Merchant Growth
Small business financing provider
- 21-100 employees
- Fintech
- Credit Scoring
- B2B
- Lending
- Gastown, Vancouver, BC
Jump to section
Company mission
To provide the most convenient financing experience to business owners.
Our take
Small business financing has become a top priority for many of the world’s global economies. Merchant Growth provides credit solutions for small businesses in Canada, providing an automated credit adjudication engine and an easy-to-use interface for small business owners
The company has become one of the fastest-growing lending outfits in Canada, and has continuously added to its offerings. This includes rolling out a B2B Buy Now Pay Later product, as well as acquiring Lendified (a Canadian small business financier) in 2023 to expand its customer base.
The biggest risk for Merchant Growth in this enterprise will be regulatory. While they have a serious technological advantage, authorities are sceptical about the impacts of such easy access to credit and may crack down on fintechs like these in the medium-term.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Education and learning benefits
- On-site fitness facility
- Monthly team events
- A collaborative team environment
- Company-wide lunch and learns
- A remote workplace with an option to work in the office
- Comprehensive group health benefits (Life, AD&D, extended health & dental and travel insurance)
- Flexible work schedule
Funding (1 round)
Oct 2021
$3m
SERIES A
Total funding: $3m
Leadership
David Gens
(Founder & CEO)Previously, they were a partner with GBA Equity Partners, a Vancouver-based small to mid-market private equity firm. Also is a UBC business grad.