Financeit’s point-of-sale financing platform helps businesses of any size close more sales by offering customers affordable monthly payment options for their next big home improvement, vehicle or retail purchase.
Financeit has partnered with over 8,000 merchants to process more than $5 billion in loan applications and was named Canadian Lenders Association's 2019 Company of the Year in Lending.
Financeit has partnered with over 8,000 merchants to process more than $5 billion in loan applications and was named Canadian Lenders Association's 2019 Company of the Year in Lending.
Location: Canada, Ontario, Toronto
Employees: 201-500
Phone: +1 888-536-3025
Total raised: $102M
Founded date: 2010
Investors 2
| Date | Name | Website |
| - | IA Capital... | iacapgroup... |
| - | TTV Capita... | ttvcapital... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 08.06.2017 | - | $85M | - |
| 06.10.2016 | - | $17M | - |
Mentions in press and media 16
| Date | Title | Description |
| 18.06.2026 | June Health Raises C$2.4 Million To Expand Women’s Healthcare Platform | June Health announced the closing of an oversubscribed CAD$2.4 million financing round. Securian Canada participated significantly in the round as a strategic institutional investor. The round also included participation from AgeTech Capita... |
| 18.06.2026 | Securian Canada backs June | June Health June Health Founded: 2024 Headquarters: Toronto, Ontario, Canada See full company profile "> , a Canadian women’s healthcare platform delivered as an employee benefit, has raised CAD$2.4 million round, with Securian Cana... |
| 19.12.2017 | Financeit receives investment from Goldman Sachs to acquire home improvement software company Centah | Financeit — a POS financing provider for the home improvement, vehicle, and retail industry — has raised an undisclosed investment round from Goldman Sachs, an existing shareholder of the company. The company told The Globe and Mail that th... |
| 14.12.2017 | Financeit Completes Major Recapitalization from Goldman Sachs | Financeit, a Toronto, Canada- and NYC-based point-of-sale financing provider, completed a major recapitalization from existing shareholder Goldman Sachs. The amount of the deal was not disclosed. The company intends to use the proceeds to b... |
| 27.07.2017 | Financeit CEO Michael Garrity Welcomes Ryan D’Souza & Jennifer Honey Brannon to Team | Financeit, a point-of-sale financing provider, has expanded its executive team with two new Vice Presidents: VP of Sales Ryan D’Souza and VP of Human Resources Jennifer Honey Brannon. Following a successful year that included the acquisitio... |
| 08.06.2017 | Financeit Announces Funding Capacity of $85 Million | - |
| 08.06.2017 | Financeit announces funding capacity of $85 million | Toronto-based POS financing platform Financeit has announced the close of a $75 million renewable securitization facility, and a $10 million warehouse facility from a Canadian life insurance company. The company declined to name which Canad... |
| 06.10.2016 | Today in funding: Naborly, Financeit | Two Toronto-based companies managed to secure fresh rounds of funding. Here’s the latest on who raised how much, and from whom. Financeit raises $22 million in funding Financeit, which recently announced that a former Capital One CFO would ... |
| 06.10.2016 | Financeit Raises $17M in Funding | Financeit, a Toronto, Canada-based point-of-sale financing provider, raised $US17M ($CAD22m) in equity funding. The round was led by The Pritzker Organization, DNS Capital and existing investors as well as existing investors. The company in... |
| 23.08.2016 | Financeit Direct, Canadian Next Gen POS Financing Platform, Takes Off | Financeit today announced the launch of Financeit Direct, a direct-to-consumer financing platform. available 24/7 from any location on any device. Aiming to streamline point-of-sale financing which has traditionally been a complicated and p... |
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