Explore A New Way To Business Banking

Written by Taofeeq Alabi

With a staunch and rigid financial process, conventional banks inadvertently overlook the needs and goals of growing businesses in Nigeria. 

SMEs are grossly underfunded with adequate insights, data, and resources on how to manage funds and invest their business profits safely and strategically. Most growing businesses close their sheds due to the large disparity in aiding their financial health by traditional banks.

Prospa was created to change this narrative 

We understand the challenges freelancers, business owners may have while making frequent transactions. Hence, our automated operating system allows entrepreneurs to become more efficient and profitable at the same time.  

Prospa is the best bank for small businesses to grow and thrive.

Here’s how we’re revolutionizing the financial sphere for African SMEs:

  • Business Registrations: Many businesses go through the herculean process of middlemen or third parties for successful business registration. The key to running any profitable business is to show credibility and proof of accreditation by the CAC. We simplify this complex process by offering a hassle-free way to register your business from the mobile app. Every successful business registration automatically gets a corporate current account within 5 minutes. 

  • Revenue and Budget Goals: Business owners need the appropriate tools to aid them manage their finances. We created an easy-to-use feature that helps you track your revenue goal, set feasible budget goals, and analyze profit generation.

  • Sub-Accounts: Business owners are busy people and traditional bookkeeping may evade vital information. Sub-accounts help businesses track and manage their spending. A sub-account allows you to create unlimited internal accounts under your main account for different purposes such as tax-paying, salary payments, equipment purchases, etc. You have full control of disbursing funds into your sub-accounts. 

  • Fixed Investment Account: Get your business savings working for you. Increase profit generation by locking your savings in our Fixed investment account with competitive interest rate.

  • Loans: Businesses will always need capital development for the smooth running of business operations. Business owners can access up to N1,000,000 loans within 24 hours of eligibility confirmation with reasonable interest rates to lighten the financial burden. 


At Prospa, we see ourselves as your business partners providing you with the necessary insights for financial standing. We leverage automation to boost productivity and save time while maximizing business potential. 

Open your business account In 5 minutes. To get started, download the Prospa App or use the website to open your corporate account and explore our features today! 

If you have any questions or need assistance in opening your business account, contact us at 018890240 or send us an email to help@getprospa.com

#TogetherWeProspa💜

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