Prospa API
Banking & Fintech Ā· Payment Gateways & Processors
Business sub-accounts, automatic tax withholding & invoice reconciliation APIs for SMEs
Prospa API Highlights
Prospa API is verified for developer integrations in Nigeria and across African markets, providing documented endpoints, sandbox testing, and developer support.
API Key (Authorization Bearer: prospa_live_...)
60 requests per minute
Nigeria
Ghana
Kenya
Bachs
Better Alternative to Paystack and Flutterwave with faster onboarding approval.
Prospa is an operating system and financial platform for African small and medium businesses (SMEs) and entrepreneurs. Founded by Frederik Obasi, Chioma Ugo, and Rodney Jackson-Cole, Prospa combines commercial business bank accounts with integrated invoicing, inventory tracking, payroll, and bookkeeping tools.
Prospa's Developer API enables software platforms and corporate teams to automate bank account operations: generating virtual sub-accounts, initiating bulk payouts, fetching real-time transaction ledgers, and triggering automated tax withholding (such as automatic VAT and withholding tax segregation). Platforms can also embed Prospa's invoice generation and automated payment link creation into their own business software.
Prospa operates under licensed microfinance banking partners with NDIC insurance protection, serving over 100,000 Nigerian businesses.
Prospa API is best for:
Entrepreneurs, tech startups, accounting platforms, and SMEs looking for modern business banking with automated tax and invoicing APIs.
- Free account setup
- Pay-as-you-go bank transfer fees (ā¦25 ā¦50)
- Advanced accounting automation and premium multi-user management available on Pro subscription
Prospa API Core Features & Capabilities
Prospa API Supported Webhook Events
Webhooks supported (Webhooks & Real-time Notifications). Check official documentation for endpoint setup.
Required Access Documents for Prospa API
- CAC CertificateRequiredBusiness name or company incorporation certificate.
- Director BVN & Government IDRequiredStandard CBN KYC requirements.
Different Prospa API use cases
- Automated Bookkeeping & Tax Compliance:Automatically segregate sales tax into a separate sub-account every time a customer invoice is paid.
- SaaS Invoicing & Bank Reconciliation:Create automated invoices for clients and automatically mark them paid when bank transfers arrive.
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