Showing 1 results for:


by Topic

All results

Fintech Startup Prospa Raises $3.8M Pre-Seed Round To Bring Banking And Software Services To Small Businesses

Startups in Nigeria like Prospa are taking action to help get more businesses running. As the fintech startup aims to provide small businesses with banking and software services, it has closed a $3.8 million pre-seed round which will help them achieve their mission. TechCrunch reports that Prospa — who especially caters to freelancers and entrepreneurs that typically have less access to resources for their businesses — just raised “the largest round of its kind in Nigeria and sub-Saharan Africa at the moment.” The founding team behind Prospa are Frederik Obasi, Chioma Ugo and Rodney Jackson-Cole. The trio started building Prospa between June and September 2019. According to TechCrunch, the team launched their startup in the act to “cheaply solve the needs of these small business owners in banking and software.” “There’s a massive startup ecosystem in the U.S. where you can basically grow a billion-dollar company just serving YC companies,” Obasi told TechCrunch. “We don’t have that...

Ngozi Nwanji

Sep 8, 2021