Over a million loans facilitated.
Over a billion dollars in credit facilitated.
Welcome to a new world of financial opportunity.

TSX: PRL

A Leader in Online Lending

Listed on the TSX since 2021, we bring the best of finance and technology together in an AI-driven consumer lending platform that evaluates consumers in a more comprehensive way than traditional credit scores. This broadens access to credit for underserved consumers while creating sustainable and profitable growth. It’s a model that’s changing borrowing for our consumers while delivering tremendous value for partners and shareholders.

Driving Profitable Growth and Shareholder Return

Committed to profitable growth, Propel has become one of the fastest growing fintechs not only in Canada, but in North America as well. And we’re just getting started.

Operating in

30+

States and Provinces in North America

$1.2B USD

Total Originations Funded since Inception1

1M+

Total Loans and Lines of Credit Facilitated Since Inception1

88%

Combined Loan and Advance Balances CAGR since 20192, 3

49%

Revenue CAGR since 20192

96%

Net Income CAGR since 20192

115%

Adjusted Net Income CAGR since 20192,3

1) From inception through to June 30, 2023. 
2) From FY 2019 to FY 2022
3) Disclaimer: Ending Combined Loan and Advance Balances and Adjusted Net Income are non-IFRS financial measures.  Please refer to "Non-IFRS Financial Measures and Industry Metrics” and “Key Components of Results of Operations” in Propel’s Q2 2023 MD&A available on SEDAR+ for further details concerning these non-IFRS financial measures including definitions and reconciliations to the relevant reported IFRS measures.

Revolutionizing the Lending Market

Over a decade ago, we set out to build a new world of financial opportunity for consumers, partners, and shareholders. Since then, we have made huge strides, but there remain hundreds of millions of consumers still locked out of the financial market.

1 ) Spherical Insights (April 2023), includes consumer, small business and real estate lending
2) TransUnion’s Credit Vision Risk Score (2021), National Survey of Unbanked and Underbanked Households by the Federal Deposit Insurance Corporation (“FDIC”)
3) BDO Affordability Index in 2022
4) Federal Reserve Report on the Economic Well-Being of U.S. Households in 2022 (May 2023)

Global fintech lending market estimated

$1 trillion

USD1

Estimated

70 million

underserved consumers in North America2

54%

Canadians say they’re living paycheque to paycheque3

37%

U.S. adults are unable to afford a $400 emergency expense4

Presentation

MARCH 2024 | PDF

Investor Presentation
(Mar 2024)

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In the News

Apr 09, 2024

Propel launches insurance product to protect Canadian consumers in partnership with leading insurance innovators Walnut and TGI

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Apr 04, 2024

Financial Times Names Propel Holdings to its Americas' Fastest Growing Companies of 2024 List

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