Prospa, a Nigerian fintech startup, found in 2019 by Kioma Ugo, Frederik Obagi, and Rodney Jackson Cole, has raised $3.8 million in a pre-seed funding round. This fund round is made to provide banking and software services to small businesses.
In this round, investors who participated include Global Founders Capital and Liquid 2 Ventures. Global Founders Capital is a venture capital-oriented firm, Liquid 2 is also an early-stage investment fund, committed to startups. It has the likes of Walnut, Cloud 9, Armoury and Brat in its portfolio. Immad Akhund of Mercury, Karim Atiyeh of Ramp, and executives from Teachable, Square, Facebook, and Nubank were among the participants in the round
The company places a strong emphasis on freelancers and entrepreneurs who serve as the backbone of their companies.
Account numbers and a variety of additional features are available to registered firms on the platform. In addition to providing bank accounts, they are guided through the process of formalizing their company.
Prospa offers invoicing tools, inventory management, employee and vendor administration, an e-commerce site, and payroll functions in addition to banking services.
Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
