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Can I Open a Business Savings Account with Prosper?
Can I Open a Business Savings Account with Prosper?

Prosper does not currently offer savings accounts for businesses.

Updated over 5 months ago

Can I Open a Business Savings Account with Prosper?

Unfortunately, Prosper does not currently offer savings accounts for businesses. While we understand the importance of having a separate account for your business funds, we currently only offer personal savings accounts for individual finances.

Opening a business savings account requires additional documentation and verification processes, which we aren't yet set up to accommodate. We apologise for any inconvenience this may cause.

What is the Difference Between a Business Savings Account and a Personal Savings Account?

A business savings account is specifically designed for business-related funds, while a personal savings account is meant for individual finances. This means that a business savings account may come with different features and benefits compared to a personal savings account.

Why Doesn't Prosper Offer Business Savings Accounts?

At Prosper, our focus is on helping individuals achieve their financial goals. While we understand the need for business savings accounts, we believe that our personal savings accounts offer the best options and benefits for our customers.

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