A financial technology entrepreneur was recognized at a recent EY awards ceremony in Toronto.
Clive Kinross, founder of Propel Holdings, has won this year’s EY Entrepreneur of the Year 2024 Ontario Overall Award.
Founded in 2011, Propel provides a lending-as-a-service platform and went public in 2021.
Stephanie Lamont, co-director of the EY Entrepreneur of the Year Ontario Program, said: “Clive’s forward-thinking approach and unwavering dedication to financial empowerment will lead Propel to the top of the fintech industry. “We have brought it to the forefront of the field.”
“His strategic use of AI technology is revolutionizing credit access and represents the perfect marriage of cutting-edge solutions and a deep understanding of consumer needs,” she added.
Propel employs proprietary AI that analyzes thousands of data points per second to match users with personalized financial products and has facilitated over 1 million loans and over $1 billion in loans to date. .
Christopher Gordon, co-director of the EY Entrepreneur of the Year Ontario Program, said: “Clive’s dedication to creating opportunities for all exemplifies his visionary leadership and inspires entrepreneurs to We are setting a new standard in spirit.”
“We are thrilled to welcome him to our global network of entrepreneurs who are driving Ontario’s prosperity and shaping a bright future through innovative business,” he added. Ta.
The 2024 Ontario Independent Review Panel consists of Gavin Armstrong, founder and CEO of Lucky Iron Life; Sandra Bosela, Co-Head of Private Markets Group, OPTrust, Senior Managing Director and Global Head of Private Equity Reena Chaudhary, Managing Partner, Sia Partners. Kathy Chen, President of Redwood Classics Apparel, and Mat Micheli, Co-Founder and Co-CEO of Viral Nation Inc.
The EY Entrepreneur of the Year program recognizes entrepreneurs across Canada who use a fine balance of passion, determination, character and skills to create businesses that tackle complex challenges and build a better working world. spotlight.
As the EY Entrepreneur of the Year 2024 for the Ontario region, Mr. Kinross will next compete with winners from the Pacific, Prairie, Quebec and Atlantic regions for the national honor of Canada’s EY Entrepreneur of the Year 2024. The award will be presented at a gala in November. 26th place in Toronto.
In June 2025, Canada’s EY Entrepreneur of the Year 2024 will move to the world stage, competing with winners from over 50 other countries for the title of EY World Entrepreneur of the Year in Monaco. Masu.
