Power Financial

Power Financial is a venture capital firm in Canada that focuses on the financial-services industry. Founded 1984 in Toronto, Ontario, Canada, it invests in funding rounds, venture rounds, series B, seed rounds, debt financing and series A rounds. Its portfolio companies include Wealthsimple, Alan, KOHO Financial, and Borrowell. As of April 2020, Power Financial Corporation has made nine investments. Their most recent investment was on May 22, 2019, when Wealthsimple raised CA$100M. Power Financial is a diversified management and holding company that has interests, directly or indirectly, in companies in the financial services sector in Canada, the United States, Europe and Asia.