COMPANY PROFILE

Borrowell

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Makes borrowing fast, fair and friendly

Toronto, CanadaFounded 2014Fintech

Valuation $50–100M Last recorded · 2021

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About Borrowell

Borrowell is a Canadian fintech company that provides free credit scores and personalized financial product recommendations. The company serves individual consumers in Canada, helping them make informed financial decisions by comparing products from over 50 financial institutions. Borrowell operates in the financial services market, focusing on credit education and financial product comparison. Its business model is based on analyzing users' credit profiles to suggest suitable financial products, earning referral fees from partners when users take up these recommendations. Borrowell also offers tools and tips to help users manage their credit and achieve their financial goals.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2014
Headquarters: Toronto, Canada
Employees: 121
Open positions: 6
Dealroom signal: 75.5/100
Industry: Fintech
Sub-industry: Mortgages & Lending, Financial Management Solutions
Sector: Fintech, Risk Management, Personal Finance, Credit Scoring, Mortgage, Credit Card, Consumer Lending, financial inclusion
Business model: Marketplace & ecommerce
Client focus: b2c
Investment activity: 1 company, latest Dec 2020
Capital deployed: —
Preferred round: ACQUISITION
Links: Website LinkedIn X

Knowledge graph

News, research, reports and resources connected to this company by Dealroom

Funding history

9 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VCOther financing	Aug 2023	$0	—	Kensington Capital Partners	—
DEBTDebt	Jan 2022	$0	—	Undisclosed	↗

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022
2021
2020		—

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Growth signals

Borrowell website traffic

Latest recorded traffic for Borrowell is 2.4M monthly website visits, up 4.3% over the last three months. Borrowell's team grew 5.2% over the past year.

Latest monthly visits2.4M 3-month web change+4.3% 1-year team growth+5.2%

Monthly website visitsJun 2015–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Data AnalystToronto, Ontario, Canada · Data Science & Engineering · Sep 6, 2026 Lifecycle Marketing ManagerToronto, Ontario, Canada, Northern America, Americas · Marketing & Communication · Aug 26, 2026 Email Marketing Specialist (Temporary 6-Month Contract)Toronto, Ontario, Canada · Marketing & Communication · Jun 27, 2026 Data ScientistToronto, Ontario, Canada · Data Science & Engineering · Jun 13, 2026 Sr. Partnerships Manager (12 month leave coverage)Toronto, Ontario, Canada · Other · Jun 13, 2026

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Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Company	Headquarters	Status	Employees	Total funding	Valuation
ECElevate CreditTheir innovative online credit solutions provide immediate relief to customers today and help them build a brighter financial future	Fort Worth, United States	Acquired	429	—	$563M
KGKredivo GroupBuilding the future of financial services that are fast, cheap and widely accessible, wrapped into a beautiful UX	Jakarta, Indonesia	Operational
CSCredit SesameFull-lifecycle credit management service that helps consumers achieve financial wellness	Mountain View, United States	Operational
SFSalary FinanceProvides loans to employees with repayments collected from salary deductions and helps to get people out of debt and into saving	London, United Kingdom	Acquired
TITiltMobile app that makes managing your money the easiest thing in the world	San Francisco, United States	Operational
TOTomoCreditHelps millennials get the credit cards they deserve by analyzing alternative data sets	San Francisco, United States	Operational
DEDeserveOffers fair credit products for young people and a cloud-based credit card platform for businesses	Palo Alto, United States	Acquired
PAPaisabazaarOnline platform for comparing and applying for loans, insurance & other investment instruments	Gurugram, India	Operational