Donville DetailsSecond stock in the clip; he and his family also own it personally. GLTA https://www.bnnbloomberg.ca/video/jason-donville-s-top-picks~2935039 Propel Holdings (PRL TSX)
Propel is a consumer fintech lending platform that serves the U.S. and Canada. Their backend technology can process more than 60,000 unique applications per day which allows for rapid growth with minimal additional cost. For over a decade, they have been able to prove they can do this profitably, which is why banks white label their platform or sign licensing deals for their technology. Propel launched their technology platform in 2013, which is now supported by an 87-person in-house software development team including several PHDs.
TOP PICK
Propel Holdings(PRL-T)
05/06/2024
Consistently profitable, raising dividend. No bricks and mortar, works with credit unions. Uses AI to follow your tracks get a more enhanced credit score, so it's a better predictor of a borrower's credit worthiness. We'll need to get data from a credit cycle, but so far credit quality seems to be really strong. Yield is 2.3%.
(Analysts’ price target is $31.10)
Financial Services
Jason Donville
$24.170
Owned