Company Information

Get to know Borrowell

Founded in 2014 by Eva Wong and Andrew Graham, Borrowell is a leading Canadian fintech company with a mission to help its members make great decisions about their money. It was the first company in Canada to offer free credit scores and reports from Equifax. Borrowell's platform provides users with regular credit monitoring, educational tools, and AI-powered personalized recommendations for products such as personal loans, credit cards, mortgages, and insurance from over 75 financial partners. The company generates revenue through referral fees when a user obtains a product from one of its partners.

Industry

Financial Financial AdvisementPRIMARY
Financial Other Service
Financial Payment

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Borrowell

Canada

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.