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  5. PRL: Noticed the announcement last night that PRL was partnering with a company called KOHO to expand retail lending in Canada. [Propel Holdings Inc.]
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Q: Noticed the announcement last night that PRL was partnering with a company called KOHO to expand retail lending in Canada. Does this now make PRL a direct competitor to GSY? I'm guessing PRL is quite a bit smaller and than this should not be an issue if they are, no? Thanks.
Asked by jeff on September 23, 2024
5i Research Answer:

We have comments posted on the partnership this morning. PRL has always been a competitor to GSY, and this will increase the fight between them somewhat. 

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