Case Study:

Borrowell

Borrowell uses technology to make financial services fast, fair, and friendly, offering Canadians a convenient, responsible way to borrow money and pay off debt.


About

CEO Andrew Graham, and his co-founders Eva Wong and Salim Naran built Borrowell to give Canadians an online alternative to big banks, offering fixed-rate loans at low interest rates that reward good credit scores. Applying takes only a minute, monthly payments are always the same, and there are no pre-payment penalties.

Borrowell offers clear, concise information on personal finances, free from marketing jargon – including resources on improving credit and consolidating debt. To demonstrate its commitment to helping customers improve their finances, Borrowell also offers free online credit scores.

Success will mean:

Canadians will benefit from more choice and transparency in their personal finances, helping them achieve increased economic security.