Propel Holdings

The fintech platform building a new world of financial opportunity.

General Information
Company Name
Propel Holdings
Founded Year
2011
Location (Offices)
Toronto, Canada +2
Founders / Decision Makers
Number of Employees
423
Industries
Financial Services, Fintech
Funding Stage
Post Ipo Debt
Social Media

Propel Holdings - Company Profile

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.

Taxonomy: online lending, credit inclusion, consumer lending, underwriting, loan management, credit solutions, automated customer acquisition, proprietary underwriting models, TSX: PRL, credit access

Funding Rounds & Investors of Propel Holdings (3)

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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

Latest News of Propel Holdings

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No recent news or press coverage available for Propel Holdings.

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