Small business fintech Prospa subject to $74 million takeover bid
Prospa's independent board has recommended the offer from Salter Brothers Tech Fund to take the fintech off the ASX.
Source: smartcompany.com.au
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Prospa's independent board has recommended the offer from Salter Brothers Tech Fund to take the fintech off the ASX.
The SME lender has entered into an agreement to be acquired by a consortium led by investment managers, Salter Brothers Tech Fund.
The SME lender has revealed a steep fall in total originations in its latest trading update.
The SME lender has entered into an agreement to acquire the loan portfolio of a shuttered SME lending business.