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Congratulations to the EY Entrepreneur Of The Year® 2024 Ontario Award winners!
EY Entrepreneur Of The Year 2024 Ontario Overall Award winner
Clive Kinross | Propel Holdings
propelholdings.com
(TSX: PRL)
Clive Kinross is turning financial dreams into flourishing realities.
Inspired by potential. Moved by entrepreneurial spirit. Clive always believed he’d someday found a business of his own. That purpose drove him to transition from a boutique merchant bank to a real estate investment trust — where he honed the expertise that would fuel his first venture.
Clive shook up a number of industries before launching Propel Holdings (TSX: PRL): the FinTech company building a new world of financial opportunity through a unique, lending-as-a-service product line that facilitates access to credit for consumers underserved by traditional financial institutions.
Drawing on emerging tech to build a billion-dollar business
Through its groundbreaking, AI-driven platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result? Better products and an expanded credit market for consumers, and sustainable, profitable growth for Propel.
Under his leadership, Propel has grown to a market cap of $1 billion and a thriving workforce of more than 450 employees. Together, they are helping customers access more than one million loans and lines of credit representing over $1 billion in credit.
A deep commitment to creating equitable opportunities
Propel exemplifies impact-driven entrepreneurship. Keeping with Clive’s vision, the business offers credit to people often marginalized by traditional financial systems — generating possibilities for all.