We are thrilled to announce that we have secured $13 million to help us grow! Over the course of the next year, Ä¢¹½TVÏÂÔØ will be aggressively expanding our sales financing platform into the U.S. and further across Canada.
Point of sale financing represents a $500 billion market in North America annually, yet the industry has traditionally focused largely on big-box retailers as well as large vehicle merchants and manufacturers.Â
Ä¢¹½TVÏÂÔØ changes this dynamic by enabling smaller merchants to offer innovative and compelling customer financing anywhere, anytime. The Ä¢¹½TVÏÂÔØ platform gives merchants the tools they need to compete with large retailers – particularly when selling big-ticket items.
Michael Garrity, CEO and President of Ä¢¹½TVÏÂÔØ, commented:
This financing round gives us the capital we need to bring Ä¢¹½TVÏÂÔØ to Main Street merchants in both Canada and the US.
This group of investors brings strategic relationships that will facilitate Ä¢¹½TVÏÂ﯉۪s expansion into the U.S. market. Investors participating in the round included industry-leading financial technology venture investors TTV Capital, Inter-Atlantic Group, and Second City Capital.
The expansion into the US consumer financing market will allow us to bring our point of sale platform to a new audience of businesses – while still focusing our efforts on expanding and improving our product for our loyal Canadian partners.
Close more sales and get paid faster with financing. Sign up for Ä¢¹½TVÏÂÔØ for free or call us to learn more: 1-888-536-3025.