Press Release Archives - Evolocity Financial Group
RELEASE – OnDeck Completes Transaction Combining OnDeck Canada With Evolocity Financial Group

RELEASE – OnDeck Completes Transaction Combining OnDeck Canada With Evolocity Financial Group

Creates One of Canada’s Largest Online Small Business Lenders TORONTO, CANADA … April 1, 2019 –  OnDeck® (NYSE: ONDK), the leader in online lending to small business, today announced it has completed the transaction combining its Canadian operations with Evolocity Financial Group (Evolocity), a Montréal-based online small business lender. The combined companies are majority owned…

Evolocity Financial Group recognized as Employee Recommended Workplace for 2019

Evolocity Financial Group recognized as Employee Recommended Workplace for 2019

Seventy-five organizations recognized as Employee Recommended Workplaces for 2019 Morneau Shepell and The Globe and Mail to announce category winners on March 19 TORONTO, Feb. 7, 2019 /CNW/ – Today, Morneau Shepell and The Globe and Mail announced 75 Employee Recommended Workplaces for 2019, in the third annual Employee Recommended Workplace Award. The selected organizations have achieved high standards for healthy…

RELEASE – OnDeck Announces Agreement to Combine Canadian Operations with Evolocity Financial Group

RELEASE – OnDeck Announces Agreement to Combine Canadian Operations with Evolocity Financial Group

Combination Will Create A Leading Online Lending Platform Serving Small Businesses in Canada Today’s announcement was made by Noah Breslow, Chairman and Chief Executive Officer of OnDeck and Neil Wechsler, Chief Executive Officer of Evolocity. The transaction will combine the direct sales, operations, and local underwriting expertise of the Evolocity team with the marketing and…

RELEASE | Evolocity Receives Significant Increase to Senior Banking Facility with Bank of Montreal (BMO)

RELEASE | Evolocity Receives Significant Increase to Senior Banking Facility with Bank of Montreal (BMO)

Evolocity Financial Group Adds Funding Capacity; Significant Increase to Senior Banking Facility with BMO High Demand for B2B Lending Products Driving Growth Montreal, Quebec – September 13, 2018 – Evolocity Financial Group, a leading financial technology company providing business loans and merchant cash advances to small and medium-sized Canadian merchants (“SME”), today announced that it…

Evolocity Financial Group recognized as Employee Recommended Workplace for 2018

Evolocity Financial Group recognized as Employee Recommended Workplace for 2018

Morneau Shepell and The Globe and Mail to announce category winners on March 20 TORONTO, Feb. 15, 2018 /CNW/ – Today, Morneau Shepell and The Globe and Mail announced 53 Employee Recommended Workplaces for 2018, in the second annual Employee Recommended Workplace Award. These organizations have achieved high standards for healthy workplaces, as reported by their employees, and have earned to…

RELEASE | Evolocity Closes New Senior Secured Banking Facility with BMO

RELEASE | Evolocity Closes New Senior Secured Banking Facility with BMO

Evolocity Financial Group Closes New Senior Secured Banking Facility with Bank of Montreal (BMO) New Banking Relationship Adds Significant Funding Capacity Montreal, Quebec – September 6, 2017 – Evolocity Financial Group, a leading financial technology company providing business loans and merchant cash advances to small and medium-sized Canadian merchants (“SME”), today announced that it has…

Women-owned Businesses Receive Startup Support From Startup Canada and Evolocity Financial Group

Women-owned Businesses Receive Startup Support From Startup Canada and Evolocity Financial Group

October 19, 2016 | Startup Canada and Evolocity Financial Group announced today that four women-owned enterprises will receive micro-grants to cover startup costs through the Startup Canada Women Founders Fund, powered by Evolocity Financial Group. Launched in August 2016, the Startup Canada Women Founders Fund aims to alleviate some of the financial barriers women face…

Startup Canada Launches Women Founders Fund With Evolocity Financial Group

Startup Canada Launches Women Founders Fund With Evolocity Financial Group

August 2, 2016 – Today, Startup Canada and Montreal-based Evolocity Financial Group joined forces to launch the Startup Canada Women Founders Fund powered by Evolocity Financial Group. The fund provides micro-grants to women entrepreneurs and women-led companies in Canada—helping them to start and grow their businesses. Although women in Canada now represent 47 per cent…

Evolocity Financial Group Partners with Lightspeed POS

Evolocity Financial Group Partners with Lightspeed POS

Canadian Fintech Firm Adds to its Rapidly Growing Team of Strategic Partners Evolocity Financial Group is very proud to announce our recent partnership with fellow disrupter and Canadian success story Lightspeed POS. Founded in Montreal, Lightspeed provides custom Point of Sale and eCommerce solutions to businesses in the restaurant and retail industries. Lightspeed believes that commerce…