Propel Holdings Completes C$115 Million Financing Round
Company Announcements

Propel Holdings Completes C$115 Million Financing Round

Story Highlights

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.

For further insights into TSE:PRL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskPropel Holdings to Announce Q3 2024 Financial Results
TipRanks Canadian Auto-Generated NewsdeskPropel Holdings Expands Global Footprint with QuidMarket Buy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App