Propel Holdings Inc PRLPF

Primary Symbol: T.PRL

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

Propel Holdings Inc

<< Previous

Bullboard Posts

Next >>

Post by Possibleidiot01on Oct 16, 2024 4:27pm

250 Views

Post# 36268818

Donville Kent September newsletter mention

https://donvillekent.com/wp-content/uploads/2024/10/DKAM-ROE-Reporter-September-2024.pdf

Propel Holdings (PRL) – Announced the acquisition of Quidmarket on
September 26th , for $71m USD. They raised $115m CAD at $27.50 to fund the
deal all in cash. It is immediately accretive to earnings based on the multiple
paid and the high profit margins at Quidmarket. This now gives Propel a third
geographic avenue for growth.

<< Previous

Bullboard Posts

Next >>

AI companies to invest in