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Propra Shifts Gears From Proptech to Fintech

April 23, 2025 by Newsdesk

Calgary-based Propra is evolving from property ops software to a full-fledged fintech platform. Founded in 2021, the startup now offers a vertically integrated accounting system for real estate managers, with new AI tools that automate bill and deposit entries. “Replacing paper was never painkiller enough,” said CEO Al-Karim Khimji.

Using AWS Bedrock and LLM workflows, Propra parses invoices and e-transfers to generate clean journal entries. Co-founder Craig Adam calls it a game-changer. With 2.4x revenue growth and 3.4x customer expansion, Propra is betting on deeper automation—not scale—for success.

Want to know more? Check out the source code on Calgary.tech.

Filed Under: News Tagged With: Propra

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