About Propel Finance
Propel Finance is a company based in Langstone (United Kingdom) founded in 1996. Propel Finance offers products and services including Asset Finance, Green Finance, Vehicle Finance, and Embedded Finance. Propel Finance operates in a competitive market with competitors including Moniepoint, Newable, Togethermoney, Greensill and Ultimate Finance, among others.
- Headquarter Langstone, United Kingdom
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Propel Finance Plc
- Date of Incorporation 15 Jun, 2000
- Jurisdiction LANGSTONE PARK LANGSTONE, NEWPORT
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$2.05 B (USD), Debt – Conventional
Jul 03, 2025
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Investors
Citi
& 5 more
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Employee Count
Not available
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Products & Services of Propel Finance
Propel Finance offers a comprehensive portfolio of products and services, including Asset Finance, Green Finance, Vehicle Finance, and Embedded Finance.
Provides funding for business equipment and technologies
Supports financing for eco-friendly assets and transitions
Offers flexible funding for business vehicles and fleets
Integrates finance solutions to enhance online sales
People of Propel Finance
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Funding Insights of Propel Finance
Investors in Propel Finance
Propel Finance has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Citi, Barclays and Bank of America.
| Investor | Description | Founded Year | Domain | Location |
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Private debt fund and fund of funds focused on startups
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Quilam Capital is engaged in providing growth capital and senior debt solutions.
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Commercial banking and financial services are provided globally.
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Investor details for Propel Finance
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Investments & Acquisitions by Propel Finance
Investment portfolio details for Propel Finance
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Financial Statements - Propel Finance
Detailed financials for Propel Finance
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Propel Finance Comparisons
Peer comparison for Propel Finance
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Competitors of Propel Finance
Propel Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moniepoint, Newable, Togethermoney, Greensill and Ultimate Finance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Integrated financial services are provided for businesses and individuals.
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Business loans are provided to UK enterprises by Newable.
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Provider of consumer and SME loans
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Working capital loans are provided through financial market mechanisms.
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Working capital loans are provided to small and medium-sized enterprises.
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Diversified lending services are offered as a non-banking financial institution.
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Detailed competitors of Propel Finance
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Latest news on Propel Finance
Complete news archive for Propel Finance
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Frequently Asked Questions about Propel Finance
Propel Finance was founded in 1996 and raised its 1st funding round 25 years after it was founded.
Propel Finance is headquartered in Langstone, United Kingdom.
Propel Finance was established in 1996 and is headquartered in Langstone, United Kingdom. Operations are centered on the financial services sector, where business loans are extended to support enterprise funding needs. Services include tailored lending solutions for small and medium-sized businesses operating within the UK market. The companys domain, propelfinance.co.uk, facilitates access to these financial products across the region.
Propel Finance's top competitors include Togethermoney, Moniepoint and Close Brothers.
Propel Finance offers Asset Finance, Green Finance, Vehicle Finance, and Embedded Finance.
Propel Finance has 6 investors. Key investors include Citi, Barclays, Bank of America, Citi, and British Business Bank.