Prospa named Australia’s fastest growing technology company in Deloitte TechFast 50
Announcement posted by Prospa 20 Nov 2015
SYDNEY, Australia – 20 November 2015 – Prospa, Australia’s leading online small business lender, has been named Australia’s fastest growing technology company at the annual Australian Deloitte Technology Fast 50 awards held at the ASX on Thursday 19 November.
Prospa led the pack with a phenomenal 6971 percent revenue growth from 2013 to 2015. This prestigious award is a true recognition of Prospa’s bold innovation, dedicated leadership and strong growth.
"We are thrilled to be at the top of such an esteemed list of fast growing Australian companies," said Beau Bertoli, Joint CEO of Prospa. "Being ranked first on the Deloitte TechFast 50 is an incredible endorsement of the success Prospa has experienced over the past three years.”
“Prospa has solved a very real problem for small businesses by providing them with the opportunity to access fast and easy finance to grow. Through our investment in technology and our team, we’ve developed an Australian-specific unsecured small business loan product with cash flow friendly repayments and a fast, easy online application that meets the demand of a hugely underserviced market.”
“We are determined to remain Australia’s leading online small business lender by continuing to offer new solutions and outstanding customer experience to our small business customers. We will also continue to invest in technology, our people and partners. As the small business finance market grows, we in turn expect to continue our growth trajectory” added Bertoli.
Joshua Tanchel, Deloitte Tech Fast 50 lead partner said: “I am delighted to announce that the 2015 Deloitte TechFast 50 winner is Prospa, a fintech. As one of Australia’s largest online small business lenders, Prospa secured a phenomenal 6971% growth, almost double last year’s winning 3626% growth, ably delivered by NEXTDC, one of Australia’s leading data centre designers, developers and operators.
“Each year we are blown away by the quality, capacity and foresight of our Deloitte TechFast 50 award winners. Their ideas, their grasp of what the market wants, and their ability to deliver is simply awesome.”
Prospa’s ranking in the Asia Pacific Technology Fast 500 will be announced in Honk Kong on the 3rd December 2015.
About Prospa
Prospa is Australia’s leading online small business lender and committed to helping small businesses access the funds they need to grow. Using a proprietary technology platform and a fast, simple online application process, Prospa can approve loans and provide funding within 24 hours. Since 2011, this Australian-owned, high growth company has lent over $80m to thousands of small businesses grow, was placed #20 in BRW’s Fast Starters 2015 and is a 2015 Telstra Business Award finalist. More information can be found at www.prospa.com.
About Deloitte Technology Fast50
The Australian program is part of the global Deloitte Technology Fast 500 program run in parallel with the United States, Canada, United Kingdom, France, Norway, Sweden, The Netherlands, Germany, Central Europe, Israel, South Africa, China, Hong Kong, India, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand.
Deloitte Technology Fast 50 winners receive exposure and recognition from media and industry, and become part of an exclusive network of high-performing technology companies.
Prospa led the pack with a phenomenal 6971 percent revenue growth from 2013 to 2015. This prestigious award is a true recognition of Prospa’s bold innovation, dedicated leadership and strong growth.
"We are thrilled to be at the top of such an esteemed list of fast growing Australian companies," said Beau Bertoli, Joint CEO of Prospa. "Being ranked first on the Deloitte TechFast 50 is an incredible endorsement of the success Prospa has experienced over the past three years.”
“Prospa has solved a very real problem for small businesses by providing them with the opportunity to access fast and easy finance to grow. Through our investment in technology and our team, we’ve developed an Australian-specific unsecured small business loan product with cash flow friendly repayments and a fast, easy online application that meets the demand of a hugely underserviced market.”
“We are determined to remain Australia’s leading online small business lender by continuing to offer new solutions and outstanding customer experience to our small business customers. We will also continue to invest in technology, our people and partners. As the small business finance market grows, we in turn expect to continue our growth trajectory” added Bertoli.
Joshua Tanchel, Deloitte Tech Fast 50 lead partner said: “I am delighted to announce that the 2015 Deloitte TechFast 50 winner is Prospa, a fintech. As one of Australia’s largest online small business lenders, Prospa secured a phenomenal 6971% growth, almost double last year’s winning 3626% growth, ably delivered by NEXTDC, one of Australia’s leading data centre designers, developers and operators.
“Each year we are blown away by the quality, capacity and foresight of our Deloitte TechFast 50 award winners. Their ideas, their grasp of what the market wants, and their ability to deliver is simply awesome.”
Prospa’s ranking in the Asia Pacific Technology Fast 500 will be announced in Honk Kong on the 3rd December 2015.
About Prospa
Prospa is Australia’s leading online small business lender and committed to helping small businesses access the funds they need to grow. Using a proprietary technology platform and a fast, simple online application process, Prospa can approve loans and provide funding within 24 hours. Since 2011, this Australian-owned, high growth company has lent over $80m to thousands of small businesses grow, was placed #20 in BRW’s Fast Starters 2015 and is a 2015 Telstra Business Award finalist. More information can be found at www.prospa.com.
About Deloitte Technology Fast50
The Australian program is part of the global Deloitte Technology Fast 500 program run in parallel with the United States, Canada, United Kingdom, France, Norway, Sweden, The Netherlands, Germany, Central Europe, Israel, South Africa, China, Hong Kong, India, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand.
Deloitte Technology Fast 50 winners receive exposure and recognition from media and industry, and become part of an exclusive network of high-performing technology companies.