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.

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Propel Holdings Inc

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Post by retiredcfon Jun 10, 2024 8:46am

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Ink Research

Despite some strength in some interest-sensitive, industrial, and consumer stocks which were helped by the Bank of Canada's mid-week rate cut, the INK Canadian Insider Index fell 1.6% last week. The laggards were Aris Mining (Mostly Sunny; ARIS), down 9.9%, Veren (Sunny; VRN), down 9.2%, and Strathcona Resources (Sunny; SCR), down 9.2%. The leaders were Propel Holdings (Mostly Sunny; PRL), up 13.3%, Stingray Group (Sunny; RAY.A), up 7.5%, and Bird Construction (Sunny; BDT), up 6.2%.

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