Borrowell raises $25-million funding round, closes Refresh acquisition Despite the deep bench of investors and a rush of IPOs in the sector, Borrowell doesn’t feel pressure to go public any time soon
Author of the article: Catherine McIntyre, The Logic
Publishing date: Feb 22, 2021 • 2 days ago • 4 minute read • Andrew Graham, co-founder and CEO of Borrowell, at the company s offices in 2016. Photo by Peter J. Thompson/National Post files
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Toronto-based fintech company Borrowell has raised $25 million in equity from a slate of new and existing investors in a deal to secure its acquisition of Refresh, a Kelowna, B.C.-based firm that helps customers improve their credit ratings.