Alumnus fintech company Propel goes public on TSX

Friday, October 22, 2021

By Faculty of Engineering. This is an excerpt from an article originally published on Engineering News.

Noah Buchman, MBET 2009

A financial technology company that was co-founded by a Waterloo Engineering alumnus completed an initial public offering (IPO) this week that valued it at $326 million.

Propel Holdings Inc., which was launched by Noah Buchman and three others in 2011, raised $61 million and is now listed on the Toronto Stock Exchange.

Buchman earned a master of business, entrepreneurship and technology (MBET) degree from Waterloo in 2009.

Read the full story on the Faculty of Engineering website