Propell Holdings Limited announce it has partnered with leading BNPL provider Zip Co Limited. Partnership involves the launch of Zip as its first Buy Now Pay Later `BNPL' product on the Propell Platform. Propell has built a leading digital, cloud-based, platform offering tailored finance products to help small to medium businesses manage and optimise their cash flow, with products including funds for operating and growth (lending) and broad payment acceptance.

A key strategy for Propell is to strengthen its transactional product to allow customers to seamlessly accept all standard payment types from their end customers, including credit cards, debit and now BNPL through the Propell Platform. The launch of Zip represents a demonstration of this strategy, providing Propell customers with greater flexibility in getting paid so they improve both the user experience with their end customer, and importantly their own cashflow. Propell will provide a fully integrated payments solution with Zip to its platform customers, providing their customers with the ability to pay with Zip's interest free BNPL payment solutions.

Propell has a well-defined strategy to continue to attract new customers and further enhance the Platform by adding additional proprietary and third-party products to drive growth in both overall revenues and revenue per customer. The launch of Zip represents the second new product to be launched during June 2021, following the recent launch of Business Insights.