Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Jun 09, 2024 9:56am
215 Views
Post# 36079829

Interesting Comparisons

Interesting ComparisonsWith weak growth shown from CRM , and being that I am already tech heavy, would it be advisable to sell CRM to add to Propel and EQB? Both are growing much faster with much cheaper valuations ; but in the banking sector instead of tech. However, they are in the alternative banking sector which seems to have much higher growth than the traditional banks currently .

We think CRM can eventually recover, given its high-quality products and a likely shift in sentiment down the line, but we also really like the recent results from EQB, and feel that it is trading at a cheap valuation. We also like PRL as an even higher-growth name than EQB, but it is smaller and more risky. For a high-growth approach, that is slightly more conservative, we like EQB, for a high-growth, small-cap approach, we would be comfortable with a switch to PRL, while acknowledging that a stock like PRL can decline significantly and its market share can be taken by a larger player, whereas, CRM is more likely to have staying power in the long-term. (5iResearch)

<< Previous
Bullboard Posts
Next >>