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Borrowell
Credit scoring, reporting, and financial education service
- 101-200 employees
- Fintech
- B2C
- Credit Scoring
- B2B
- Personal finance
- Downtown Yonge East, Toronto, ON
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Company mission
To make financial prosperity possible for everyone by providing access to credit education, innovative digital tools, and personalized experiences.
Few candidates hear
back within 2 weeks
-27% employee growth in 12 months
Our take
The world of personal finance has always been difficult to navigate, but the enormous range of digital Fintech products and services available these days has made it more challenging. There are hundreds of businesses providing loans, credit cards, mortgages, insurance, and banking services, and it is difficult to know which ones to choose without education and a credit check.
Borrowell provides a free credit scoring and financial education service, providing Canadians with a free weekly credit score and helping them to choose appropriate financial services. This is achieved through offering free tips and financial education content before recommending relevant companies, helping users to find the financial tools they need whilst connecting fintech companies with new customers.
The oversaturation of companies in the fintech industry makes finding the right financial tools overwhelming, and therefore Borrowell’s approach of advising users on finding the right services is a smart one. By offering the credit checking and product recommendation service for free, the company encourages Canadian citizens to be smart with their money whilst helping companies acquire new customers.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- The Opportunity - join and have a major impact at a growing company that is helping make financial stability possible for everybody
- Wellness & Transit Benefit - $600 annually to spend on a gym membership, daycare, petcare, etc
- Maternity & Parental Leave Top-up - available to new parents
- Givewell Benefit - 1 paid volunteer day a year to give back to the community
- Flexibility - flexible working hours and a flexible vacation policy
- Comprehensive Health Benefits - medical, dental, vision, and paramedical health benefits for you and your family
- Additional Health Benefits - virtual benefit offering that allows you to connect with nurses, doctors and mental health professionals
Company values
- Member Obsession
- Ownership
- Ambition
- Integrity
- Impact
- Courage
- Curiosity
- Teamwork
- Inclusivity
- Optimism
Funding (last 2 of 4 rounds)
Feb 2021
$17.9m
LATE VC
Jun 2019
$14.9m
SERIES B
Total funding: $95.2m
This company has top investors
Leadership
Andrew Graham
(CEO)Experienced as a Senior Director of Insurance for President's Choice Financial. Currently an Advisory Board Member at McMaster University and a Board Member at Fintech Canada.
Eva Wong
(COO)Experienced as a Senior Manager of Global Business Development for Maple Leaf Foods Inc. Also served as the Regional Lead for The Meeting House from 2009 to 2014.
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