Portage

Portage Ventures is a venture capital firm based in Toronto, Canada, established in 2016 as the corporate venture capital arm of Sagard Holdings. The firm specializes in investing in early-stage, growth-stage, and later-stage companies within the financial technology sector. Portage Ventures is dedicated to identifying and supporting promising Canadian fintech companies that have the potential to achieve significant global impact. Through its strategic investments, the firm aims to foster innovation and development in the financial services industry.

Darwin, Ross S.

Principal

Hélène Falchier

Partner

Adam Felesky

CEO

Ricky Lai

Partner

Leo Liu

Senior Associate

Gabi Makari

Associate

Okereke, AJ

Principal

Juliette Souliman

Principal

Alex Tung

Associate

Past deals in Personal Finance

Conquest Planning

Series A in 2023
Conquest Planning is a FinTech company that is developing an innovative solution for the financial services industry.

atomic

Series B in 2022
Atomic FI is a technology company that builds products that drive consumer engagement in financial services. It plans on launching a series of products, the first of which will be a balance transfer product for Credit Cards, HELOC's, and potentially auto loans. Each of its products will be designed to have an incredible user experience, and solve a pain point for financial institutions and fintechs alike. Atomic FI's platform allows users to connect their payroll account using their payroll credentials eliminating frauds and manual processes through multi-step verification, enabling employees and businesses to conduct secure banking transactions efficiently. Today the process is extremely manual and error-prone and provides a poor user experience. They solve that by increasing the speed of the payoff by 4-5x, and providing a user experience that far exceeds anything currently in the market.

KOHO

Series D in 2022
KOHO Financial provides an application-based banking platform to simplify financial products available to everyone. Its platform helps users to complete their day-to-day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations to let users manage their expenses and banking operations on the go. The company was founded in 2014 and is headquartered in Toronto, Ontario.

atomic

Series A in 2021
Atomic FI is a technology company that builds products that drive consumer engagement in financial services. It plans on launching a series of products, the first of which will be a balance transfer product for Credit Cards, HELOC's, and potentially auto loans. Each of its products will be designed to have an incredible user experience, and solve a pain point for financial institutions and fintechs alike. Atomic FI's platform allows users to connect their payroll account using their payroll credentials eliminating frauds and manual processes through multi-step verification, enabling employees and businesses to conduct secure banking transactions efficiently. Today the process is extremely manual and error-prone and provides a poor user experience. They solve that by increasing the speed of the payoff by 4-5x, and providing a user experience that far exceeds anything currently in the market.

Moneyworld

Seed Round in 2021
Banks don’t help us save. Moneyworld does. Moneyworld is a mix between a video game and a digital bank — and brings fun, prizes, and a sense of community to the usually lonely act of saving towards a goal. Have you ever wanted to replace your bank manager with a cute talking cat named Joony? Now is your chance! Earn a return on your savings just by exploring the sights and sounds of Moneyworld, and interacting with its inhabitants. Saving can now be fun and games.

Conquest Planning

Seed Round in 2021
Conquest Planning is a FinTech company that is developing an innovative solution for the financial services industry.

Nesto

Series B in 2021
Nesto is on a mission to offer a positive, empowering and transparent property financing experience, simplified from start to finish. Powered by the most advanced technology, Nesto screens the whole market in seconds to find the most affordable mortgage while its commission-free experts provide clients with unbiased support along the process. Nesto was founded in 2018 and is located at Montreal, Quebec.

Kikoff

Series B in 2021
Kikoff is a personal finance platform with a mission to turn credit builders into great borrowers. Its web and mobile app lets customers build credit, save, and check their credit scores and reports with speed, convenience, and affordability in mind.

KOHO

Series C in 2021
KOHO Financial provides an application-based banking platform to simplify financial products available to everyone. Its platform helps users to complete their day-to-day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations to let users manage their expenses and banking operations on the go. The company was founded in 2014 and is headquartered in Toronto, Ontario.

Borrowell

Series C in 2021
Borrowell Inc., founded in 2014 and based in Toronto, Canada, is a financial technology company that specializes in providing credit education and personal financial services. The company offers free credit scores, credit monitoring, and personalized financial product recommendations through its online marketplace-lending platform. Borrowell helps Canadians access various financial products, including personal loans, credit cards, and mortgages, while also providing tools for debt management and financial improvement. By integrating innovative digital solutions such as personalized credit coaching and AI-driven recommendations, Borrowell aims to enhance the financial well-being of its customers and promote responsible borrowing practices.

Albert

Series C in 2021
Albert Corporation is a financial technology company established in 2015 and based in Culver City, California. The company offers a mobile application that provides financial advisory services designed to make money management accessible and affordable. Users can directly communicate with financial experts to address various financial issues, build personalized financial plans, and utilize automated investing services. The platform features tools for automatic savings, financial health monitoring, budgeting, and detailed spending reports. Additionally, it offers Albert Instant, which provides advances against paychecks to help customers avoid overdrafts. Albert aggregates financial data from users' bank accounts, credit cards, loans, and investments to analyze income and expenses, enabling personalized recommendations for savings accounts and loan applications. The company is supported by several investors, including General Atlantic and QED.

Albert

Series B in 2020
Albert Corporation is a financial technology company established in 2015 and based in Culver City, California. The company offers a mobile application that provides financial advisory services designed to make money management accessible and affordable. Users can directly communicate with financial experts to address various financial issues, build personalized financial plans, and utilize automated investing services. The platform features tools for automatic savings, financial health monitoring, budgeting, and detailed spending reports. Additionally, it offers Albert Instant, which provides advances against paychecks to help customers avoid overdrafts. Albert aggregates financial data from users' bank accounts, credit cards, loans, and investments to analyze income and expenses, enabling personalized recommendations for savings accounts and loan applications. The company is supported by several investors, including General Atlantic and QED.

Conquest Planning

Seed Round in 2020
Conquest Planning is a FinTech company that is developing an innovative solution for the financial services industry.

Borrowell

Series B in 2019
Borrowell Inc., founded in 2014 and based in Toronto, Canada, is a financial technology company that specializes in providing credit education and personal financial services. The company offers free credit scores, credit monitoring, and personalized financial product recommendations through its online marketplace-lending platform. Borrowell helps Canadians access various financial products, including personal loans, credit cards, and mortgages, while also providing tools for debt management and financial improvement. By integrating innovative digital solutions such as personalized credit coaching and AI-driven recommendations, Borrowell aims to enhance the financial well-being of its customers and promote responsible borrowing practices.

KOHO

Series B in 2019
KOHO Financial provides an application-based banking platform to simplify financial products available to everyone. Its platform helps users to complete their day-to-day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations to let users manage their expenses and banking operations on the go. The company was founded in 2014 and is headquartered in Toronto, Ontario.

Albert

Series A in 2018
Albert Corporation is a financial technology company established in 2015 and based in Culver City, California. The company offers a mobile application that provides financial advisory services designed to make money management accessible and affordable. Users can directly communicate with financial experts to address various financial issues, build personalized financial plans, and utilize automated investing services. The platform features tools for automatic savings, financial health monitoring, budgeting, and detailed spending reports. Additionally, it offers Albert Instant, which provides advances against paychecks to help customers avoid overdrafts. Albert aggregates financial data from users' bank accounts, credit cards, loans, and investments to analyze income and expenses, enabling personalized recommendations for savings accounts and loan applications. The company is supported by several investors, including General Atlantic and QED.

Neat

Venture Round in 2018
Built for entrepreneurs, by entrepreneurs As entrepreneurs our businesses are always in motion: starting from an idea, to making a first sale, to expanding globally. We need a financial experience that evolves with us – an experience that’s still stable and secure, but adaptive too. Banks were built for a different era of business, not for the new economy – where borders are disappearing and it’s easier than ever to start a global business. Neat believes in making international business a reality for entrepreneurs around the world. Today, Neat is a modern alternative to a bank, designed to support you wherever you go. Tomorrow, we’re a platform for doing business: building a dynamic and frictionless economy.

Neat

Venture Round in 2018
Built for entrepreneurs, by entrepreneurs As entrepreneurs our businesses are always in motion: starting from an idea, to making a first sale, to expanding globally. We need a financial experience that evolves with us – an experience that’s still stable and secure, but adaptive too. Banks were built for a different era of business, not for the new economy – where borders are disappearing and it’s easier than ever to start a global business. Neat believes in making international business a reality for entrepreneurs around the world. Today, Neat is a modern alternative to a bank, designed to support you wherever you go. Tomorrow, we’re a platform for doing business: building a dynamic and frictionless economy.

Multiply

Venture Round in 2018
Multiply is working with the Financial Conduct Authority's Advice Unit to get fully regulated and become one of the first automated financial advice solutions. They use encryption to ensure your information is fully secure, and they will never share or sell your data.Traditional financial advisors are too expensive for most people, and they usually only help clients with upwards of £100,000 in the bank. This means there are millions of people in the UK who want to make better financial decisions but don’t know how. They think this is a big problem. It’s even got a name - the advice gap - and they are determined to close it, by making financial advice available to everyone.Multiply creates free financial plans to help you decide what to do with your money. All you have to do is create an account on their website, answer a few questions about your current situation and what you want for your future, and their smart technology will do the rest. What you’ll get is a list of recommendations across savings, pensions, investments, insurance, and more. It’s a fast, secure, easy way to get impartial guidance on how to make your money work for you, and it’s absolutely free to use.

Albert

Seed Round in 2018
Albert Corporation is a financial technology company established in 2015 and based in Culver City, California. The company offers a mobile application that provides financial advisory services designed to make money management accessible and affordable. Users can directly communicate with financial experts to address various financial issues, build personalized financial plans, and utilize automated investing services. The platform features tools for automatic savings, financial health monitoring, budgeting, and detailed spending reports. Additionally, it offers Albert Instant, which provides advances against paychecks to help customers avoid overdrafts. Albert aggregates financial data from users' bank accounts, credit cards, loans, and investments to analyze income and expenses, enabling personalized recommendations for savings accounts and loan applications. The company is supported by several investors, including General Atlantic and QED.

Quovo

Series B in 2018
Quovo is a data platform that provides companies with connectivity and insights for millions of consumer financial accounts across more than 14,000 different institutions. Account connectivity is the lifeblood of digital finance. The next transformative innovation in every industry likely involves connecting to customer account data—Quovo helps businesses get there with technology that retrieves, organizes, and analyzes data from across the full breadth of financial accounts. The company's industry-leading APIs, modular applications, and enterprise solutions help businesses deepen their customer relationships with an enhanced connection to their financial lives. From fintech innovators like SoFi and Betterment to the top retail banks, the leading financial services companies rely on Quovo to provide the data and insights they need to predict, transact, and personalize their services more effectively. It was founded in 2010 and headquartered in New York, United States.

Loot

Series A in 2017
Loot Financial Services Ltd., based in London, provides innovative financial solutions through its current account and contactless Mastercard services. Established in 2014, the company offers a digital application that simplifies money management by combining a prepaid debit card with budgeting tools. Users benefit from features such as real-time spending tracking and the ability to set weekly budgets, allowing them to manage their finances effectively without the need for manual entry of expenses. Loot is focused on enhancing user experience by offering insights into spending patterns and enabling users to pause and unpause their cards as needed.

KOHO

Venture Round in 2017
KOHO Financial provides an application-based banking platform to simplify financial products available to everyone. Its platform helps users to complete their day-to-day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations to let users manage their expenses and banking operations on the go. The company was founded in 2014 and is headquartered in Toronto, Ontario.

Borrowell

Series A in 2017
Borrowell Inc., founded in 2014 and based in Toronto, Canada, is a financial technology company that specializes in providing credit education and personal financial services. The company offers free credit scores, credit monitoring, and personalized financial product recommendations through its online marketplace-lending platform. Borrowell helps Canadians access various financial products, including personal loans, credit cards, and mortgages, while also providing tools for debt management and financial improvement. By integrating innovative digital solutions such as personalized credit coaching and AI-driven recommendations, Borrowell aims to enhance the financial well-being of its customers and promote responsible borrowing practices.

Wealthsimple

Series A in 2015
Wealthsimple Financial Inc. provides digital investment advisory services across Canada and operates additional offices in Brooklyn, New York, and London, United Kingdom. Founded in 2014 and headquartered in Toronto, the company offers a range of financial tools designed to help individuals grow and manage their wealth. Wealthsimple builds diversified portfolios of exchange-traded funds (ETFs) on behalf of its clients, enabling them to achieve their financial goals without the high fees and account minimums typical of traditional investment management. Additionally, Wealthsimple features on-demand financial planning solutions and a hybrid savings and spending product known as Wealthsimple Cash. The company focuses on making financial advice accessible and affordable, supported by a team of experienced financial professionals. As of September 2020, Wealthsimple operates as a subsidiary of Purpose Advisor Solutions Inc.
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