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Prospa Advance Pty Ltd

CurrentAustralian Financial Services LicenceAFSL 536012

This is the public ASIC register record for Prospa Advance Pty Ltd's Australian Financial Services Licence. Review the status, authorisations and conditions below, and confirm anything time-critical on ASIC Connect.

Licence overview

AFSL
536012
Status
Current
Issued
2022-02-10
ABN
47 154 775 667
Location
SYDNEY, NSW
Monitor this licence for status changesFree →

Authorised financial services

Licence conditions23 items

This licence authorises the licensee to carry on a financial services business to:

provide general financial product advice only, for the following classes of financial products:

derivatives restricted to derivatives utilised for the management of financial risk (hedging) which only have the purposes of:

management or mitigation of the financial consequences of particular circumstances happening; or

avoiding or limiting the financial consequences of fluctuations, in or in the value of, receipts or costs (including prices and interest rates);

interests in managed investment schemes excluding investor directed portfolio services; and

securities; and

deal in a financial product by:

arranging for another person to issue, apply for, acquire, vary or dispose of a financial product in respect of the following classes of financial products:

derivatives restricted to derivatives utilised for the management of financial risk (hedging) which only have the purposes of:

management or mitigation of the financial consequences of particular circumstances happening; or

avoiding or limiting the financial consequences of fluctuations, in or in the value of, receipts or costs (including prices and interest rates);

interests in managed investment schemes excluding investor directed portfolio services; and

securities; and

arranging for another person to apply for, acquire, vary or dispose of financial products in respect of the following classes of financial products:

deposit and payment products limited to:

basic deposit products;

derivatives restricted to derivatives utilised for the management of financial risk (hedging) which only have the purposes of:

management or mitigation of the financial consequences of particular circumstances happening; or

avoiding or limiting the financial consequences of fluctuations, in or in the value of, receipts or costs (including prices and interest rates);

interests in managed investment schemes excluding investor directed portfolio services; and

securities;

to wholesale clients.

Frequently asked questions about AFSL 536012

What is AFSL 536012?

AFSL 536012 is the Australian Financial Services Licence held by Prospa Advance Pty Ltd, recorded on ASIC's AFSL register.

Is this licence current?

On the latest public ASIC data shown here, AFSL 536012 is current and active. Status can change, so confirm on ASIC Connect for time-critical decisions.

What is this licensee authorised to do?

Under AFSL 536012, the licensee is authorised for Deposit Products, Derivatives, Managed Investments and Securities. The exact authorisations and conditions are listed above.

How do I verify AFSL 536012?

Look up the company or AFSL 536012 on ASIC Connect, then compare the status and details there with this page.

Is this the official ASIC register?

No. AFSL Search is an independent lookup tool built on public ASIC register data — not affiliated with ASIC. Rely on ASIC Connect for official confirmation.

AFSL 536012 — PROSPA ADVANCE PTY LTD (SYDNEY, NSW)