Mr. Clive Kinross reports

PATHLIGHT JOINS $330,000,000 CREDIT FACILITY FOR PROPEL HOLDINGS

Pathlight Capital LP has joined a $330-million syndicated credit facility for Propel Holdings Inc. in support of its CreditFresh line of business. Propel is a fintech company facilitating access to credit for underserved consumers. Proceeds from the facilities will be used to support continued growth in CreditFresh's loan portfolio. The credit facility continues to be led by Bastion Management and affiliates thereof and Hudson Cove Capital Management LLC and affiliates thereof.

"We are pleased to expand our lender group with the addition of Pathlight," said Clive Kinross, Propel's chief executive officer. "Their knowledge of financial services and substantial capital base is well aligned with our growth strategy. Their understanding of the consumers we serve is a key differentiator and something that gives us a high level of comfort as we enter into this new partnership."

Tyler Harrington, managing director at Pathlight, said: "We believe the team at Propel has established a differentiated artificial-intelligence-powered technology platform which has resulted in a strong performance history for their consumer loan portfolio. We are pleased to partner with them as they enter their next phase of growth."

"We've known the team at Bastion for multiple years and are excited about partnering with them on this transaction," added Christopher Arnold, managing director at Pathlight.

About Propel Holdings Inc.

Propel is the fintech company building a new world of financial opportunity for consumers, partners and investors. Propel's operating brands -- Fora Credit, CreditFresh and MoneyKey -- and its lending-as-a-service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its groundbreaking artificial-intelligence-driven platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel. Its revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over one billion dollars in credit. At Propel, it is here to change the way customers, partners and investors succeed together.