FinovateFall 2013 / FinanceIt
Presenter Profile:
How they describe themselves: FinanceIt allows businesses to offer consumer financing to their customers at the point of sale with any device.
How they describe their product/innovation: FinanceIt iPad App with ID scan instant approvals and borrower facing online application form that merchant Partners can embed anywhere.
Contacts:
Bus. Dev., Press, & Sales: Casper Wong, COO, casper@communitylend.com
Website: financeit.ca
Blog: financeit.ca/blog
HQ Location: Toronto, ON, Canada
Founded: January 2011
Product Demoed: FinanceIt
Product Launch: January 2011
Metrics: FinanceIt has over 2,500 merchant partners who have processed over $400M in loan volume since launch. There are currently 40 employees and we have raised $8M. We are closing a $10M to $13M US expansion round this year.
Presenter(s): Michael Garrity (CEO),
Casper Wong (COO),
Paul Sehr (CTO)
- Key Executives
Michael Garrity (CEO), Casper Wong (COO), & Paul Sehr (CTO)
Key Stats
- Key Board Members
Bill Cilluffo (President International Business, Capital One), Richard Kostoff (Principal, Templar Investments & Former Deputy Chair, TD Securities), Colin Evans (Founder & Managing Partner, Sandwith Ventures & Co-Founder, StubHub), Donald Wright (President & CEO, The Winnington Capital Group & Former Deputy Chairman, TD Bank Financial Group), John Prato, CFA (Consul General of Canada, New York & Former Managing Director, Equity Capital Markets), & Andrew Durnford (Principal, White Point Capital & Former Senior VP Personal & Indirect Lending, TD Bank Group)
- Key Advisory Board Members
Bill Cilluffo (President International Business, Capital One), Richard Kostoff (Principal, Templar Investments & Former Deputy Chair, TD Securities), Colin Evans (Founder & Managing Partner, Sandwith Ventures & Co-Founder, StubHub), Donald Wright (President & CEO, The Winnington Capital Group & Former Deputy Chairman, TD Bank Financial Group), John Prato, CFA (Consul General of Canada, New York & Former Managing Director, Equity Capital Markets), & Andrew Durnford (Principal, White Point Capital & Former Senior VP Personal & Indirect Lending, TD Bank Group)
- Key Partnerships
SEO, SEM, Trade Advertising, Partnerships, Sales, Business Development, & PR