Meridian

Toronto, Canada Founded: 2005 • Age: 21 yrs
Urban communities are served by this member-owned credit union.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Meridian

Meridian is a company based in Toronto (Canada) founded in 2005. It operates as a Subscription Services and Commission-Based. Meridian offers products and services including Personal Banking Accounts, Credit Cards, Mortgages, and Investments. Meridian operates in a competitive market with competitors including Coast Capital Savings, FirstOntario, Innovation Credit Union, Coastal Community Credit Union and Prospera Credit Union, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Meridian Credit Union
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $125 M (USD), Debt – Conventional

    Feb 25, 2020

  • Investors
  • Employee Count
    Not available
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Products & Services of Meridian

Meridian offers a comprehensive portfolio of products and services, including Personal Banking Accounts, Credit Cards, Mortgages, and Investments.

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Primary

Various chequing and savings accounts are offered here.

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Multiple Visa credit cards are provided for customers.

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Different mortgage options are available for home buyers.

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Investment plans and GICs are offered for savings.

People of Meridian

Headcount 1000-5000
Employee Profiles 265
Board Members and Advisors 10
Employee Profiles
People
Amber Waheed
Senior Commercial Credit Specialist
People
Jamie Pearson
Director, Risk Management
People
Sriyan Kannangara
Senior Business Banking Advisor
People
Sheryl Murray
Regional Credit Specialist

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Board Members and Advisors
people
Gail Harding
Member Of Board Of Directors; Former Chair Of Risk Committee
people
Suanne Nielsen
Board Of Directors
people
Stacey Grant-Thompson
Director
people
Lianne Hannaway
Director

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Funding Insights of Meridian

Investors in Meridian

Meridian has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Caisse de depot et placement du Quebec.

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Venture Fund
Investor Description Founded Year Domain Location
Investment strategies are provided across diverse asset classes and markets.
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Investor details for Meridian

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Meridian

Investments
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Investment portfolio details for Meridian

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Meridian

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Detailed financials for Meridian

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

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  • Profit trends
  • Statement rows
  • Financial ratios

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Meridian Comparisons

Meridian Primary company
Description
Urban communities are served by this member-owned credit uni...
Location
Toronto, Canada
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Meridian

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Meridian

Meridian 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 Coast Capital Savings, FirstOntario, Innovation Credit Union, Coastal Community Credit Union and Prospera Credit Union, among others.

Company Name Domain Founded year HQ Location Description
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Functions as a credit union providing financial services to members.
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Provides personal and business banking, loans, investments, and insurance options.
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Offers no-fee accounts, loans, mortgages, savings, and community financial support services.
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Provides personal and business banking, loans, investments, and insurance services.
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Financial services are offered to members by Prospera Credit Union.
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Detailed competitors of Meridian

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  • Domains and locations
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Latest news on Meridian

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Complete news archive for Meridian

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Frequently Asked Questions about Meridian

Meridian was founded in 2005 and raised its 1st funding round 15 years after it was founded.

Meridian is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Meridian Credit Union is established as a provider of comprehensive financial services in Canada. Personal and business banking solutions are offered, including chequing and savings accounts, credit cards, mortgages, loans, and investment options. Various sectors such as retail, commercial real estate, and manufacturing are served through tailored financing and industry expertise. Digital banking enhancements, mobile apps, and sustainable investing options are also provided to over 380,000 members across Ontario.

Meridian's top competitors include Prospera Credit Union, Libro Credit Union and Coast Capital Savings.

Meridian offers Personal Banking Accounts, Credit Cards, Mortgages, and Investments.

Meridian has 1 investor. Key investors include Caisse de depot et placement du Quebec.

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