Prosper

Knoxed Capital Limited is proud to announce our investment in Prosper, a cutting-edge wealth management platform on a mission to grow their members' wealth through innovative financial products and exceptional user experiences. Prosper has demonstrated remarkable growth and product-market fit in the competitive fintech landscape.

Exceptional Financial Performance

Prosper has achieved outstanding growth metrics in Q2 2025, with revenue increasing by 6x since December and up 121% quarter-on-quarter. The platform now manages £200m in Assets Under Administration (AUA), representing a 20x increase compared to the previous year, while serving over 5,000 open customer accounts with 3,538 funded accounts - a 30x increase year-over-year.

Diversified Revenue Streams

Prosper has successfully activated three distinct revenue streams: uninvested cash interest margin on investment accounts, bank account interest revenue share, and uninvested cash interest on their Prosper Wallet through the Griffin Bank integration. Their cross-sell strategy, converting customers from cash to investments, has reached 10% - their key focus metric for 2025.

Market-Leading Product Offering

Prosper offers compelling value propositions including ISA accounts with zero platform fees and 0% OCF funds from Vanguard and BlackRock, alongside competitive cash savings offering up to 4.61% interest with 100% FSCS protection. Investment AUA has grown 26% quarter-on-quarter, while customer accounts increased 14% in the same period.

For Knoxed Capital, this investment represents our commitment to supporting innovative fintech companies that democratize wealth management and deliver exceptional value to consumers. Prosper's proven growth trajectory, diversified revenue model, and customer-centric approach position them as a leader in the next generation of wealth management platforms.