Propel Holdings Inc (TSE:PRL) has released an update.
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Propel Holdings Inc. has acquired UK-based fintech lender QuidMarket for $71 million, aiming to expand its reach in providing credit to underserved consumers. This acquisition is expected to boost Propel’s earnings in 2024 and 2025, and the company plans to integrate and grow QuidMarket into a leading UK financial service provider.
For further insights into TSE:PRL stock, check out TipRanks’ Stock Analysis page.