Borrowell raises $25 million to fund acquisition of Refresh Financial
Borrowell raises $25 million to fund acquisition of Refresh Financial Borrowell has secured $25 million CAD to support its recently closed acquisition of Refresh Financial and overall growth, as financial institutions return their focus to customer acquisition following the fallout of COVID-19. The all-equity financing included a number of new investors for Borrowell, such as Kensington Capital Partners, BDC Capital, iA Financial Group and Impact Engine, a Chicago-based social impact-focused investment fund. Existing investors Portag3 Ventures, White Star Capital, NAventures (...
Source: betakit.com