Brim Financial

Toronto, Canada Founded: 2017 • Age: 9 yrs
NFC-enabled credit card solutions are offered for individuals and families.
Annual revenue - Latest available
Total funding $101.8M 2 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 5 Brand Intelligence

About Brim Financial

Brim Financial is a company based in Toronto (Canada) founded in 2017 by Rasha Katabi. Brim Financial has raised $101.79 million across 2 funding rounds from investors including Desjardins, goeasy and Export Development Canada. Brim Financial operates in a competitive market with competitors including Upgrade, Affirm, Neo Financial and BUY WITH IMPACT, among others.

  • Headquarter Toronto, Canada
  • Founders Rasha Katabi
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $101.79 M (USD)

    in 2 rounds

  • Latest Funding Round
    $85 M (USD), Series C

    Apr 04, 2024

  • Investors
    Desjardins

    & 7 more

  • Employee Count
    Not available
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People of Brim Financial

Headcount 10-50
Employee Profiles 16
Employee Profiles
People
Rasha Katabi
CEO & Founder
People
Thomas Patterson
VP, Product
People
Annesa A.
Product Designer
People
Ahmad Shorafa
Director - Settlement & Portfolio Analysis

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Funding Insights of Brim Financial

Brim Financial has successfully raised a total of $101.79M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $85 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Brim Financial

Brim Financial has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Desjardins, goeasy and Export Development Canada.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Debt and equity solutions are provided to mid-to-late-stage technology companies.
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Early-stage technology companies are funded by this venture capital firm.
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A private investment firm focused on diverse asset classes.
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Investor details for Brim Financial

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Investments & Acquisitions by Brim Financial

Investments
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Investment portfolio details for Brim Financial

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Financial Statements - Brim Financial

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Detailed financials for Brim Financial

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Brim Financial Comparisons

Brim Financial Primary company
Description
NFC-enabled credit card solutions are offered for individual...
Location
Toronto, Canada
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Brim Financial

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Competitors of Brim Financial

Brim Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Upgrade, Affirm, Neo Financial and BUY WITH IMPACT, among others.

Company Name Domain Founded year HQ Location Description
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Consumer credit and banking products are offered to individuals.
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Point-of-sale financing is facilitated via an online installment payment platform.
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Provider of financial products and services including credit cards, accounts, and investment options
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Operates an impact investment platform to connect users with meaningful opportunities.
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Detailed competitors of Brim Financial

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Latest news on Brim Financial

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Complete news archive for Brim Financial

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Frequently Asked Questions about Brim Financial

Brim Financial was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Brim Financial is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Rasha Katabi is the current CEO of Brim Financial. They have also founded this company.

Brim Financial is a funded company, having raised a total of $101.79M across 2 funding rounds to date.

Brim Financial was founded in 2017 in Toronto, Canada, within the fintech sector. Credit card payment solutions with NFC capabilities are provided to individuals and families, enabling contactless payments, offline purchases, and money transfers. A loyalty program is included, allowing points to be redeemed at any purchase. Installment financing options are facilitated through an app-based platform available on iOS and Android devices.

Brim Financial's top competitors include Neo Financial, Upgrade and Affirm.

Brim Financial has 8 investors. Key investors include Desjardins, goeasy, Export Development Canada, Vistara Growth, and EPIC Ventures.

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