Propel Holdings Completes C$115 Million Financing Round

Propel Holdings Inc (TSE:PRL) has released an update.

Propel Holdings Inc., a fintech company, has completed a C$115 million bought deal offering, issuing subscription receipts to fund the acquisition of QuidMarket, a UK-based digital lender. The proceeds will also bolster working capital and general corporate purposes. The successful offering reflects Propel’s growth strategy and commitment to serving underserved consumers with credit solutions.

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