Financeit raises $22 mln round to fund TD acquisition, growth
Toronto-based financial technology company Financeit Canada Inc has raised a $22 million (US$17 million) equity financing. The round was led by new investors The Pritzker Organization and DNS Capital, as well as existing investors. The latter may include include Goldman Sachs, which led a minority equity investment in the company last year. Financeit, a cloud-based point-of-sale financing platform, said the latest funds raised was used in part to fund its previously-announced acquisition of TD Bank Group’s indirect home improvement financing assets. The money will also support the company's continued growth.
6 October 2016•3 mins read
