VersaBank, formerly Pacific & Western Bank of Canada, is a technology-focused digital bank founded in 1993. As Canada's first fully digital, branchless bank, it leverages its proprietary financial technology to deliver a range of lending and deposit services. Its primary business involves providing financing solutions to non-bank financial institutions, such as fintechs, and offering commercial lending for real estate and public sector projects across Canada. Additionally, VersaBank operates a cybersecurity services subsidiary, DRT Cyber Inc., and is expanding into the U.S. market with a Point-of-Sale Loan and Deposit financing solution.

Founded in

Canada