Propell Holdings (ASX: PHL) Webcast Replay
22nd February, 2023
Propell Holdings Limited (ASX: PHL) is Australia’s first and only SME-focused all-in-one finance platform offering artificial intelligence-enabled, digital finance solutions to a potential market of 2.4 million small businesses in Australia.
As a part of our ‘The Insiders: Meet the CEOs’ series, CEO Michael Davidson, provides valuable insights to the company, its key markets and industry, and future prospects.
Recorded on 22nd February 2023 at 12pm (AEDT).
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FEATURED SPEAKER
Michael Davidson
CEO - Propell Holdings Limited (ASX: PHL)
Propell provides small-medium enterprises (SMEs) with artificial intelligence-enabled financing solutions that make it faster and easier for SMEs to access capital. Operating in a market comprising $423 billion in SME loans, the company provides SMEs with access to a suite of finance tools, including payments and lending, as well as insights into their financial health. By Q2 FY23, the company had increased its client base by 362% (2,600 customers), lending originations by 136% and average loan size by 307% compared with Q2 FY22. Propell’s five-year goal is to become the go-to finance platform for Australian SMEs, with 100,000 customers using the Propell app for all their financial needs.
