Propel Holdings Founder Clive Kinross Named 2024 Ontario Entrepreneur Of The Year

A financial technology entrepreneur was recognized recently in Toronto at an award celebration hosted by EY.

Clive Kinross, founder of Propel Holdings, earned this year’s EY Entrepreneur Of The Year 2024 Ontario Overall Award winner.

Founded in 2011, Propel offers a lending-as-a-service-platform and went public in 2021.

“Clive has driven Propel to the forefront of the fintech industry with his forward-thinking approach and steadfast dedication to financial empowerment,” stated Stephanie Lamont, EY Entrepreneur Of The Year Ontario Program Co-Director.

“His strategic use of AI technology is revolutionizing credit access, demonstrating a perfect blend of cutting-edge solutions and a profound understanding of consumer needs,” she added.

Employing proprietary AI that analyzes thousands of data points per second, Propel matches users with tailored financial products and has so far facilitated over one million loans and more than one billion dollars in credit.

“Clive’s dedication to creating opportunities for all exemplifies his visionary leadership and sets a new benchmark in entrepreneurship,” commented Christopher Gordon, EY Entrepreneur Of The Year Ontario Program Co-Director.

“We’re thrilled to welcome him to our global network of entrepreneurs, who are driving Ontario’s prosperity and shaping a brighter future through their innovative businesses,” he added.

The 2024 Ontario independent judging panel comprises Gavin Armstrong, Founder and CEO, Lucky Iron Life; Sandra Bosela, Co-Head Private Markets Group, Senior Managing Director and Global Head of Private Equity, OPTrust; Reena Chaudhary, Managing Partner, Sia Partners; Kathy Cheng, President, Redwood Classics Apparel; and Mat Micheli, Co-founder and Co-CEO, Viral Nation Inc.

The EY Entrepreneur Of The Year program shines a spotlight on entrepreneurs across Canada who master the artful balance of passion, determination, character and skill to create businesses that address complex challenges and aim to build a better working world.

As the Ontario region’s EY Entrepreneur Of The Year 2024, Kinross will next compete with winners from the Pacific, Prairies, Québec, and Atlantic regions for the national honour of Canada’s EY Entrepreneur Of The Year 2024, which will be presented at a celebration on November 26 in Toronto.

In June 2025, Canada’s EY Entrepreneur Of The Year 2024 will then move to the world stage to compete with more than 50 other country recipients for the title of EY World Entrepreneur Of The Year in Monaco.