Tech Company Financing Transactions
Finofo Funding Round
Finofo, based in Calgary, Alberta, secured $1.2 million in investment from Motivate Venture Capital, Desjardins Group and SaaS Venture Capital.
Transaction Overview
Company Name
Announced On
8/17/2023
Transaction Type
Venture Equity
Amount
$1,180,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expnd operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Calgary, Alberta, Undisclosed
CA
Calgary, Alberta, Undisclosed
CA
Phone
Undisclosed
Website
Email Address
Overview
Finofo emerged from our firsthand encounters with the challenges businesses face in financial operations. Recognizing the limitations of existing solutions, we were inspired to develop a more efficient and effective platform to address these pain points. The ugly collage you see on the right/above represents our hard work and dedication to innovating a solution to the problems faced by us, our clients, and the FX industry. We are a team of technologists, financial engineers, and business builders, driven by a shared passion of making our customers' lives easier.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Charles Maranda
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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