B
Borrowell
Fintech · Toronto, Canada · Founded 2014
Makes borrowing fast, fair and friendly MoreLess
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.
Keywords: fintech, credit scores, financial products, Canada, credit education, loans, mortgages, credit cards, referral fees, financial tools.
Company overview
Borrowell company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2014
- Headquarters
- Toronto, Canada
- Employees
- 121
- Open positions
- 6
- Dealroom signal
- 75.5
- Investment activity
- 1 companies · latest Dec 2020
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Borrowell funding history
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 | ↗ |
| LATE VCOther financing | Feb 2021 | $18M | $73M | BDC Capital · Equitable Bank · Kensington Capital Partners · Portage Ventures | — |
| SERIES BOther financing | Jun 2019 | $15M | $60M | Silicon Valley Bank · Clocktower Technology Ventures · White Star Capital · Portage Ventures | — |
| SERIES AOther financing | Jul 2017 | $45M | $180M | Concentra Bank · White Star Capital · FirstOntario Credit Union · EQ Bank | — |
| SERIES AOther financing | Jul 2017 | FirstOntario Credit Union · Concentra Bank · Equitable Bank · White Star Capital | ↗ | ||
| DEBTDebt | Jun 2016 | Freycinet Ventures · Oakwest Corporation · Equitable Bank · Hedgewood | — | ||
| DEBTDebt | Feb 2016 | Equitable Bank · Oakwest Corporation · Power Financial Corporation · FirstOntario Credit Union | — | ||
| SEEDOther financing | Dec 2014 | Equitable Bank · Oakwest Corporation | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $20M | 0% | 121 |
| 2025 | $20M | 0% | 115 |
| 2024 | $20M | 0% | 114 |
| 2023 | $20M | 0% | 109 |
| 2022 | $20M | +32.4% | 129 |
| 2021 | $15M | +53.1% | — |
| 2020 | $9.7M | — | — |
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.
Hiring
Open positions at Borrowell
Current openings linked to this company in Dealroom.
Comparisons
Borrowell compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
Borrowell investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Borrowell's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Borrowell has talent and traffic
team presence
In the news
Latest news about Borrowell
Recent press, funding announcements, and product moves mentioning Borrowell — open to read from the original sources.
Market sentiment
What the market is saying about Borrowell
An AI-synthesized read of the highest-engagement posts about Borrowell on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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