Impak Finance nabs $1.1 mln from Anges Québec, other angels
Impak Finance, a Montréal-based social impact financial technology company, has raised $1.1 million in financing. The round was backed by Anges Québec, Anges Québec Capital and several private investors from Canada and France. Investors Claude Chagnon, Didier Kuhn, Michel Lozeau and Daniel Paillé have joined the board. Led by CEO Paul Allard, who co-founded the company in 2016, Impak is building an application and marketplace to facilitate and reward socially and environmentally responsible purchases from impact enterprises. Buyers who use Impact's application receive impak coins, a social impact digital currency.
14 August 2018•4 mins read
