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Propel Holdings logo — The fintech platform building a new world of financial oppor...

Propel Holdings

The fintech platform building a new world of financial opportunity.

Founded 2011 Canada Toronto, Canada 423 employees Post Ipo Debt Total: $356.00M Financial Services, Fintech

General Information

Company Name Propel Holdings
Founded Year 2011
Location Canada Toronto, Canada +2
Employees 423
Industries Financial Services, Fintech
Funding Stage Post Ipo Debt
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About Propel Holdings

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 (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt •••••• - 25 Jul 2024
Post-IPO Debt •••••• - 24 Feb 2023
Post-IPO Debt •••••• 2 •••• •••• 22 Nov 2022

Propel Holdings Alternatives & Competitors

Propel Holdings vs
VIVA Finance
VIVA Finance United States

Building an inclusive financial system.

Series A
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Propel Holdings vs
Zest AI
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Zest AI's technology delivers faster, better lending across the credit spectrum.

Series F
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Propel Holdings vs
Octant Business Services LLC
Octant Business Services LLC United States

Octant is a jointly owned credit union service organization providing high quality and sound busines...

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Also compare with: Propel Holdings vs Oakam Ltd Oakam Ltd

FAQ About Propel Holdings

The fintech platform building a new world of financial opportunity.
Propel Holdings was founded in 2011.
Propel Holdings is headquartered in Toronto, Canada.
Propel Holdings operates in the following industries: Financial Services, Fintech.
Propel Holdings has approximately 423 employees.
Propel Holdings has completed 3 funding rounds, raising a total of $356.00M. The latest funding stage is Post Ipo Debt.
Top alternatives and competitors to Propel Holdings include VIVA Finance, Zest AI, Octant Business Services LLC, Oakam Ltd, Percent. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Propel Holdings and VIVA Finance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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