Propel Holdings Inc. announced that it has entered the Canadian market with its new brand, Fora Credit ("Fora") ­ a convenient online credit solution for underserved Canadian consumers. Nearly 25% of Canadians are either unserved or underserved in the credit market1, in many cases, due to a lack of access to credit through traditional financial institutions. In line with Propel's mission of credit inclusion, Fora was created to provide Canadians with access to a fair, transparent and flexible credit solution.

Rooted in Propel's existing flexible, scalable technology infrastructure and capabilities in artificial intelligence ("AI"), Fora enables consumers to apply online for personal lines of credit of up to CAD 10,000 through a seamless digital application experience backed by extraordinary customer service. Fora is currently available in Alberta and Ontario and Propel has plans to roll out Fora into additional provinces across the country in the coming months.