Fintech startup Ratehub nets $12 mln in Elephant-led Series A

Toronto-based financial technology startup Ratehub Inc has raised $12 million in a Series A financing. The round was led by Elephant, a U.S. venture capital firm, and joined by Simon Nixon, co-founder of U.K.-based MoneySuperMarket. As a result, Elephant General Partner Jeremiah Daly has joined the board. Founded in 2010 by Alyssa Furtado and James Laird, Ratehub owns and operates Ratehub.ca, a financial product comparison site, and CanWise Financial, a national mortgage brokerage. The company will use the funds raised to build a digital platform for the mortgage process and invest in insurance policy comparison tools.

15 January 2018•3 mins read
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