Refresh Financial

Kelowna, Canada Founded: 2010 • Age: 16 yrs Acquired By Borrowell
Credit Builder programs for persons with badno credit
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About Refresh Financial

Refresh Financial is a company based in Kelowna (Canada) founded in 2010 was acquired by Borrowell in December 2020.. The company has 34 employees as of December 31, 2024.

  • Headquarter Kelowna, Canada
  • Employees 34 as on 31 Dec, 2024
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    34

    as on Dec 31, 2024

  • Acquired by
    Borrowell

    (Dec 15, 2020)

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Funding Insights of Refresh Financial

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Refresh Financial

Refresh Financial has secured backing from 1 investor. Prominent investors backing the company include Borrowell. 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.

All
Investor Description Founded Year Domain Location
Credit monitoring and financial products comparison platform is provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Refresh Financial

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Refresh Financial

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Refresh Financial Comparisons

Employees
+
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Competitors of Refresh Financial

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Refresh Financial

Frequently Asked Questions about Refresh Financial

When was Refresh Financial founded?

Refresh Financial was founded in 2010.

Where is Refresh Financial located?

Refresh Financial is headquartered in Kelowna, Canada. It is registered at Kelowna, British Columbia, Canada.

How many employees does Refresh Financial have?

As of Dec 31, 2024, the latest employee count at Refresh Financial is 34.

What does Refresh Financial do?

Refresh Financial is a credit services company focussing on building credit. It provides a flagship credit builder program, whereby a secured account is created that no one can touch or access. The program is arranged into very affordable payments, each of which contains an interest component. With this interest, Refresh Financial is able to report the program as an installment loan to the credit bureau. With every payment made, the credit score improves. As only a portion of the payments goes to interest and fees; the rest is returned back to the participant.

Who are Refresh Financial's investors?

Refresh Financial has 1 investor. Key investors include Borrowell.

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