It used to be that when the going got tough, Canadians lived pay cheque to pay cheque. Today, too many good credit Canadians are living credit card interest payment to credit card interest payment. This is a difficult scenario, compounded by an increasing level of what is known as ‘bad’ debt. With credit card debt levels over $80 billion, responsible Canadians are paying … Read More
One of our favourite blog features is called “5 Questions With”, in which we pose 5 thought provoking questions to various prominent members of our community. In this week’s blog post, we ask 5 Questions to Toronto Mayor John Tory! It’s been almost exactly one year since John Tory became Mayor of Toronto. Recently, Mayor Tory travelled to London, UK and … Read More
John Tory will be making a business trip to London, England with six startups to make a case for why Toronto is a hotbed for FinTech innovation. Read more here: http://betakit.com/mayor-john-tory-to-put-spotlight-on-toronto-startups-in-london-england/
High-growth Canadian startups from coast-to-coast are leveraging financial technology (aka fintech) to challenge traditional banking verticals. We charted the unbundling above. To experience for yourself how Borrowell is using technology to offer lower rates and a better customer experience, click ‘Check My Rate’ below!
We know that many customers choose Borrowell as a way to refinance credit cards and other debt at better rates. But there is also a serious convenience factor that Borrowell brings to the process of getting a personal loan. We spent a lot of time developing the platform to be as user-friendly as possible. In comparison, the process of getting a personal … Read More
Financial Post | Barbara Shecter Norm Cappell acknowledges he made a gutsy move when he left a senior job in the capital markets division of Royal Bank of Canada six months ago to join an upstart online lender. http://business.financialpost.com/news/fp-street/how-canadas-banks-are-fighting-back-as-economic-headwinds-threaten-growth
Not many people know financial services advertising industry as well as Philippe Garneau, Founder of GWP Brand Engineering. They were the agency that famously brought ING Direct to Canada, and are now the agency powering Borrowell’s mission to make Canadian borrowing more fast, fair and friendly. We caught up with Philippe for the latest installment of ‘5 Questions With…’ You … Read More