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FinanceIt Canada Inc.

Financial Services ~320 employees
Founded
--
Employees (Est.)
~320
16 leaders known
Total Funding
$1.0B
Funding Rounds
2
Last Funding
2024-10-21

About FinanceIt Canada Inc.

Financeit is a company that provides consumer financing solutions to businesses, enabling them to offer flexible payment options to their customers. Their mission is to boost sales by offering financing for projects and purchases up to $100,000 through a mobile-friendly platform, with features like low monthly quotes, promotional interest rates, and direct bank transfers without merchant fees.

Products & Services

Home Improvement Financing:Financing solutions for home improvement projects, including HVAC, pools & spas, windows & doors, water treatment, roofing & exteriors, and home renovation.
Retail Financing:Financing options for retail businesses to offer customers payment plans for purchases.
Vehicle Financing:Financing solutions for vehicle purchases or related services.
Enterprise Solutions:Custom financing solutions for larger businesses or enterprise-level clients.
Personal Loan:Direct personal loan options for consumers.

Specialties

Consumer Financing Payment Plans Promotional Interest Rates Mobile-Friendly Financing Solutions

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Securitization Warehouse
T: -
FT: Securitization Warehouse
A: 507500000
MR: -
FA: C$700 million
FAN: 507500000
D: 2024-10-21
FD: 2024-10-21
1 investors
2 RT: Securitization Facility
T: -
FT: Securitization Facility
A: 500000000
MR: -
FA: C$500 million
FAN: 500000000
D: 2024-06-17
FD: 2024-06-17
2 investors
Securitization Warehouse Latest
2024-10-21
$507.5M
1 investor (Pro only)
Securitization Facility 2024-06-17
$500.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

C

Casper Wong

Chief Executive Officer

LinkedIn (Pro only)
D

David Yeilding

Chief Financial Officer

LinkedIn (Pro only)
L

Lee Zwaigen

Chief Technical Officer

LinkedIn (Pro only)
D

Dante Tamburro

General Counsel and Chief Compliance Officer

R

Rob Sharrard

Chief Operating Officer

D

Darya Ilyenko

VP, People Success

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Recent News

FinanceIt Canada Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Financial Services
Company Size
~320 employees (est.)

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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