About PC Financial
PC Financial is a company based in Toronto (Canada) founded in 1996 was acquired by EQ Bank in December 2025.. PC Financial offers products and services including PC® Mastercard®, PC Money™ Account, and PC Insiders™ World Elite Mastercard®. PC Financial operates in a competitive market with competitors including Investec, Scotiabank, Bank of America, Canadian Imperial Bank of Commerce and Equitable Bank, among others.
- Headquarter Toronto, Canada
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Sectors
Financial Services
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Phone
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Website
*********
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Social
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- Legal Name President’S Choice Bank
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Canadian Imperial Bank of Commerce
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of PC Financial
PC Financial offers a comprehensive portfolio of products and services, including PC® Mastercard®, PC Money™ Account, and PC Insiders™ World Elite Mastercard®. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Credit card that earns rewards points on everyday purchases.
No-fee account offering interest and points on transactions.
Premium card for earning points on various spending categories.
Funding Insights of PC Financial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PC Financial
PC Financial has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce and EQ Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are provided to individuals and businesses.
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Founded Year | Domain | Location | |
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Online savings accounts and GICs are provided by EQ Bank.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PC Financial
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PC Financial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pc Financial Comparisons
Competitors of PC Financial
PC 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 Investec, Scotiabank, Bank of America, Canadian Imperial Bank of Commerce and Equitable Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to individuals and businesses.
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| domain | founded_year | HQ Location |
Commercial banking services are provided throughout Canada.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pc Financial
Frequently Asked Questions about PC Financial
When was PC Financial founded?
PC Financial was founded in 1996.
Where is PC Financial located?
PC Financial is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does PC Financial do?
Founded in 1996 and headquartered in Toronto, Canada, PC Financial operates in the digital banking sector. A range of banking, investment, and insurance products is offered to customers across the country. Mobile banking and payment services are facilitated through a dedicated app, while the PC Optimum rewards program enables point accumulation on purchases. Partnerships with various businesses are maintained to deliver exclusive discounts and benefits, supporting secure financial management options.
Who are the top competitors of PC Financial?
PC Financial's top competitors include Investec, Canadian Imperial Bank of Commerce and Scotiabank.
What products or services does PC Financial offer?
PC Financial offers PC® Mastercard®, PC Money™ Account, and PC Insiders™ World Elite Mastercard®.
Who are PC Financial's investors?
PC Financial has 2 investors. Key investors include Canadian Imperial Bank of Commerce, and EQ Bank.
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