Insights

Expansive Partner Network Financeit has a wide network of partners in various sectors like home improvement, recreational vehicles, and retail businesses. Leveraging these partnerships can open up new sales opportunities by offering financing solutions to customers of partner businesses.

Launch of OPTIMUS Financing Program The recent launch of the OPTIMUS Financing program in Canada presents a fresh avenue for sales growth. Sales development representatives can capitalize on this program to reach out to customers seeking affordable financing options for big purchases, driving higher sales conversion rates.

Strategic Partnerships with Industry Leaders Financeit's strategic partnerships with leading companies like Marqeta, Zebraroofing, and Softub Canada indicate strong credibility and industry recognition. Utilizing these partnerships can help sales teams establish trust with potential customers and tap into new markets for growth.

Acquisition Strategy for Market Expansion Financeit's acquisition of companies like Simply Group Financial and EcoHome Financial signifies a proactive strategy for market expansion. Business development professionals can leverage the expanded portfolio and customer base from these acquisitions to drive sales growth and increase market share.

Robust Revenue and Funding Base With revenue ranging between $50-100 million and significant funding of $365 million, Financeit exhibits financial stability and growth potential. Sales development representatives can use this financial strength as a selling point to instill confidence in potential clients and secure larger deals.

Financeit Tech Stack

Financeit uses 8 technology products and services including Linkedin Ads, UiPath, InVision, and more. Explore Financeit's tech stack below.

  • Linkedin Ads
    Advertising
  • UiPath
    Business Process Management
  • InVision
    Cad & Graphics
  • Jenkins
    Continuous Integration
  • Salesforce
    Customer Relationship Management
  • Microsoft Excel
    Editors
  • Cisco
    Network Hardware
  • Adobe Tag Manager
    Tag Management

Media & News

Financeit's Email Address Formats

Financeit uses at least 1 format(s):
Financeit Email FormatsExamplePercentage
FLast@financeit.ioJDoe@financeit.io
95%
First@financeit.ioJohn@financeit.io
4%
FMLast@financeit.ioJMDoe@financeit.io
1%

Frequently Asked Questions

Where is Financeit's headquarters located?

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Financeit's main headquarters is located at 8 Spadina Avenue Suite 2400 Toronto, Ontario M5V 0S8 CA. The company has employees across 6 continents, including North AmericaEuropeAsia.

What is Financeit's phone number?

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You can contact Financeit's main corporate office by phone at +1-416-646-2177. For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Financeit's official website and social media links?

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Financeit's official website is financeit.io and has social profiles on LinkedIn.

How much revenue does Financeit generate?

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As of August 2024, Financeit's annual revenue reached $75M.

What is Financeit's NAICS code?

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Financeit's NAICS code is 52 - Finance and Insurance.

How many employees does Financeit have currently?

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As of August 2024, Financeit has approximately 315 employees across 6 continents, including North AmericaEuropeAsia. Key team members include Chief Executive Officer: C. W.Chief Operating Officer: J. P.Chief Technology Officer: L. Z.. Explore Financeit's employee directory with LeadIQ.

What industry does Financeit belong to?

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Financeit operates in the Financial Services industry.

What technology does Financeit use?

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Financeit's tech stack includes Linkedin AdsUiPathInVisionJenkinsSalesforceMicrosoft ExcelCiscoAdobe Tag Manager.

What is Financeit's email format?

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Financeit's email format typically follows the pattern of . Find more Financeit email formats with LeadIQ.

How much funding has Financeit raised to date?

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As of August 2024, Financeit has raised $365M in funding. The last funding round occurred on Jun 17, 2024 for $365M.

When was Financeit founded?

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Financeit was founded in 2011.
Financeit

Financeit

Financial ServicesOntario, Canada201-500 Employees

FinanceIt Canada Inc. ("Financeit") is one of Canada’s leading point-of-sale financing providers that serves over 10,000 home improvement, recreational vehicle, and retail businesses. Our platform helps businesses of any size close more sales by offering customers affordable monthly payment options for their next big home improvement purchase. By partnering with leading OEMs, distributors and associations, we offer exclusive pricing, promotions and networking opportunities. 

Financeit was founded in 2011 and is based in Toronto, Canada. The company was amalgamated with Simply Group Financial Corp., SNAP Home Finance Corp., and certain assets of EcoHome Financial on October 5, 2023.

Section iconCompany Overview

Headquarters
8 Spadina Avenue Suite 2400 Toronto, Ontario M5V 0S8 CA
Phone number
+1-416-646-2177
NAICS Code
52 - Finance and Insurance
Founded
2011
Employees
201-500

Section iconFunding & Financials

  • $365M

    Financeit has raised a total of $365M of funding over 10 rounds. Their latest funding round was raised on Jun 17, 2024 in the amount of $365M.

  • $50M$100M

    Financeit's revenue is in the range of $50M$100M

Section iconFunding & Financials

  • $365M

    Financeit has raised a total of $365M of funding over 10 rounds. Their latest funding round was raised on Jun 17, 2024 in the amount of $365M.

  • $50M$100M

    Financeit's revenue is in the range of $50M$100M

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