We are excited to announce our $3.8 million funding round. We’re grateful to our members, the Prospa team, partners and investors. We’re pleased to welcome Global Founders Capital, Liquid 2 Ventures, and several other funds, leading founders and angels including Ankur Nagpal, Immad Akhund, Karim Atiyeh, Todd Goldberg, Rahul Vohra, James Beshara and others. Forever […]
What’s the most common challenge every small business owner faces in their business? Based on feedback we’ve gotten from members, managing payroll is definitely on that list. When you are a solopreneur, creating a system to pay yourself a salary monthly can be tough. And when you start having employees, making sure employees receive their […]
You’ve taken the right step to register your business, get a TIN, get a VAT number, now it’s time to pay your VAT. In this article, I’ll show you how to pay your VAT online in Nigeria and also at the bank if you prefer. Step-by-Step Guide to Pay Your VAT Online in Nigeria The […]
Through our #MemberStories we introduce you to some of the awesome members of our community. Our member community is made up of entrepreneurs, freelancers and business owners, building businesses, working on exciting projects and having fun while doing so. Today we are putting a spotlight on Ibiola Alabi (Beeba), the Chief Everything Officer of Ara […]
Have you ever looked at a receipt given to you after shopping at the supermarket and wondered why it’s marked as VAT inclusive? If you’ve never noticed that on your receipts, how about when you’ve concluded payments on a product and when you receive your invoice, there’s an extra amount tagged as VAT. As long […]
You download your statement of account via the web. You don’t have to manually input your login credentials when accessing Prospa from the web. Simply use a QR code to log in via your mobile app. A step-by-step guide on how to download your statement of account of account via web Login to your Prospa […]
We pride ourselves on fair and transparent pricing. You will never be charged for something you are not aware of, our billing dates and times are clear. You also receive an email and SMS receipt every time you are billed. How does Prospa differ from other services? You may be wondering how Prospa is different […]
Owning a business account helps business owners manage their business finances Having a business account gives you an overview of the inflow, outflow of profit and business liabilities. Your business bank account should be separate from your personal account so you can easily track your money and make more informed decisions about your business. At […]
Having a Tax Identification Number is compulsory for all businesses in Nigeria. It is a legal requirement to have a TIN number if you want to open a business bank account. If you are a business owner who wants to learn how to get TIN in Nigeria for your limited liability company or a sole […]
If you are not familiar with sub-accounts as a business owner, you can think of it as a piggy bank with extra capabilities. Sub-accounts are smaller accounts that sit under your primary bank account. You can set them up for specific aspects of your business like marketing, tax, salary payments, supplier payments etc. You can […]
