Fintech company Prospa has announced the company achieved its highest ever loan originations in the fourth quarter of 2022.
Prospa announced loan originations of $245.7 million in the quarter, a 35% increase on the corresponding quarter the year before.
?We are incredibly pleased with the momentum and outcomes the team has achieved. Each quarter this year, they?ve come back with greater enthusiasm. Their hard work has translated to record-breaking results,? said Prospa Co-Founder and CEO Greg Moshal.
Prospa shares jumped more than 10% following the result.