Headquartered in Toronto, Propel Holdings Inc. is a Canada-based fintech company that operates brands like Fora Credit, CreditFresh, and MoneyKey. It provides lending services to consumers underserved by traditional financial institutions through its AI-driven platform. Propel’s mission is to facilitate access to credit for a broader range of consumers.
Mission: Propel aims to revolutionize financial services by offering innovative credit solutions that cater to a diverse customer base.
Impact: Propel Holdings supports the Canadian fintech sector, creating jobs and contributing to the growth of Toronto’s financial services industry. Its operations help stimulate economic activity by providing essential financial services to a wide range of consumers.
How Propel Powers the Canadian Economy: Propel’s presence in Toronto enhances the city’s reputation as a fintech hub, attracting talent and investment. By providing access to credit, Propel supports small businesses and individuals, contributing to the overall economic well-being of Canada.
In Canada and the US alone, approximately 70 million people are underserved, while in the UK, this number reaches over 20 million. Propel opens the doors to excluded individuals and are committed to changing the conventional financial landscape. Their innovative approach replaces financial stigma with practical solutions, offering a fresh perspective on financial services for Canadians.
Clients & Partners: Propel partners with various financial institutions and service providers to ensure its lending products reach a broad audience.
- Fora Credit: proudly Canadian, serving Canadian consumers with personal open-ended lines of credit. Fora helps consumers through their credit journey and in times of need.
- QuidMarket
- MoneyKey
- CreditFresh Operating Brand
Why Canadian Businesses Choose Propel: Through our commitment to inclusion, evolution, and experience, Propel is building a more inclusive financial ecosystem, one customer at a time.
Propel’s commitment to innovation and customer-centric financial solutions makes them a preferred partner for businesses seeking to expand their financial offerings.
Commercial Real Estate
Industry: Financial Technology (Fintech)
Size: 40,000 sq ft
Type: Relocation to Brand new office space in a historical downtown building
Location: Toronto, Ontario