated to supporting small businesses. The company's mission is to make business finance easier and faster by using proprietary technology to streamline the application and approval process. Prospa offers a range of financial products, including small business loans, a line of credit, and business transaction accounts, positioning itself as a key financial partner for the small business sector in Australia and New Zealand.

Industry

Financial BankingPRIMARY
Financial Other Service

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Prospa

South Africa

Founded in

05 Dec 2017 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.