Propel Holdings Inc T.PRL

Alternate Symbol(s): PRLPF

Propel Holdings Inc. is a Canada-based financial technology (fintech) company focused on credit inclusion by facilitating access to credit through its online lending platform. The Company, through its brands, offers credit solutions to consumers in Canada and the United States. Through its end-to-end, artificial intelligence (AI)-powered online lending platform, it facilitates access to credit products for underserved American and Canadian consumers who struggle to access credit from mainstream credit providers. It operates three consumer-facing brands, which directly offer or facilitate access to credit: MoneyKey and CreditFresh in the United States and Fora Credit in Canada, in addition to the Pathward Lending-as-a-Service program. The two types of credit products available through the Propel platform are Installment Loans and Lines of Credit. In the United States, the MoneyKey direct lending program and CreditFresh Bank Programs are supported by two revolving credit facilities.

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Propel Holdings Inc

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Post by retiredcfon Apr 01, 2024 9:03am

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Ink Research

The INK CIN Index set a 52-week high of 2,275.70 on Thursday and rose 1.05% in the one-week period ended March 28th. The INK CIN leaders for the week were Valeura Energy (Sunny; VLE), up 21.3%, Propel Holdings (Sunny; PRL), up 7.5%, and Aris Mining (Mixed; ARIS), up 6.3%. The laggards included Fairfax Financial Holding (Mostly Sunny; FFH), down 4.4%, Interfor (Mixed; IFP), down 4.0%, and Quebecor (Mostly Sunny; QBR.B), down 3.3%.

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