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Latest Financair News
Apr 7, 2021
Article content Harvest Builders, the Calgary-based venture studio created by SkipTheDishes co-founder Chris Simair, is adding two new fintech companies to its portfolio and has plans to expand into the downtown. Harvest, which was launched in late 2019 and aims to foster companies with “disruption potential,” is already a backer of Neo Financial. That fintech company specializes in user-friendly banking technology and products, and recently announced $50 million in Series A financing . From its office space in the East Village, Neo Financial has grown from 70 employees six months ago to 250 employees today and is actively hiring approximately 20 people per week. We apologize, but this video has failed to load. Try refreshing your browser, or Harvest Builders launches two new fintech companies; plans move into downtown Back to video Now, Harvest will launch two new companies working in the area of financial technology. OneWealth aims to provide Canadians with access to low-cost and alternative investment solutions through a personalized and user-friendly platform. The second company will be called Propra and will offer an end-to-end property management solution focused on improving the rental management process for both landlords and tenants. Advertisement Article content OneWealth is co-founded by Nathan Di Lucca, a former software development manager at Calgary-based tech company Kudos, and Jakob Pizzera, a former Shopify senior executive who will relocate to Calgary from Toronto for this new venture. Propra is being founded by Calgary local Al-Karim Khimji and Craig Adam, a former director of technology at SkipTheDishes who will be relocating to Calgary from Winnipeg. Article content Simair — who himself relocated to Calgary from Winnipeg after selling SkipTheDishes for $200 million in 2016 — said in an interview that the latest developments are proof that Calgary has the ability to attract top tech talent, especially as it continues to develop what is known in the industry as an “ecosystem” (a network of investors, mentors, entrepreneurs and companies at different stages). Article content “Harvest’s role is to really augment and boost the local ecosystem of the Prairies, with a big focus on Calgary. We have a larger portfolio of companies we support, with a good dozen in Calgary,” Simair said. “But with this announcement we have a subset with a focus on fintech. They are companies we’re building in-house, in-studio, and we’re looking at ways to have each company benefit the other in a way that strengthens the overall portfolio.” Simair said he expects Propra and OneWealth to follow a similar growth trajectory to Neo Financial, with the two expected to hire up to 300 people between them over the next three years. To support these companies’ expansions, Simair said Harvest Builders is actively looking to acquire an additional 70,000 square feet of office space that will serve as the venture studio’s “downtown campus.” Advertisement Article content In a news release, Jobs Minister Doug Schweitzer praised Harvest Builders for creating hundreds of jobs in Alberta through the founding of Neo Financial and now OneWealth and Propra. “This work is critical to the diversification of our economy and accelerating the growth of our emerging tech sector,” Schweitzer said. Last year, Harvest Builders received a $4-million grant from the Opportunity Calgary Investment Fund , a $100-million fund created by city council in 2018 and administered by Calgary Economic Development. The goal of the fund is to support ventures that will create jobs, help diversify the economy and expand the property tax assessment base. firstname.lastname@example.org
Financair Frequently Asked Questions (FAQ)
What is Financair's latest funding round?
Financair's latest funding round is Acq - Fin - II.
Who are the investors of Financair?
Investors of Financair include GSO Capital, M Capital Partners and Poitou-Charentes.
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