Propell eyes best day in 3 weeks on record month in customer wins

Propell Holdings

02/06/2022 03:29

** Shares of small and medium enterprises-focused fintech
firm Propell Holdings  PHL.AX  climb as much as 3.6% to A$0.058,
set for their sharpest intra-day pct jump since May 12 
    ** Co says it has surpassed 2,000 customers on its platform
in the month of May, up 428% from May 2021   urn:newsml:reuters.com:*:nASX7z9Zd6
    ** Says PHL registered a record lending month with A$1.2
million ($859,440.00) in originations, up 34% on April 
    ** Adds that co is on track for a record quarter in Q4 FY22 
    ** Stock down 37.2% this year, as of last close, vs a 3.7%
decrease in the benchmark S&P/ASX 200 index  .AXJO  

($1 = 1.3963 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))