• FOUNDING YEAR: 2014
    LOCATION:
    Canada
    REGION:
    ON
    Last Update:
    27 Jun, 2019
    Phone:
    +1 416 800 0950

Description

FOCUS

PRODUCTS & SERVICES:
Personal loans & credit scoring services
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail Borrowers
EXISTING PARTNERSHIPS:
Equitable Bank and Oakwest Corporation

PEOPLE

FOUNDERS:
Eva Wong, Andrew Graham, Salim Naran, Scott Laitinen
Board Members and Advisors:
James Appleyard
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Portag3 Ventures, Equitable Bank, White Star Capital, FirstOntario Credit Union, Concentra Bank, Hedgewood, Power financial, Freycinet Ventures, Ryerson Futures

TRACTION

VALUATION / MARKET CAP:
$36 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$21.3 Millions
DATE OF LAST FUNDING:
Jul 2017
TOTAL FUNDING COMMENT:
Received $57m in debt & equity financing in July 2017
SEED & PRIOR FUNDING:
$5.4 Millions
SEED CLOSED ON:
Dec 2014
FUNDING SERIES:
SERIES A
$15.92 Millions Closed: Jul 2017
DEBT FUNDING:
$6.4 Millions
LISTED:
NO
COMMENT:
The company was selected as fintech winner in the 4th Annual Canadian FinTech & AI Awards 2018.

LATEST RESEARCH