Propel welcomes Peter Anderson to its Board as Independent Director

– CANADA, Toronto –  Propel Holdings Inc. (TSX: PRL), an innovative fintech company dedicated to credit inclusion, today announced the appointment of Peter Anderson to its board as an independent director, effective immediately.

“We are pleased to welcome Peter Anderson as a member of our board. Peter brings a wealth of experience in financial services, strategic leadership and organizational growth. His core values align with ours and we know Peter will support our mission to facilitate access to credit for underserved consumers. We are fortunate to have Peter on our board and eager to work closely with him in our collective efforts to further advance our strategy,” said CEO, Clive Kinross.

Mr. Anderson will join the nomination, governance, nice, and compensation committees.

About Peter Anderson

As former CEO of CI Financial Inc, Peter Anderson led the Canadian asset and wealth management company with operations in Canada, the United States, Hong Kong, and Australia. Through Mr. Anderson’s leadership at CI Financial, the team successfully implemented its strategic plan, completed five acquisitions, and expanded its offering with new products and platforms.

Throughout his career, Peter Anderson held several senior leadership roles, including at Aston Hill Financial and ScotiaMcLeod. He has a degree from the University of New Brunswick, as well as a designation from the Institute of Corporate Directors Mr. Anderson has extensive governance experience, including with CI Financial, St. Andrew’s College, Toronto Symphony Orchestra, Waterloo Brewing, Aston Hill Financial and Langdon Equity Partners.

About Propel

Propel is an innovative, online financial technology company, committed to credit inclusion by providing and facilitating fair, fast, and transparent access to credit with exceptional service using its proprietary online lending platform. Through its operating brands, Propel is focused on providing access to credit to underserved consumers who struggle to access credit from mainstream credit providers. Propel’s revenue growth and profitability have accelerated significantly over the past two years as it has facilitated access to credit for an increasing number of consumers, helping them move forward in their credit journeys.

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