Prospa
The operating system for 40 million Nigerian entrepreneurs
What it does
Prospa is a Y Combinator-backed Nigerian fintech providing banking and business management tools for micro and small businesses. Founded by Frederik Obasi, Prospa combines business accounts, expense cards, flexible credit, and management software in a single mobile app. The company raised $3.8M in pre-seed funding in 2021 and has empowered over 150,000 companies with financial tools.
SME-focused digital banksInvoicing & receivablesBulk / mass payoutsAccounting & bookkeeping software
Known for
- YC-backed neo-bank for micro businesses
- $3.8M pre-seed raise
- Over 150K businesses empowered
- Business account + management tools in one app
Model & industry
SaaSAll / Cross-industry
Products & subsidiaries
Prospa App · Mobile Application
In the News
- 2025-07 · How Nigeria's Prospa has empowered over 150K companies with financial tools