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8KO

23.20000 EUR
0.4
1.75%
Last update Jul 15, 12:05 PM CEST
Main market
Day range
23.20000
23.20000
Previous close
22.80000
Open
23.20000
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Propel Holdings Inc.
23.20
0.40
1.75%

Overview

Description

Propel Holdings Inc. is a financial technology company specializing in innovative, AI-powered online lending solutions. The company’s primary function is to facilitate loans and lines of credit through digital platforms, using proprietary artificial intelligence to assess consumer creditworthiness. Propel’s technology harnesses more than 5,000 data points per applicant, enabling a more holistic view of individual financial circumstances beyond traditional credit scores. This approach is designed to serve underserved and non-prime consumers, particularly those who have limited or no access to credit from conventional financial institutions. Propel Holdings operates across major markets, including Canada, the United States, and the United Kingdom, and has facilitated over two billion dollars in credit to date. Its platforms empower consumers to access timely financial services, with the potential for individuals to rebuild credit histories through responsible borrowing. By serving a population often excluded by mainstream banks, Propel plays a significant role in expanding financial inclusion while leveraging technology to create scalable, profitable growth within the fintech sector.

About

CEO
Mr. Clive Kinross
Employees
620
Address
69 Yonge Street
Suite 1500
Toronto, M5E 1K3, ON
Canada
Phone
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
Germany
MIC code
XSTU
Main market

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