Prospa - Business Account

Prospa

About this app

Prospa is a fully CBN licensed and NDIC insured bank for serious businesses. With a Prospa bank account businesses can make payments, access loans, and manage vital business processes, all from a mobile app that’s fast and secure.

Beyond business banking Prospa is a real financial partner. Businesses build credit automatically, just by using their Prospa business account. Every transaction adds to your credibility and makes it easier to qualify for serious business loans, starting from ₦10 million.

Regulated, Trusted, Insured
- Prospa Capital Microfinance Bank
- Licensed by the Central Bank of Nigeria (CBN)
- Deposits insured by the NDIC
- Built on robust infrastructure for faster payments and security

Faster Business Payments
- Send and receive payments instantly
- Make bulk transfers to vendors or payroll teams
- Make seamless bill payments

Business Loans for Growth
- Start from ₦10 million in credit
- Get funding based on your account activity
- Relationship-led credit not just forms and algorithms
- Finance POs, invoices, or operations with flexibility
- interest rates between 2-4% with flexible repayment options

Expense Cards & Spend Control
- Issue virtual and physical cards for team members
- Set spend limits, track usage, and block cards anytime
- Use across online and offline channels securely

Run Operations Like a CFO
- Create sub-accounts for payroll, taxes, savings
- Upload bulk payments for multiple recipients
- Automatically track payables & receivables

Get Real Support, Online or In-Person
- Speak to real people, not just bots
- Visit a Prospa Support Centre in your city
- Get help with issues fast


Perfect for Structured, Growth-Focused Businesses
- SMEs with ₦10 million+ in monthly revenue
- Agencies, consultants, trade businesses, logistics, SaaS
- Founders and business owners ready to grow

Why Prospa Is Different
- Built for real businesses, not just side hustles
- A relationship-first approach to banking
- Fast onboarding and regulatory credibility
- Designed for high-transaction, team-managed businesses

What’s new

- Upgraded payment infrastructure
- Relationship-led credit access now live
- Support centers now open in select cities
- Improved UI, onboarding, and speed