Payfi (Techstars ‘23)

Build your credit when you pay your rent. No extra fees. No landlord participation needed.

General Information
Company Name
Payfi (Techstars ‘23)
Founded Year
2022
Location (Offices)
Toronto, Canada +1
Founders / Decision Makers
Number of Employees
21
Industries
Financial Services, Payments
Funding Stage
Pre Seed
Social Media

Payfi (Techstars ‘23) - Company Profile

Payfi (Techstars ‘23) is a Canadian startup that aims to simplify the rental journey for Canadian Residents & Immigrants. The company's slogan "Simplifying the rental journey for Canadian Residents & Immigrants. Secure a home, and build credit." elucidates its mission. Founded in 2020, Payfi focuses on providing housing solutions for international students, permanent residents, and temporary foreign workers. The company operates in the Financial Services and Payments industries from its headquarters in Canada. Notably, Payfi recently secured a $120.00K Pre Seed Round investment on 22 September 2023, with Techstars Toronto Accelerator being the primary investor. This strategic investment is expected to bolster the company's efforts in simplifying the rental journey for its target market and expanding its reach within the Canadian real estate and financial services sectors. With this recent investment, Payfi is poised to further solidify its position as an innovative solution provider for the housing and credit needs of Canadian Residents & Immigrants.

Taxonomy: rental solutions, housing, newcomers, immigrants, Canadian fintech, rent guarantees, financial empowerment, credit building, rent financing, financial flexibility, trust, landlords, credit history, guarantor requirements

Funding Rounds & Investors of Payfi (Techstars ‘23) (2)

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Funding Stage Amount No. Investors Investors Date
Pre Seed Round $120.00K 1 Techstars Toronto Accelerator 22 Sep 2023
Pre Seed Round $1.00M - 01 Jan 2022

Latest News of Payfi (Techstars ‘23)

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No recent news or press coverage available for Payfi (Techstars ‘23).

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