Prospa, an online small business lender, has been recognized by Deloitte Technology Fast 50 Australia Awards for 2018. Prospa ranked 20th overall and 5th for leadership.
The Deloitte Technology Fast 50 Australia Awards rank Australia’s fastest growing public or private technology companies based on their percentage revenue growth over the last three years (2016-18). To qualify, each company must have minimum cumulative revenues of $8 million over the period.
The leadership category recognizes companies which have generated operating revenues above $50 million
“To date we’ve delivered more than $750 million in loans to 15,000 small business, hired our 200th team member, and entered the New Zealand market. It’s hugely rewarding to be recognised in the Leadership category and great to see such strong representation from the wider fintech community.”
Joshua Tanchel, Deloitte Technology Fast 50 lead partner said that companies like Prospa are indicative of how Fintech can improve markets:
“Deloitte is proud to celebrate the achievements of Australia’s brightest technology innovators and look forward to working with them as they grow in the future.”