Toronto based fintech and credit education startup raised $25m in Series C funding from Kensington Capital Partners, BDC Capital, iA Financial Group, Impact Engine and insiders Portag3 Ventures, White Star Capital, National Bank of Canada and Equitable Bank.
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Borrowell raises $25m in Series C funding
“This acquisition and fundraise allow us to double-down on our strategy of helping consumers achieve their financial goals,” said Andrew Graham, co-founder and CEO of Borrowell. “With an expanded team across the country and a comprehensive suite of credit building solutions, we’re eager to help even more Canadians access credit products that meet their specific needs and maximize their long-term financial health. All Canadians deserve a fair shot at building credit history, accessing affordable credit, and reaching their financial goals. We believe Borrowell can help make that a reality.”
