Propel Holdings is a fintech platform committed to credit inclusion, aiming to provide fair, fast, and transparent access to credit through its proprietary online lending platform. Founded in 2011 and based in Canada, Propel has been dedicated to addressing the challenge of credit access, particularly in Canada and the United States. The company has leveraged its expertise in consumer lending, artificial intelligence, and underwriting to facilitate approximately one million loans and lines of credit to consumers in need. In November 22, 2022, Propel secured a $26.00M investment in Post-IPO Debt from CWB Maxium Financial and Bastion Management. This funding marks a significant milestone for Propel Holdings as it continues to expand its presence and impact in the fintech industry. With its strong focus on credit solutions and a commitment to customer experience, Propel Holdings is poised to make a substantial difference in the world of financial services by bridging the gap for underserved consumers. For more information about Propel Holdings, visit propelholdings.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | $80.00M | - | 25 Jul 2024 | |
Post-IPO Debt | $250.00M | - | 24 Feb 2023 | |
Post-IPO Debt | $26.00M | 2 | CWB Maxium Financial, Bastion Management | 22 Nov 2022 |
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