Tech Company Financing Transactions
Borrowell Funding Round
On 7/24/2017, Borrowell raised $57 million in Series A investment from Portag3 Ventures, Equitable Bank and private investors.
Transaction Overview
Company Name
Announced On
7/24/2017
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$57,000,000
Round
Series A
Investors
Portag3 Ventures (Lead Investor) (Adam Felesky)
Equitable Bank (Andrew Moor)
White Star Capital (Jean-François Marcoux)
Proceeds Purpose
This latest round of funding will allow Borrowell to provide free credit information and loans to more people.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
33 Yonge Street 1301
Toronto ON, M5E 1G4
Canada
Toronto ON, M5E 1G4
Canada
Phone
Website
Email Address
Overview
Borrowell is Canada's premier online lending marketplace. We offer fast, fair and friendly personal loans for Canadians. Pay off credit cards from 5.6% APR.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Graham
Chief Financial Officer
Jeffrey Yim
Chief Operating Officer
Eva Wong
General Manager
Michael Chittenden
General Manager
Simon Wyse
VP - Product Management
Larissa Holmes
Browse more venture capital transactions:
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Next: 7/24/2017: WellFount venture capital transaction
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We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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