Propel news and trends

FinTech Propel Holdings Expands Online Lending Platform to Canada
Loans // November 21, 2022

Propel Holdings, a FinTech that offers users access to credit in the United States, has entered the Canadian market with an online credit offering for underserved Canadian consumers.  Fora Credit is now available in Alberta and Ontario and will be rolled out into additional provinces...

Today in the Connected Economy: Versana Tackles $5T Syndicated Loan Market
Connected Economy // March 16, 2022

Today in the connected economy, J.P. Morgan, Bank of America, Citi and Credit Suisse unveil their loan platform Versana, which they say will bring “transparency, efficiency and velocity” to the $5 trillion syndicated loan market. Also, Audible signs a deal with 1Huddle to give its...

Propel, emerchantpay, Team up on Card Terminal Project
Partnerships // March 16, 2022

Payment service provider emerchantpay has launched a collaboration with asset finance specialist Propel that will let the company’s partners offer card terminals to merchants in the U.K., where both companies are based. As IBS Intelligence reported Wednesday (March 16), the partnership allows emerchantpay to provide...

Today In Digital-First Banking: Railsbank Lands $70M; N26 Reportedly In Fundraising Talks
Digital-First Banking // July 14, 2021

In today’s top news in digital-first banking, Railsbank notched $70 million as it keeps growing its FinTech-as-a-Service platform on an international scale, while N26 is reportedly in fundraising talks that would value the firm at between $8 billion and $11 billion. Plus, FinTech Propel launched...

Interviews & Exclusives
Propel CEO Sees App As Aid to Low-Income Consumers, Beyond The Grocer’s Aisles

May 04, 2018
An app designed to make life easier for food stamp recipients is expanding the commerce-related services it offers to low-income Americans, but a new challenge related to data could hamper the ability of Propel, the company that operates the app, to gather the data upon which it depends. New features being rolled out include grocery […]

Fresh EBT’s Social Safety Net Tech Upgrade

May 12, 2017
It’s a set of statistics that all of us have heard many times before: In the U.S., nearly half of the population doesn’t have $400 on hand in the event...

Quick Reads
Pathward and Propel Partner to Provide Credit to Underserved Consumers

June 20, 2023
Pathward is adding a new line of credit for consumers who have limited access to credit. The national bank has partnered with Propel, a FinTech that will service the loans through its Lending-as-a-Service (LaaS) platform, Pathward said in a Tuesday (June 20) press release. “We are thrilled to partner with Propel to bring this program to the market as […]

FinTech Propel Holdings Expands Online Lending Platform to Canada

November 21, 2022
Propel Holdings, a FinTech that offers users access to credit in the United States, has entered the Canadian market with an online credit offering for underserved Canadian consumers.  Fora Credit...

Propel, emerchantpay, Team up on Card Terminal Project

March 16, 2022
Payment service provider emerchantpay has launched a collaboration with asset finance specialist Propel that will let the company’s partners offer card terminals to merchants in the U.K., where both companies...

Propel Launches App To Manage Both Debit And Government Benefits

July 14, 2021
Propel, a FinTech that builds technology to help lower-income Americans manage their finances, launched a new app today (July 14) that combines digital banking with government benefits management. The new...