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Propel Holdings Inc T.PRL

Alternate Symbol(s):  PRLPF | T.PRL.R

Propel Holdings Inc. is a Canada-based financial technology (fintech) company. The Company’s operating brands include Fora Credit, CreditFresh and MoneyKey, and its lending-as-a-service product line facilitates access to credit for consumers underserved by traditional financial institutions. Through its innovative artificial intelligence (AI)-driven platform, the Company evaluates customers in a more comprehensive way than traditional credit scores can. The Company enables access to credit through two types of credit products on its platform, such as Installment Loans and Lines of Credit. It is engaged in providing lending related services to borrowers, banks, and other institutions in the United States (US) and Canada. The Company, through its MoneyKey brand, offers either installment loans or lines of credit to customers in several US states. The Company, through its CreditFresh brand, operates as a bank servicer which provides marketing, technology, and loan services.


TSX:PRL - Post by User

Post by retiredcfon Mar 03, 2022 11:10am
226 Views
Post# 34479155

Top Pick

Top PickLast stock in the clip; he also owns it personally as well as in his fund. GLTA

https://www.bnnbloomberg.ca/video/jordan-zinberg-s-top-picks~2392909

Propel Holdings (PRL TSX)
Propel is an online lender that provides U.S. consumers with fast access to small loans and lines of credit. The company is growing extremely quickly, targeting a 100 per cent annual increase in their loan portfolio and has very high returns on capital. Propel is quite rare in that it is a profitable growth stock trading on a single digit P/E multiple, which also pays a dividend in excess of 4 per cent. 
 

TOP PICK
Propel Holdings(PRL-T)
28/02/2022 at 07:00pm
 
It launched last October, so few know it. They have an online platform to extend credit to US consumers. Growth is crazy, growing their loan book by 100% annually, the company predicts and yet the PE is single digit. This pays a 4.5% dividend. An up and coming stock. (Analysts’ price target is $17.38)
 
FINANCIAL SERVICES
 
Jordan Zinberg
$9.360
Owned
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