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Corporation
INTERNET | Internet Software & Services / Accounting & Finance
financeit.io

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Founded Year

2011

Stage

Corporate Majority | Acquired

Total Raised

$291.4M

About FinanceIt

FinanceIt is a cloud-based platform that makes it easy for businesses to offer powerful financing options to their customers from any device. The company provides financing solutions that traditionally were only available to big box retailers through a safe and secure platform. The Financeit model is based on fairness, transparency, and ease-of-use, with no hidden fees or backdated interest charges, with interest rates lower than most credit cards.

FinanceIt Headquarter Location

296 Richmond Street West Suite 500

Toronto, Ontario, M5V 1X2,

Canada

888-536-3025

Latest FinanceIt News

Financeit Selected as ClimateCare's Preferred Financing Vendor

Feb 11, 2021

News provided by Share this article Canadian fintech announces new addition to growing client portfolio TORONTO, Feb. 11, 2021 /CNW/ - Financeit, Canada's leading point-of-sale ("POS") financing provider in the home improvement sector, is pleased to announce its appointment as the preferred financing vendor for ClimateCare –Canada's largest network of independent heating, ventilation, and air conditioning (HVAC) systems contractors. As a leader and pioneer in the HVAC industry since 1992, ClimateCare is a network of local businesses spread across Ontario which provides installation, maintenance, and repair services for heating, air conditioning, indoor air improvement and water heater and conditioning products. "We're beyond thrilled to partner with an industry pioneer and trusted leader in the home improvement space," says Casper Wong, COO, GM, and Co-Founder of Financeit. "ClimateCare's commitment to supporting local and high standard of service made them the perfect partner – we're delighted to help them support their merchants and consumers." "As a locally run business dedicated to delivering exceptional service, it was essential to find a partner with similar company values and dedication to a high standard of service," says Glenn Mellors, Director of Operations at ClimateCare. "We are in the business of supporting our local economy – to achieve that, it was important to carefully select a technology forward provider that offered a fast, transparent application process and made it easy for our merchants to increase close rates while offering our consumers with affordable payment plans, especially during this critical time." The strategic partnership will allow ClimateCare to use Financeit's innovative cloud-based POS platform along with service integrations with platforms such as ServiceTitan to achieve customer success and revenue growth. In addition, ClimateCare has selected Financeit to support its new program, CLARITY. The monthly all-inclusive subscription program allows homeowners to affordably purchase items such as a furnace or air conditioner while enjoying hassle-free repairs and regularly scheduled maintenance at no additional cost. The program boasts a 12-year parts and labour warranty. About Financeit Financeit is a market-leading point-of-sale financing provider servicing the home improvement, vehicle and retail industries. Financeit's innovative cloud-based technology makes it easy for merchants to increase close rates and transaction sizes with affordable monthly or bi-weekly payment plans. The Financeit platform features a fast, transparent application process and has serviced over 9,000 merchant partners across Canada, with over $1 billion in assets under management. About ClimateCare ClimateCare is Canada's largest network of independent heating, ventilation and air conditioning (HVAC) systems contractors. The network includes local businesses spread across Ontario and dedicated to delivering on the high standards associated with the ClimateCare name. SOURCE Financeit

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Expert Collections containing FinanceIt

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

FinanceIt is included in 5 Expert Collections, including In-Store Retail Tech.

I

In-Store Retail Tech

1,296 items

Startups aiming to work with retailers to improve brick-and-mortar retail operations.

F

Fintech 250

248 items

D

Digital Lending

1,122 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

P

Payments

1,483 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

10,749 items

Excludes US-based companies

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