Canada Drives
Venture Round in 2022
Canada Drives Ltd. is a Canadian company established in 2010 and headquartered in Vancouver. It specializes in providing an entirely online car shopping experience, allowing customers to conveniently purchase certified used vehicles from the comfort of their homes. The platform connects users with auto dealers across Canada, offering various financing options, including loans available regardless of previous credit history. Customers have the flexibility to pay in full or finance their vehicle, sign all necessary documents online, and enjoy the convenience of having their purchased vehicle delivered directly to their doorstep, often on the same day. By streamlining the car buying process, Canada Drives aims to save customers time and reduce the stress typically associated with purchasing a vehicle.
LendCare Capital
Acquisition in 2021
LendCare Capital Inc. is a Canadian company based in Pickering that specializes in point-of-sale consumer financing. Established in 2004, LendCare has developed a robust platform that supports over 3,000 businesses across various sectors, including powersports, automotive, retail, home improvement, and healthcare. The company offers a full spectrum of financing options, enabling merchants to enhance their revenue by providing accessible credit solutions directly at the point of sale. With a focus on delivering fast and reliable financing, LendCare has processed more than $6 billion in loan applications, helping customers bridge the gap between their credit scores and their purchasing needs. The company’s dedicated team of finance professionals and strong partnerships with merchants and brokers position it as a key player in the consumer financing market.
Brim Financial
Series B in 2021
Brim Financial Inc., established in Toronto, Canada in 2015, specializes in issuing non-banking credit cards. The company offers a range of card types including reward cards, travel cards, and standard credit cards, all designed to enhance users' payment experiences. Brim's platform stands out with features such as embedded plans, custom security measures, unlimited rewards programs, digital installment plans, and real-time monetary advisory services accessible via an in-app digital portal. Formerly known as KREDITShare Inc., the company rebranded to Brim Financial Inc. in September 2017.
PayBright
Venture Round in 2019
PayBright is a Toronto-based company established in 2009 that offers a consumer payments and lending platform designed to enhance the everyday commerce experience for Canadians. It specializes in point-of-sale financing, enabling customers to finance their purchases through a series of biweekly or monthly installments. PayBright partners with various merchants across multiple sectors, including e-commerce, fashion, electronics, and home goods, to provide flexible and affordable payment options for both online and in-store transactions. The company's proprietary technology facilitates real-time payment solutions, making it easier for consumers to manage their spending while increasing accessibility to a wide range of products and services.