What do wonders of the world, deadly sins, the Harry Potter series, and Financeit’s funding have in common? They all come in sets of seven (at least for now).
Financeit’s seventh round of funding comes from BEST Funds, which is adding an undisclosed amount to the $21.4 million Financeit has raised since its 2007 launch.
Previous rounds include $13 million in November 2013, along with $8.4 million in angel funding received in five rounds from 2007 to 2012.
The new installment comes a few months after the Toronto-based company launched its point of sale financing solution in the United States. This is no small feat, given the hurdles of complying with U.S. regulations. Financeit plans to use the funds to expand growth in the new market.