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Financeit
Fintech · Toronto, Canada · Founded 2007
Offer your customers flexible monthly payment plans with Financeit, and grow your business. MoreLess
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.
Keywords: financing solutions, payment plans, retail, e-commerce, enterprise businesses, big box retailers, OEMs, dealer networks, promotional interest rates, deferred payments.
Company overview
Financeit company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2007
- Headquarters
- Toronto, Canada
- Employees
- 333
- Open positions
- 19
- Dealroom signal
- 65.0
- Investment activity
- 3 companies · latest Jun 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Financeit 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 | ↗ |
| BUYOUT✓Exit | Feb 2022 | $0 | — | Wafra | ↗ |
| ACQUISITION✓Exit | Dec 2017 | $0 | — | Goldman Sachs | — |
| LATE VC✓Equity / VC | Oct 2016 | $17M | $68M | DNS Capital · The Pritzker Organization | — |
| SERIES B✓Equity / VC | Oct 2015 | Undisclosed | — | ||
| DEBT✓Debt | Nov 2014 | Undisclosed | — | ||
| SERIES A✓Equity / VC | Nov 2013 | TTV Capital · FinSight Ventures · Second City Capital Partners · IA Capital Group | — | ||
| ANGEL✓Equity / VC | May 2012 | Undisclosed | — | ||
| ANGEL✓Equity / VC | Feb 2010 | Undisclosed | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 330 |
| 2025 | 339 |
| 2024 | 331 |
| 2023 | 249 |
| 2022 | 249 |
| 2021 | 249 |
| 2020 | 230 |
Growth signals
Financeit website traffic
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.
Hiring
Open positions at Financeit
Current openings linked to this company in Dealroom.
Comparisons
Financeit compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
Financeit 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
→
Talent graph
Financeit's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Financeit has talent and traffic
team presence
In the news
Latest news about Financeit
Recent press, funding announcements, and product moves mentioning Financeit — open to read from the original sources.
Market sentiment
What the market is saying about Financeit
An AI-synthesized read of the highest-engagement posts about Financeit on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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