CCI Welcomes Propel Holdings to Our National Network of Innovators

January 15, 2025

The Council of Canadian Innovators is pleased to announce that Propel Holdings has joined our national network of high-growth technology companies.

Headquartered in Toronto, Propel Holdings is transforming financial services with its AI-driven fintech platform. Under the leadership of CEO Clive Kinross, Propel’s operating brands — Fora Credit, CreditFresh, MoneyKey, and QuidMarket — along with its lending-as-a-service product line, provide access to credit for consumers underserved by traditional financial institutions. Propel’s innovative approach evaluates customers beyond traditional credit scores, expanding access to better financial products and empowering a broader market of consumers.

To date, Propel’s platform has facilitated over 1.3 million loans and lines of credit, providing more than two billion dollars in credit to consumers.

“Propel Holdings is a shining example of how Canadian fintech companies are leading the way in creating inclusive financial solutions,” said Benjamin Bergen, President of the Council of Canadian Innovators. “Their innovative use of AI to serve underserved communities is both impactful and inspiring. We are excited to welcome them to the CCI family.”

Since 2015, the Council of Canadian Innovators has been dedicated to supporting Canada’s high-growth technology companies, working with government leaders to co-develop strategies that unleash the country’s innovation potential.

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