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Borrowell to acquire Refresh Financial

Borrowell to acquire Refresh Financial
Toronto-based FinTech startup Borrowell is set to acquire Refresh Financial, a fellow Canadian company offering financial products that allow customers to access forms of credit.
Borrowell offers a variety of financial services for individuals, spanning credit monitoring and cards, personal loans, mortgages, investing, insurance, and banking. According to the startup, its acquisition of Refresh doubles its size in terms of revenue and employees. While the terms of the deal were not disclosed, the transaction is expected to close in the first quarter of 2021.
According to the startup, its acquisition of Refresh doubles its size in terms of revenue and employees.

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