Prospa Group Limited (ASX:PGL) entered into an agreement to acquire in Zip Business loan portfolio from Zip Co Limited (ASX:ZIP)for ) for approximately AUD15.6 Million January 24, 2024. The transaction to be funded using Prospa?s existing warehouse funding arrangements. The acquisition comprises all of Zip?s remaining performing Australian business loans, equivalent to approximately AUD18.4 million of commercial loans to approximately 370 small businesses.