Borrowell

OverviewSuggest Edit

Borrowell is a fintech company. It develops a platform that connects borrowers and lenders. The company provides personal loans and free credit scores.
TypePrivate
Founded2014
HQToronto, CA
Websiteborrowell.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Jun 2021)94
Cybersecurity ratingAMore

Key People/Management at Borrowell

Andrew Graham

Andrew Graham

Co-Founder and CEO
Eva Wong

Eva Wong

Co-Founder and COO
Larissa Holmes

Larissa Holmes

VP of Talent
Simon Wyse

Simon Wyse

VP of Revenue
Jeff Yim

Jeff Yim

CFO, Finance
Michael Wendland

Michael Wendland

President, Refresh
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Borrowell Office Locations

Borrowell has an office in Toronto
Toronto, CA (HQ)
1301-33 Yonge St
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Borrowell Financials and Metrics

Summary Metrics

Founding Date

2014

Borrowell total Funding

$117.2 m

Borrowell latest funding size

$25 m

Time since last funding

3 months ago

Borrowell investors

Borrowell's latest funding round in March 2021 was reported to be $25 m. In total, Borrowell has raised $117.2 m
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Borrowell Acquisitions / Subsidiaries

Company NameDateDeal Size
Refresh FinancialDecember 15, 2020

Borrowell Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Borrowell Online and Social Media Presence

Embed Graph

Borrowell News and Updates

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...

Borrowell to acquire Refresh Financial to help more Canadians gain access to affordable credit

Acquisition equips Borrowell with additional products focused on financial well-being, while doubling its revenue and employee base Acquisition equips Borrowell with additional products focused on financial well-being, while doubling its revenue and employee base

MX to provide Borrowell with data cleansing tech

MX, the leader in money experience, today announced that Borrowell, Canada’s leading credit education company, has selected MX as part of its effort to bring financial stability to Borrowell’s one million plus users.

Borrowell boosts financial data analysis with MX

MX, the leader in money experience, today announced that Borrowell, Canada’s leading credit education company, has selected MX as part of its effort to bring financial stability to Borrowell’s one million plus users.

Borrowell lays off 20 percent of staff, citing financial institutions “pulling back” amid COVID-19

Toronto-based FinTech startup Borrowell has laid off approximately 20 percent of its staff, as the impacts of the COVID-19 pandemic continue to sweep through...

Borrowell survey shows financial strain Canadians are under amid pandemic

A new survey conducted by Toronto FinTech startup Borrowell has found that three in four Canadians are experiencing financial stress due to COVID-19. Borrowell,...
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Borrowell Blogs

Thanks a Million: Borrowell Officially Passes One Million Members

Today is an exciting day for all of us at Borrowell! We’re pleased to share that over a million people have signed up to Borrowell as members. This is an important milestone. It means that one in every 25 adult... Read More

Borrowell Launches New Free Credit Score App!

Borrowell helps people make great decisions about credit. In fact, Borrowell has helped more than 900,000 Canadians access their credit information – for free. In 3 minutes or less, you can get your Equifax credit score and report for free... Read More

Having A Kid? Here’s What It Means For Your Financial Plan

This post is guest-written by Claudia DoRego of Planswell. Having a child is one of the most incredible miracles in life. What’s also miraculous is the increasing cost of raising children, which is why incorporating your growing family into your financial... Read More

The Best Long Weekend Getaways In Canada For Spring And Summer

With summer on its way, it’s time to get out and enjoy the Canadian outdoors! So, where are you headed this summer? Canada has plenty of great spots for weekend getaways for travellers of all types. Looking for some inspiration?... Read More

I Forgot To File My Tax Return – Now What?

Your 2018 taxes were due on April 30th. If you’re thinking, “I forgot to file my tax return,” you may be feeling a little stressed. But it’s going to be okay! Take a breath – you can do this. Don’t... Read More

Why Canadian Borrowers May Be in for Lower Interest Rates

This post is guest-written by Penelope Graham of Zoocasa. Good news for borrowers and mortgage holders – after two years of “hawkish” trends, it appears interest rates may be headed lower once again. The Bank of Canada (BoC), which sets the... Read More
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Borrowell Frequently Asked Questions

  • When was Borrowell founded?

    Borrowell was founded in 2014.

  • Who are Borrowell key executives?

    Borrowell's key executives are Andrew Graham, Eva Wong and Larissa Holmes.

  • How many employees does Borrowell have?

    Borrowell has 94 employees.

  • Who are Borrowell competitors?

    Competitors of Borrowell include Banco Solidario, LEAF Commercial Capital and Amigo Loans.

  • Where is Borrowell headquarters?

    Borrowell headquarters is located at 1301-33 Yonge St, Toronto.

  • Where are Borrowell offices?

    Borrowell has an office in Toronto.

  • How many offices does Borrowell have?

    Borrowell has 1 office.