Prospa
PrivateLast Round
Pre Seed
Sep 8, 2021
Est. Valuation
$1.79M
Total Funding Raised
$3.93M
Company Overview
Prospa is a Nigerian fintech company, founded in 2019, that provides digital banking and software solutions for small and medium-sized enterprises (SMEs), startups, and freelancers in Africa. The company's platform offers a business bank account that can be opened in minutes, alongside a suite of tools for invoicing, expense management, payroll, loans, and e-commerce. Prospa describes its product as '10% banking and 90% software,' aiming to be a comprehensive operating system for businesses. It is licensed by the Central Bank of Nigeria (CBN), and all deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC). The company participated in Y Combinator's Winter 2021 batch and raised a $3.8 million pre-seed round in September 2021.
Sector
FinTech
Verticals
Corporate Banking, Digital Payments, Lending & Credit, Accounting & Expense, Point-of-Sale
Business Model
B2B
Customer Profile
Subscription SaaS, Payment Processing Fee, Freemium, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Prospa Comparables
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Prospa Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Pre Seed | Sep 8, 2021 | ||||
| Accelerator | Mar 23, 2021 |
Prospa Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| MAVA Ventures | Pre Seed |
| Global Founders Capital | Pre Seed |
| Global Founders Capital | Pre Seed |
| Y Combinator | Pre Seed, Accelerator |
| Microtraction | Pre Seed |
| Musha Ventures | Pre Seed |
| Liquid 2 Ventures | Pre Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 9, 2025
Added SendBit, a technology startup, as a customer.
- Sep 9, 2025
Added Eggcorn Digital, a startup in digital marketing.
Prospa Filings
SEC and related filings with document metadata.
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|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Prospa's valuation, stock price, and market status.