F
Financeit
Offer your customers flexible monthly payment plans with Financeit, and grow your business.
About Financeit
Financeit is a financial technology company that provides flexible and mobile-friendly financing solutions to businesses, enabling them to offer their customers customizable payment plans for projects and purchases up to $100,000. Operating primarily in the retail and e-commerce markets, Financeit serves a diverse range of clients including enterprise businesses, big box retailers, OEMs, and dealer networks. The company partners with over 8,000 businesses and has processed more than $5 billion in loan applications. Financeit’s business model revolves around facilitating sales growth for its clients by offering promotional interest rates and deferred payment options, thereby making large purchases more accessible to consumers. The company generates revenue through interest rates and fees associated with the financing plans it provides. Financeit’s user-friendly online portal and dedicated support team ensure a seamless experience for both businesses and their customers.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2007
- Headquarters
- Toronto, Canada
- Employees
- 333
- Open positions
- 19
- Dealroom signal
- 65.0/100
- Industry
- Fintech
- Sub-industry
- Payments
- Sector
- Fintech
- Client focus
- b2c
- Investment activity
- 3 companies, latest Jun 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBT✓Debt | Jun 2026 | $147M | — | BMO Capital Markets · CIBC Capital Markets · Goldman Sachs | ↗ |
| DEBT✓Debt | Jun 2024 | $367M | — | Canadian Imperial Bank of Commerce · Concentra Bank | ↗ |
Growth signals
Latest recorded traffic for Financeit is 38K monthly website visits, up 15.2% over the last three months. Financeit's team declined 1.8% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Simply Group FinancialWarwick, United States
→
Snap FinancialToronto, CanadaProviding turnkey and custom financing programs to SMEs
$511Mvaluation
CentahVaughan, CanadaUnique solutions and strategies to participants in the home services industry
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
TTV Capital
FinSight Ventures
Second City Capital Partners
IA Capital Group
FIS
Series B and later8 investors entered at this stage
DNS Capital
The Pritzker Organization
Wafra
Canadian Imperial Bank of Commerce
Concentra Bank
BMO Capital Markets
CIBC Capital Markets
Goldman Sachs
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Financeit on X, ranked by likes and reposts, corporate channels excluded.
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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