COMPANY PROFILE

Snap Financial

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Providing turnkey and custom financing programs to SMEs

Toronto, CanadaFounded 2006Fintech

Valuation $500M–1B Last recorded · 2020

Headcount <100 Current team size

Total funding $50–100M Disclosed equity funding

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About Snap Financial

Snap Financial provides innovative financing solutions for homeowners through an extensive dealer network across the United States and Canada. The company primarily serves the HVAC (heating, ventilation, and air conditioning), plumbing, water treatment, roofing, and door window industries. By partnering with dealers in these sectors, Snap Financial enables homeowners to access financing options that make essential home improvements more affordable.

Snap Financial operates in the home improvement financing market, targeting homeowners who need financial assistance for various projects. The business model revolves around collaborating with industry partners to offer tailored financing plans that meet the specific needs of their customers. This approach not only helps homeowners manage the costs of their projects but also supports dealers in closing more sales by providing attractive payment options.

Revenue is generated through interest on the financing plans provided to homeowners, as well as potential fees associated with the financing services. By ensuring that their partners stay at the forefront of how their industry presents and takes payments, Snap Financial maintains a competitive edge in the market.

MoreLess Source: Dealroom company data

At a glance

Status: Acquired
Founded: 2006
Headquarters: Toronto, Canada
Employees: 45
Open positions: None listed
Dealroom signal: 28.0/100
Industry: Fintech
Sub-industry: Mortgages & Lending, Payments
Sector: Fintech, Point of Sale, SME, Insurtech Related, Consumer Lending
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ACQUISITIONOther financing	Jun 2023	$0	—	Financeit	↗
ACQUISITIONOther financing	Oct 2020	$511M	$511M	Simply Green	—

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Growth signals

Snap Financial website traffic

Latest recorded traffic for Snap Financial is 1.2K monthly website visits, up 37.9% over the last three months. Snap Financial's team grew 0% over the past year.

Latest monthly visits1.2K 3-month web change+37.9% 1-year team growth0%

Monthly website visitsJun 2015–Jul 2026

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