Radar · Alternative Lending in Ontario
Best Alternative Lending Companies in Ontario, Canada
The 139 best Alternative Lending companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Pineapple.
By Rohit KhannaTrends & Stories
139companies tracked
$3Bdisclosed funding
1unicorns
49have raised
Ranked: Best Alternative Lending companies in Ontario
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Pineapple Online platform for residential mortgages 42Funding top 27%Tech top 38%Growth top 50%Market bottom 46% All 7 signals ▾Fundingtop 27% Techtop 38% Growthtop 50% Marketbottom 46% Moatbottom 38% Fin. healthbottom 36% Globalbottom 32% Funding: Raised $1.2B across 3 rounds · 3 rounds over 5 yrs (0.6/yr) Tech: 34 technologies across 5/8 capability areas · Cloud: Cloudflare, Netlify rank vs industry peers · Fliar Intelligence Index 42/100 | $1.2B | 9 mo ago | 259 | 2016 | — | SanityApple iCloud MailGoogle Workspace+19 | 1 job opening |
| 2 | Clearco 🦄 Revenue-based financing solution 76Funding top 20%Product top 25%Moat top 26%Innovation top 28% All 10 signals ▾Fundingtop 20% Producttop 25% Moattop 26% Innovationtop 28% Newstop 34% Markettop 35% Growthtop 40% Techtop 41% Globaltop 42% Talentbottom 49% Funding: Raised $905M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) Product: 4 product launch events in 12 mo, 1 the year before · Company stage: Series D rank vs industry peers · Fliar Intelligence Index 76/100 | $905M | 32 mo ago | 315 | 2015 | Michele Romanow Co-Founder & Executive Chairman | Webflow EcommerceWebflowSalesforce+28 | — |
| 3 | Quad-Fi Online lending solution for students to provide education financing 11Funding top 33%Talent bottom 49%Global bottom 37%Market bottom 15% All 4 signals ▾Fundingtop 33% Talentbottom 49% Globalbottom 37% Marketbottom 15% Funding: Raised $121M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 11/100 | $121M | 33 mo ago | 13 | 2018 | Mo Nikjoo Co-Founder & CEO | — | — |
| 4 | Ledn Blockchain-based & crypto-backed lending platform 57Funding top 25%Moat top 28%Tech top 29%Growth top 35% All 9 signals ▾Fundingtop 25% Moattop 28% Techtop 29% Growthtop 35% Producttop 46% Newsbottom 46% Marketbottom 42% Customersbottom 40% Globalbottom 38% Funding: Raised $104M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) Moat: Editorial + unicorn rating 8/10 · Soonicorn rank vs industry peers · Fliar Intelligence Index 57/100 | $104M | 7 mo ago | 54 | 2018 | — | SentryZendeskApple iCloud Mail+31 | — |
| 5 | Lendified Platform providing fixed rate working capital loans to small businesses | $101M | 75 mo ago | 11 | 2015 | — | — | — |
| 6 | BridgePoint Financial Services Litigation financing and risk management solutions for plaintiffs and lawyers | $99M | 75 mo ago | 40 | 2002 | John Rossos Co-Founder & Principal | Craft CMSPHPYii+24 | — |
| 7 | Properly Provider of end to end online brokerage services for buying and selling residential properties | $75M | 47 mo ago | 66 | 2018 | Anshul Ruparell Co-Founder & CEO | — | — |
| 8 | FundThrough Online platform for invoice financing focused on small businesses 53Funding top 30%Moat top 31%Growth top 33%Tech top 45% All 8 signals ▾Fundingtop 30% Moattop 31% Growthtop 33% Techtop 45% Talentbottom 49% Marketbottom 44% Globalbottom 36% Newsbottom 21% Funding: Raised $65.5M across 7 rounds · 7 rounds over 11 yrs (0.6/yr) Moat: Editorial + unicorn rating 8/10 · Soonicorn rank vs industry peers · Fliar Intelligence Index 53/100 | $66M | 13 mo ago | 100 | 2014 | Steven Uster Co-Founder | WordPressMySQLPHP+35 | 2 awards |
| 9 | Borrowell Provider of a credit monitoring and financial products comparison platform | $54M | 63 mo ago | 109 | 2014 | Eva Wong Co-Founder & Chief Operating Officer | HashnodeContentfulApple iCloud Mail+29 | — |
| 10 | OCM Investment management firm focused on auto industry | $40M | 59 mo ago | — | 2013 | Andrew Abraham Founder & CEO | — | — |
| 11 | Financeit Point-of-sale consumer financing solution | $36M | 102 mo ago | 255 | 2011 | Shawn Jeffrey Vice President | WordPressMySQLPHP+33 | — |
| 12 | PayBright Online marketplace for point-of-sale financing | $34M | 81 mo ago | 162 | 2009 | — | DatoCMSApple iCloud MailMicrosoft 365+23 | — |
| 13 | Tenet Computer Group Provider of auto financing solutions for buying electric vehicles 35Tech top 35%Talent top 38%Funding top 42%Fin. health bottom 49% All 7 signals ▾Techtop 35% Talenttop 38% Fundingtop 42% Fin. healthbottom 49% Globalbottom 45% Marketbottom 37% Growthbottom 25% Tech: 33 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $28M | 31 mo ago | 39 | 2021 | Andreas Wallendahl Co-Founder & CEO | ContentfulSentryApple iCloud Mail+25 | — |
| 14 | Pine Provider of an online marketplace to find home loans | $22M | 51 mo ago | 37 | 2021 | Jonathan Shih Co-founder | TurbopackApple iCloud MailGoogle Workspace+27 | — |
| 15 | Axis Auto Finance Provider of auto loans | $17M | 56 mo ago | 311 | 2013 | — | — | — |
| 16 | CORE Capital Group Provider of business loans and equipment financing | $16M | 69 mo ago | — | 2016 | David Sutherland Co-Founder | — | — |
| 17 | Flexiti Credit cards for POS financing to consumers | $15M | 54 mo ago | 418 | 2013 | — | TypeScriptIonicBootstrap+19 | — |
| 18 | RateHub Mortgage comparison platform | $12M | 101 mo ago | 180 | 2010 | — | Node.jsSalesforceReact+27 | — |
| 19 | Paperstack Provider of operation management solutions for e-commerce brands 14Talent top 38%Funding top 41%Tech bottom 42%Global bottom 37% All 5 signals ▾Talenttop 38% Fundingtop 41% Techbottom 42% Globalbottom 37% Marketbottom 15% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $6.7M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) rank vs industry peers · Fliar Intelligence Index 14/100 | $7M | 10 mo ago | 4 | 2021 | Vadim Lidich Co-Founder | Webflow EcommerceWebflowcore-js+10 | — |
| 20 | Uplinq Provider of API-based credit risk signals for banks and credit institutions | $5M | 40 mo ago | 16 | 2021 | Ron Benegbi Co-Founder & CEO | WordPressMySQLPHP+22 | 1 award |
| 21 | Bloom Online platform for home equity financing | $5M | 37 mo ago | 16 | 2020 | Ben McCabe Founder & CEO | WebflowApple iCloud MailMicrosoft 365+24 | — |
| 22 | Moves Developer of an online loan platform for gig economy | $5M | 48 mo ago | 45 | 2020 | — | WordPressMySQLPHP+14 | — |
| 23 | Perch Developer of an online platform for residential mortgages | $5M | 44 mo ago | 22 | 2018 | Alex Leduc Founder & CEO | WordPressApple iCloud MailGoogle Workspace+35 | — |
| 24 | Homewise Provider of online mortgage brokerage services | $3M | 64 mo ago | 28 | 2018 | Carlos Medeiros Cpa Co-Founder - COO | MUIEmotionReact+24 | 3 job openings · 1 partnership |
| 25 | Manzil Provider of financial products adhering to Islamic principles and guidelines | $3M | 48 mo ago | 29 | 2017 | Sam Holako Co-Founder / CPO / Principal Broker | EnvoyAmazon Web Servicescore-js+10 | — |
| 26 | Lending Loop Platform for online business loans | $2M | 106 mo ago | 9 | 2014 | — | WebflowUnbounceAmazon Web Services+21 | — |
| 27 | NetNow Provider of credit management platform for streamlined credit processes | $2M | 20 mo ago | 8 | 2023 | Nauman Hafeez Co-Founder & CEO | Framer SitesApple iCloud MailGoogle Workspace+17 | — |
| 28 | Clay Financial Provider of home equity access solutions without debt | $2M | 33 mo ago | — | 2023 | Johnny Henderson Co-Founder & CEO | WordPress Block EditorWordPressApple iCloud Mail+23 | — |
| 29 | Idea Financial Business lines of credit and invoice factoring solutions for SMEs 35Growth top 35%Tech top 50%Talent bottom 49%Funding bottom 41% All 7 signals ▾Growthtop 35% Techtop 50% Talentbottom 49% Fundingbottom 41% Productbottom 40% Globalbottom 36% Marketbottom 34% Growth: Fresh capital in last 24 mo Tech: 28 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 35/100 | $2M | 5 mo ago | 41 | 2011 | Larry Bassuk President & Co-Founder | WebflowSalesforceBootstrap+23 | — |
| 30 | Parachute Provider of a personal lending platform | $2M | 20 mo ago | 9 | 2021 | Bruce Hodges Co-Founder | WebflowAdRoll CMP SystemPriority Hints+15 | — |
| 31 | goPeer P2P marketplace for personal loans 37Tech top 28%Growth top 35%Talent top 38%Funding bottom 44% All 6 signals ▾Techtop 28% Growthtop 35% Talenttop 38% Fundingbottom 44% Globalbottom 37% Marketbottom 17% Tech: 41 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 37/100 | $975K | 13 mo ago | 9 | 2019 | Joseph Buaron Co-Founder and CTO | WordPressMySQLPHP+29 | — |
| 32 | Chexy Rent payment with credit builder solution for tenants 45Growth top 35%Tech top 35%Talent top 38%Funding top 42% All 9 signals ▾Growthtop 35% Techtop 35% Talenttop 38% Fundingtop 42% Moattop 48% Productbottom 48% Newsbottom 42% Globalbottom 37% Marketbottom 25% Growth: Fresh capital in last 24 mo Tech: 34 technologies across 5/8 capability areas · Cloud: Cloudflare, Vercel rank vs industry peers · Fliar Intelligence Index 45/100 | $974K | 2 mo ago | 10 | 2022 | Ben Gigone Co-Founder & CTO | TurbopackApple iCloud MailGoogle Workspace+23 | — |
| 33 | TruDecision Provider of AI data analytics services | $511K | 89 mo ago | — | 2017 | Daniel Parry Co-Founder | — | 1 partnership |
| 34 | Karoo Provider of a fintech solutions for lending management 53Talent top 35%Growth top 45%Funding top 49%Global bottom 48% All 5 signals ▾Talenttop 35% Growthtop 45% Fundingtop 49% Globalbottom 48% Techbottom 36% Talent: 3 named leaders on record Growth: Web rank 10,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 53/100 | $500K | 12 mo ago | — | 2024 | Hugo Markland Co-Founder | SentryApple iCloud MailBootstrap+7 | — |
| 35 | Breezeful Provider of mortgage brokerage firm | $150K | 75 mo ago | 8 | 2019 | Ade Labinjo Co-Founder | ReactReact RouterHeroku+10 | — |
| 36 | Contract Capital Provider of upfront funding by purchasing monthly contracted payment streams for MSPs | $150K | 120 mo ago | — | 2014 | Chris Kerr CEO | — | — |
Top 12 Alternative Lending companies in Ontario
#1
Public · Toronto, Ontario · founded 2016 · 259 employees$1.2Braised▾
Public · Toronto, Ontario · founded 2016 · 259 employees
Online platform for residential mortgages
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 27%Tech
top 38%Growth
top 50%Market
bottom 46%Moat
bottom 38%Fin. health
bottom 36%Funding: Raised $1.2B across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Post IPO (Sep 2025)
Tech: 34 technologies across 5/8 capability areas · Cloud: Cloudflare, Netlify · Devops: Nginx
Growth: Revenue +11% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 7k LinkedIn followers — 2.2% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Mortgage Agents & Brokers
Funding rounds
- Sep 2025Post IPO$72.3M
- Jul 2021Series A—
- May 2021Series A$9M
- 2020Conventional Debt$1.1B
Investors
Gravitas Securities
Tech stack
Apple Icloud MailCore-JsDocusignEmotionGodaddyGoogle Analytics
#2
Series B · Toronto, Ontario · founded 2018 · 54 employees$104.2Mraised▾
Series B · Toronto, Ontario · founded 2018 · 54 employees
Ledn is a blockchain-based &crypto-backed lending platform. Offers loans secured by Bitcoin. Provides a segregated wallet address allowing for real-time proof of reserves on-chain. Allows users to repay the loan in Dollars and Bitcoin. Uses the Coindesk Bitcoin price index to determine loan-to-value ratios for Ledn loans.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Funding
top 25%Moat
top 28%Tech
top 29%Growth
top 35%Product
top 46%News
bottom 46%Funding: Raised $104M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) · Last round Series B (Nov 2025)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 4 curated direct competitors tracked
Tech: 44 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Audience (LinkedIn): 29k LinkedIn followers — 9.3% of this cohort's audience
Funding rounds
- Nov 2025Series B—
- Aug 2024Conventional Debt$50M
- Dec 2021Series B$70M
- May 2021Series A$30M
Investors
Sygnum, 10T, GoldenTree, Raptor Group, FJ Labs, White Star Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesApple Icloud MailBootstrap
#3
Series B · Toronto, Ontario · founded 2014 · 100 employees$65.5Mraised▾
Series B · Toronto, Ontario · founded 2014 · 100 employees
Online platform for invoice financing focused on small businesses. They work with businesses that sell to established, credit-worthy companies. It provides small business owners better access to working capital by allowing them to leverage the credit strength of their customers. The business uploads the invoices that they want to be funded and once approved they receive access to the invoice as a line of credit.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Funding
top 30%Moat
top 31%Growth
top 33%Tech
top 45%Talent
bottom 49%Market
bottom 44%Funding: Raised $65.5M across 7 rounds · 7 rounds over 11 yrs (0.6/yr) · Last round Series B (Apr 2025)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 9 curated direct competitors tracked
Growth: 2 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
Audience (LinkedIn): 13k LinkedIn followers — 4.3% of this cohort's audience
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Apr 2025Series B$25M
- Oct 2020Series B$50M
- Jun 2018Series A$9M
- Jun 2018Conventional Debt$25M
Founders & team
Investors
ScaleUP Ventures, Klister Credit, OnWave Ventures, Hedgewood, Intercap, Real Ventures
Tech stack
CloudflareCloudflare Bot ManagementCore-JsElementorFacebook PixelFont Awesome
#4
Series A · Toronto, Ontario · founded 2022 · 10 employees$974.4Kraised▾
Series A · Toronto, Ontario · founded 2022 · 10 employees
Rent payment with credit builder solution for tenants. The company's platform allows tenants to send money online to their landlords, earn rewards, and built credit points and also facilitates the points to be redeemed in order to access exclusive membership perks and discounts.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Growth
top 35%Tech
top 35%Talent
top 38%Funding
top 42%Moat
top 48%Product
bottom 48%Growth: Fresh capital in last 24 mo
Tech: 34 technologies across 5/8 capability areas · Cloud: Cloudflare, Vercel · Observability: Datadog
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding rounds
- Mar 2026Series A$10.2M
- Jun 2024Seed$3M
- Feb 2023Seed$974.4K
- Jul 2022Seed—
Founders & team
Investors
Antler, Venrex, Crossbeam, GroundBreak Ventures, Ferst Capital Partners, Khosla Ventures
Tech stack
Apple Icloud MailApple Sign-InBranchClerkCloudflareCloudflare Bot Management
#5
Seed · Mississauga, Ontario · founded 2011 · 41 employees$1.5Mraised▾
Seed · Mississauga, Ontario · founded 2011 · 41 employees
Idea Financial is a fintech lending platform providing business lines of credit and factoring solutions to small and medium-sized businesses. Additionally, it plans to provide other unique product features to that of competitors that sets them apart from the marketplace. As of May'17, the platform is yet to be launched.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Growth
top 35%Tech
top 50%Talent
bottom 49%Funding
bottom 41%Product
bottom 40%Global
bottom 36%Growth: Fresh capital in last 24 mo
Tech: 28 technologies across 4/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Hsts
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
- Jan 2026Conventional Debt$20M
- Jul 2021Conventional Debt$84M
- Jun 2019Conventional Debt$70M
- Apr 2017Seed$1.5M
Founders & team
Investors
Cross River Bank, Synovus, Hudson Cove Capital Management, EverBank
Tech stack
BootstrapBrazeCdnjsCloudflareCloudflare Bot ManagementCore-Js
#6
Series A · Toronto, Ontario · founded 2021 · 4 employees$6.7Mraised▾
Series A · Toronto, Ontario · founded 2021 · 4 employees
Provider of operation management solutions for e-commerce brands. Its solutions include inventory management, advertising, finance payroll, and more.
Fliar Intelligence Index™ 14how this company ranks against its industry peers
Talent
top 38%Funding
top 41%Tech
bottom 42%Global
bottom 37%Market
bottom 15%Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $6.7M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Series A (Aug 2025)
Tech: 13 technologies across 4/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Hsts
Funding rounds
- Aug 2025Series A$3.6M
- Feb 2023Series A$6.7M
- Feb 2023Conventional Debt—
- Sep 2022Seed—
Founders & team
Investors
Techstars, Accelerator Centre, Google, ventureLAB
Tech stack
CloudflareCloudflare Bot ManagementCore-JsGoogle AnalyticsGoogle WorkspaceHsts
#7
Clearco 🦄Series D · Toronto, Ontario · founded 2015 · 315 employees$905Mraised▾
Clearco 🦄
Series D · Toronto, Ontario · founded 2015 · 315 employees
Revenue-based financing solution. It provides loans to businesses in return for a part or percentage of revenue generated by the business. It provides loans to eCommerce, SaaS, and more.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 20%Product
top 25%Moat
top 26%Innovation
top 28%News
top 34%Market
top 35%Funding: Raised $905M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) · Last round Series D (Oct 2023)
Product: 4 product launch events in 12 mo, 1 the year before · Company stage: Series D
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Audience (LinkedIn): 49k LinkedIn followers — 15.8% of this cohort's audience
Funding rounds
- Oct 2023Series D$60M
- Oct 2022Series C$230M
- Jul 2021Conventional Debt—
- Jul 2021Series C$215M
Founders & team
Investors
Inovia Capital, Founders Circle Capital, Kensington Capital Partners, SoftBank, SoftBank Vision Fund, Bow Capital
Tech stack
Adobe Audience ManagerAuraBootstrapCloudflareCloudflare Bot ManagementCore-Js
#8
Seed · Toronto, Ontario · founded 2019 · 9 employees$975.4Kraised▾
Seed · Toronto, Ontario · founded 2019 · 9 employees
P2P marketplace for personal loans. Users must provide personal details and basic information for the registration process. It enables users to prepay the loan. Investors have access to credit risk metrics for investing purposes. Repayment is done by direct debit from the user's account. It also provides investors with an auto investment portfolio.
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Tech
top 28%Growth
top 35%Talent
top 38%Funding
bottom 44%Global
bottom 37%Market
bottom 17%Tech: 41 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Growth: Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
- May 2025Seed$441.2K
- Apr 2025Seed$373.2K
- Apr 2025Seed$709.4K
- Apr 2025Seed$365.8K
Founders & team
Investors
Bulldog Capital Partners, Random Occurrence, Ontario Centre of Innovation, ventureLAB
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesBootstrapCloudflareCloudflare Bot Management
#9
Funding Raised · Toronto, Ontario · founded 2018 · 13 employees$120.7Mraised▾
Funding Raised · Toronto, Ontario · founded 2018 · 13 employees
An online lending solution for students to provide education financing. It offers student loans with suitable terms & rates and refinancing solutions to clear off student's previous debts & reduce monthly payments. It provides an interest discount on student loans based on standing educational merit and payment history. It offers different terms and rates by conducting a soft credit score check of an individual.
Fliar Intelligence Index™ 11how this company ranks against its industry peers
Funding
top 33%Talent
bottom 49%Global
bottom 37%Market
bottom 15%Funding: Raised $121M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Conventional Debt (Sep 2023)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Investors from 1 country beyond Canada
Funding rounds
- Sep 2023Conventional Debt$20M
- Apr 2022Conventional Debt$100.7M
Founders & team
Investors
CWB Maxium Financial, Crayhill, VentureOut
#10
Seed · Etobicoke, Ontario · founded 2024$500Kraised▾
Seed · Etobicoke, Ontario · founded 2024
Provider of a fintech solutions for lending management. It provides users with a company that offers finance solutions to individuals, simplifying the loan process and providing a customer-centric approach. The company's mission is to make lending good, with a focus on ease of use and transparency.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Talent
top 35%Growth
top 45%Funding
top 49%Global
bottom 48%Tech
bottom 36%Talent: 3 named leaders on record
Growth: Web rank 10,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo
Funding: Raised $500k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (2025)
Funding rounds
- 2025Seed$500K
Founders & team
Investors
Y Combinator
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailBootstrapHtmxLit-Element
#11
Series A · Toronto, Ontario · founded 2021 · 39 employees$28Mraised▾
Series A · Toronto, Ontario · founded 2021 · 39 employees
Provider of auto financing solutions for buying electric vehicles. The platform enables users to take financing for buying electric vehicles and claims to achieve the climate goals.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Tech
top 35%Talent
top 38%Funding
top 42%Fin. health
bottom 49%Global
bottom 45%Market
bottom 37%Tech: 33 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Logrocket, Sentry
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $28.0M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Series A (Nov 2023)
Funding rounds
- Nov 2023Series A$10M
- Nov 2022Conventional Debt$25M
- Jul 2022Seed$18M
- 2021Seed—
Founders & team
Investors
Humancapitalonline, Giant Ventures, Breyer Capital, Global Founders Capital, Firstminute Capital, Climate Capital
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesApple Icloud MailCalendlyCloudflare
#12
Seed · Toronto, Ontario · founded 2023 · 8 employees$1.8Mraised▾
Seed · Toronto, Ontario · founded 2023 · 8 employees
Provider of credit management platform for streamlined credit processes. This platform automates trade references, requests, and approvals, offering real-time tracking and centralized management. It also includes instant bank reference verification, fraud detection, and a customizable digital credit application system with e-signatures. The platform provides credit risk monitoring with alerts on various factors, enabling proactive risk management. The system facilitates efficient credit application processing, improving customer experience and reducing operational complexities.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
- Sep 2024Seed$1.8M
Founders & team
Investors
Ripple Ventures, Centre Street Partners, Antler, Motivate Venture Capital, Day One Ventures
Tech stack
Amazon S3Amazon Web ServicesApple Icloud MailCloudflareCloudflare Bot ManagementCore-Js
Funding & investor landscape
$3Btotal disclosed funding
41companies funded
118disclosed rounds
1rounds last 90 days
Most active investors
SVB3 rounds
Notable founders
Steven Uster
Co-Founder · FundThrough
Ben Gigone
Co-Founder & CTO · Chexy
Lizaveta Akhvledziani
Co-Founder & CEO · Chexy
Larry Bassuk
President & Co-Founder · Idea Financial
Vadim Lidich
Co-Founder · Paperstack
Assel Beglinova
Co-Founder & CEO · Paperstack
Michele Romanow
Co-Founder & Executive Chairman · Clearco
Joseph Buaron
Co-Founder and CTO · goPeer
Marc Caya
Co-Founder & CEO · goPeer
Mo Nikjoo
Co-Founder & CEO · Quad-Fi
Hugo Markland
Co-Founder · Karoo
Oliver Lambson
Co-Founder · Karoo
Prism market signals · Canada · country-scoped Prism corpus, 8,230,906 docs
Market landscape — 10 sub-themes by coverage
Share of Alternative Lending coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
How many Alternative Lending companies are there in Ontario, Canada?
Radar tracks 139 indexable Alternative Lending companies headquartered in Ontario, Canada that meet our profile-completeness bar.
What is the total funding raised by Alternative Lending companies in Ontario, Canada?
The Alternative Lending companies in Ontario, Canada on this list have raised a combined $3B in disclosed equity funding across 41 funded companies.
Which is the highest-funded Alternative Lending company in Ontario, Canada?
Pineapple is the highest-funded Alternative Lending company in Ontario, Canada, with $1.2B in disclosed equity funding.
How many Alternative Lending companies in Ontario, Canada are funded?
41 of the 139 Alternative Lending companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many Alternative Lending unicorns are there in Ontario, Canada?
1 Alternative Lending company in Ontario, Canada on this list is valued at $1B or more.
Who are the top investors in Ontario, Canada Alternative Lending companies?
The most active investors in Ontario, Canada Alternative Lending companies on this list include MaRS Discovery District, Kensington Capital Partners, ventureLAB, DMZ Ventures, FJ Labs.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.