Prospero Solutions explores U.S. market through Accelerate Wisconsin

Indonesian entrepreneur Bobby Yulandika Putra’s childhood dream was coming to the United States. Through the Accelerate Wisconsin gBETA program, he has exceeded that goal. The founder and CEO of Prospero Solutions is exploring opportunities to bring his company’s risk management technology to U.S. financial institutions.

Prospero Solutions is one of five international startups selected for the fall 2026 Accelerate Wisconsin cohort, a seven-week program operated by gener8tor in partnership with the Wisconsin Economic Development Corp. (WEDC). The program introduces international startups to Wisconsin’s business community as they look to establish a presence in the United States.

Prospero created subscription-based software designed to help financial institutions manage governance, risk and compliance activities through a single platform. Rather than relying on separate systems for different functions, users can identify potential risks, monitor changing conditions and manage responses in one place.

Putra and Prospero Chief Technology Officer Paul-Adrian Mandravel see potential customers among the nation’s community banks and credit unions, particularly smaller institutions that may lack the resources to implement complex enterprise risk management systems.

According to the National Credit Union Administration, there were 4,214 federally insured credit unions in the United States as of June 30, 2026, with approximately $2.5 trillion in assets. Federal Deposit Insurance Corp. data indicates there were approximately 3,800 community banks operating in the country during the same period. Together, these institutions represent the U.S. market Prospero hopes to reach with its software.

From industry experience to innovation

Putra’s interest in risk management technology grew out of his professional experience. After spending approximately 15 years working in the field, he recognized the challenges financial institutions faced when relying on spreadsheets and manual processes to identify, monitor and address potential risks.

In 2016, he established Prospero as a learning academy, teaching organizations how to identify, calculate and mitigate risks without specialized software. The business later evolved into a technology company, with development of its risk management platform beginning in 2022.

Mandravel, who joined the company in 2025, has helped incorporate artificial intelligence into the platform to automate repetitive tasks and make risk management tools accessible to employees without specialized training.

“In risk management, there is a lot of repetitive work,” Mandravel said.

He explained that AI can automate some processes that previously required weeks of work, potentially reducing them to minutes. He also emphasized that risk management should extend beyond a company’s dedicated risk management department. The goal is to make it easier for employees throughout an organization to recognize and report potential problems before they result in significant losses.

International recognition and Wisconsin opportunities

Prospero and its leadership have received several international honors in 2026. Putra was named Founder of the Year at the Global Startup Awards, while Prospero received the Risk Management award from The Banker for its Active Defense project. The company was also named Operational Risk Solution of the Year at the Risk Asia Awards, presented by Risk.net.

According to 2026 banking regulation reports, Wisconsin is home to 151 community banks and 98 credit unions. Putra said Milwaukee attracted his attention because of its community banks and credit unions. Mandravel also sees potential in Wisconsin’s manufacturing sector, another industry where identifying and managing operational risks is important.

For Putra, Accelerate Wisconsin combines a longstanding personal ambition with a new chapter in the company’s development. And for Prospero, Milwaukee offers a place to explore how a technology developed to address challenges in Indonesia could serve financial institutions in the United States.