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Borrowell raises $25 million to fund acquisition of Refresh Financial
Borrowell has secured $25 million CAD to support its recently closed acquisition of Refresh Financial and overall growth, as financial institutions return their focus to customer acquisition following the fallout of COVID-19.
The all-equity financing included a number of new investors for Borrowell, such as Kensington Capital Partners, BDC Capital, iA Financial Group and Impact Engine, a Chicago-based social impact-focused investment fund. Existing investors Portag3 Ventures, White Star Capital, NAventures (the venture arm of National Bank of Canada) and Equitable Bank also participated with new funding.
“We’re getting back to very much where we were pre-COVID.” ....

United States , Andrew Graham , A Financial Group , National Bank , Trans Union , Equitable Bank , Refresh Financial , Kensington Capital Partners , Financial Group , Impact Engine , White Star Capital , Canadian Fintech , Secured Savings Loan , Refresh Capital , Bdc Capital , Ia Financial Group , Portag3 Ventures , National Bank Of Canada , ஒன்றுபட்டது மாநிலங்களில் , ஆண்ட்ரூ கிரஹாம் , நிதி குழு , தேசிய வங்கி , டிரான்ஸ் தொழிற்சங்கம் , சமமான வங்கி , புதுப்பிப்பு நிதி , கெந்‌ஸிஂக்‌டந் மூலதனம் கூட்டாளர்கள் ,