Propel announced this week that it has received regulatory approval from the Office of the Commissioner of Financial Institutions of Puerto Rico to establish the Propel International Bank. [Read more…] about Propel Launches an International Bank as Part of Long-Term Growth Strategy
Propel
Fintech Firms Lead Deloitte’s 2025 Technology Fast 50 Rankings
Canadian fintech companies took centre stage in Deloitte Canada’s 2025 Technology Fast 50 program, which celebrates the country’s fastest-growing technology innovators. Now in its 28th year, the program recognizes entrepreneurial excellence and the resilience driving Canada’s innovation economy. [Read more…] about Fintech Firms Lead Deloitte’s 2025 Technology Fast 50 Rankings
From TSX to the UK: Propel’s Fintech Expansion Playbook
Propel Holdings (TSX: PRL) is a fintech on a mission to build a new world of financial opportunity. With a portfolio that includes CreditFresh, MoneyKey, Fora Credit, and QuidMarket, Propel has helped over one million consumers access more than $2 billion in credit. [Read more…] about From TSX to the UK: Propel’s Fintech Expansion Playbook
Following ‘Year of Record Results,’ CEO Says Propel is ‘Just Getting Started’
Toronto financial technology firm Propel Holdings this week reported its latest quarterly earnings.
Revenue increased by more than 30% to nearly US$130 million in the fourth quarter of 2024, Propel reported. Revenue for the year was $450M, up 42%. [Read more…] about Following ‘Year of Record Results,’ CEO Says Propel is ‘Just Getting Started’
Propel Acquires QuidMarket as ‘Critical Step’ Toward ‘Ambitious Plans’ in UK
Propel Holdings is establishing a fintech footprint in the United Kingdom. [Read more…] about Propel Acquires QuidMarket as ‘Critical Step’ Toward ‘Ambitious Plans’ in UK
Stock Propels Upward as Profitable Fintech Reports Rising Revenue Amid Global Expansion
We’ve been noticing this year that financial technology startups are commonly among the fastest-growing firms in Canada.
For example, 20% of Deloitte Canada’s Technology Fast 50 for 2024 is comprised of fintechs. [Read more…] about Stock Propels Upward as Profitable Fintech Reports Rising Revenue Amid Global Expansion
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. [Read more…] about Propel Holdings Founder Clive Kinross Named 2024 Ontario Entrepreneur Of The Year
KOHO Teams Up with Propel Holdings to Offer AI-Powered Lines of Credit
A new partnership between two of Canada’s leading fintechs will bring more credit options to consumers overlooked by traditional financial institutions. [Read more…] about KOHO Teams Up with Propel Holdings to Offer AI-Powered Lines of Credit
Six Canadian Fintech Innovators You Can Invest in Today
Technology is upending Canada’s financial sector, with ripple effects across industry, geography, and demographic. [Read more…] about Six Canadian Fintech Innovators You Can Invest in Today
Five Fintechs on Fire This Summer
Financial technology remains one of the hottest sectors in Canada as widespread digital transformation continues to sweep the nation.
Throughout the country, fintechs are innovating a new landscape for Canadians to manage, invest, and spend their money.
Below, we take a look at some of the fintechs making waves in Canada this summer. [Read more…] about Five Fintechs on Fire This Summer