Borrowell
Borrowell is a Canadian fintech company founded in 2014 by Andrew Graham and Eva Wong. Based in Toronto, it specializes in credit education and online lending solutions. The company operates as a marketplace platform, providing tools to enhance financial literacy and access to various credit products. Borrowell offers a range of services, including free credit scores updated weekly, credit monitoring with alerts for changes, and financial education resources such as articles and calculators. It also features a loan marketplace that connects users with personalized loan options, including debt consolidation and low-interest loans, along with tools for comparing credit cards and loans based on individual credit profiles. The company has grown significantly, serving over 850,000 members by 2019 and focusing on empowering Canadian consumers in managing their financial health.
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Funding
- Feb 2021 · Series C · $25M · Kensington Capital Partners, BDC Capital, iA Financial Group
- Jun 2019 · Series B · $20M · White Star Capital, Portag3 Ventures, Clocktower Ventures
- Jun 2019 · $271K · Gaingels
- Jul 2017 · Debt Financing · $45M · Portag3 Ventures LP, Equitable Bank, White Star Capital
- Jul 2017 · Series A · $9.5M · Portag3 Ventures LP, Equitable Bank, White Star Capital
- Feb 2016 · Debt Financing · $6.4M · Equitable Bank, Power Financial Corporation, Oakwest Corporation
- Dec 2014 · Seed · $5.4M · Oakwest Corporation, Ryerson Futures, Equitable Bank
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Borrowell FAQ
How many employees does Borrowell have?
Borrowell has about 120 employees (as of Oct 2026).
What is Borrowell's revenue per employee?
Borrowell makes about $167K in revenue per employee, based on $20M annual revenue and 120 employees.
How much funding has Borrowell raised?
Borrowell has raised $92.23M in total funding; its latest round was Series C in Feb 2021.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.