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Propell raises cash to enhance ‘one-stop-shop’ small business finance platform

May 9, 2022

Propell Holdings (ASX: PHL) chief executive officer Michael Davidson joins Small Caps to discuss the company’s growth plans for its digital finance platform.

Following a successful March quarter in which the company posted record growth in its lending division, it recently completed a placement raising $1.36 million and has just launched an entitlement offer to raise an additional $2.22 million.

Funds will be used to support ongoing platform development, wholesale facility extension and working capital requirements.

Watch the full interview below.

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