Tech Company Financing Transactions
Equitable Bank Funding Round
Equitable Bank, based in Toronto, Ontario, secured $300 million from Scotiabank, BMO Capital Markets and CIBC Capital Partners.
Transaction Overview
Company Name
Announced On
8/1/2025
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
25 Ontario St. EQ Bank Digital Banking, EQ Bank Tower 2200
Toronto, Ontario, M5A 0Y9
Canada
Toronto, Ontario, M5A 0Y9
Canada
Phone
Website
Email Address
Not Recorded
Overview
A bank that strives to transform the way banking has always been done needs a strong team behind it; a team of smart, creative people who share a common passion for doing things differently. As one united team of Challengers, we've grown to more than 1,700 employees, all joining the hundreds of thousands of Canadians who want change from their bank as much as we do. We celebrate authenticity and the unique differences that make us better, from how we build our teams, create innovative products, and deliver the very best service to our customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marlene Lenarduzzi
Chief Information Officer
Janet Lin
Vice President
Dan Broten
VP - Bus. Development
Darren Lorimer
VP - General Counsel
Michael Mignardi
VP - Human Resources
Gavin Stanley
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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