APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

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Equity Capital Markets

Prospa Advance Pty / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/26741" target="_blank" data-smartkarma-citation="entities:26741:1">Prospa (1030895D AU)</a> is looking to raise about US$100m in its upcoming IPO. Proceeds raised from the IPO will be used to fund Prospa's investment in the equity portion of the loan book in the warehouse securitization and ABS issuance funding platform and to repay selling shareholders.</p><p>In this insight, we will explain the company's business model, look at the online lending industry, review potential regulatory pitfalls and compare the company to other lending peers. As usual, we will also run the deal through our ECM framework.</p>

Prospa (1030895D AU) is looking to raise about US$100m in its upcoming IPO. Proceeds raised from the IPO will be used to fund Prospa's investment in the equity portion of the loan book in the warehouse securitization and ABS issuance funding platform and to repay selling shareholders.In this insight, we will explain the company's business model, look at the online lending industry, review potential regulatory pitfalls and compare the company to other lending peers. As usual, we will also run the deal through our ECM framework.

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