Clive Kinross

With a background in building revolutionary online business models, Clive saw an opportunity to modernize the lending space and create an online business that created wins for consumers and investors. On September 1st of 2011, that idea become a reality. His financial acumen, bold visionary approach and determination has steered Propel to becoming the leader it is today. Under Clive’s leadership Propel went public in an oversubscribed IPO in 2021 on the Toronto Stock Exchange (TSX: PRL). Since then, Clive has driven Propel to expand into new geographies and achieve record, profitable growth. He has also championed a culture that is Propel’s differentiator, focused on integrity, meritocracy and exceptional dedication.

Clive is a natural entrepreneur, with a history of building successful, innovative tech businesses. Prior to starting Propel, Clive was Co-Founder and President of OPENLANE, a B2B online exchange for used vehicles, which under his guidance and leadership disrupted the traditional brick-and-mortar automotive auto auction model and transformed the industry. OPENLANE was sold to ADESA, a major subsidiary of KAR Auction Services (NYSE:KAR), in 2011. Prior to that, Clive worked for NSA Investments, the largest publicly traded private equity company in South Africa.

Clive sits on several corporate Boards and is also a Board Member for the Online Lenders Alliance (OLA), the main industry body representing the fast-growing online lending industry. Clive is a Chartered Accountant and completed his Articles at Arthur Andersen. He also holds a BComm, BAcc from the University of Witwatersrand in South Africa. Clive is an avid world traveler with his wife and two children and never misses a tennis match.