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Financeit offers a comprehensive suite of tools and technologies designed to simplify complex sales transactions for businesses and their customers. Our point-of-sale financing platform helps businesses of any size close more sales by offering customers affordable monthly payment options for their next big home improvement, vehicle or retail purchase.For larger enterprise businesses, Financeit delivers an integrated suite of home improvement solutions at scale, including leads and workflow management, live contact agents, financing and promotions, performance assurance and category development.Financeit has partnered with over 8,000 merchants to process more than $5 billion in loan applications and was named Canadian Lenders Association's 2019 Company of the Year in Lending.
Financeit provides a platform that allows businesses to offer financing to their customers at the point of sale using any device.
PRODUCTS & SERVICES
Financeit App for Financing
Company makes money by charging flat fee for each transaction.
Financeit has worked with over 7000 merchant partners across Canada(Dec 2017).
NUMBER OF TRANSACTIONS:
Financeit claims that it has processed over $1.9 billion in loan applications till Dec 2017.
Financeit’s has acquired Centah Inc., a global SaaS company for serving the home improvement industry by providing extensive workflow and lead management solutions to retailers, and manufacturers which will help them to make their business easier(Dec 2017).
BOARD MEMBERS AND ADVISORS
Erik De Witte
NUMBER OF EMPLOYEES
DATE OF LAST FUNDING
SEED & PRIOR FUNDING
SEED CLOSED ON
SERIES A · $13 M · Nov 2013
SERIES B · $12 M · Oct 2015
OTHERS · $17 M · Oct 2016
An undisclosed debt financing raised in Nov 2014, Venture fund: $17 M(Oct 2016), and an undisclosed fund raised in Dec 2017.
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