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Brim Financial - About the company

Brim Financial is a series C company based in Toronto (Canada), founded in 2017 by Rasha Katabi and Marcius Bansavatar. It operates as a NFC-enabled credit card payment solution for individuals. Brim Financial has raised $102M in funding from investors like EPIC Ventures, Export Development Canada and Desjardins. The company has 45 active competitors, including 16 funded and 5 that have exited. Its top competitors include companies like Cardless, Deserve and Credit Saison.

Company Details

NFC-enabled credit card payment solution for individuals. Provides credit cards for families and individuals with contactless payments, offline purchases, money transfers, and other solutions. Offers a loyalty program. Allows users to redeem their loyalty points at any purchase and also offers installment financing on purchases from the retailer through its app-based platform. Application is made available on iOS, and Android devices.
Social
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Email ID
*****@brimfinancial.com
Phone Number
+1 **********
Key Metrics
Founded Year
2017
Location
Toronto, Canada
Stage
Series C
Total Funding
$102M in 2 rounds
Latest Funding Round
Ranked
Employee Count
67 as on Sep 30, 2026
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Brim Financial's funding and investors

Brim Financial has raised a total funding of $102M over 2 rounds. Its first funding round was on Mar 16, 2021. Its latest funding round was a Series C round on Apr 04, 2024 for $*****. 5 investors participated in its latest round. Brim Financial has 9 institutional investors.

Here is the list of recent funding rounds of Brim Financial:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 04, 2024
8523490
Series C
2285531
3302615
9683281
4896412
Mar 16, 2021
5579420
Series B
7574078
4849049
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Brim Financial's founders and board of directors

Founder? Claim Profile
The founders of Brim Financial are Rasha Katabi and Marcius Bansavatar. Rasha Katabi is the CEO of Brim Financial.
Here are the details of Brim Financial's key team members:

Brim Financial's Board of Directors

Brim Financial's board has 4 active members. Alex Yeung, John Reucassel, Randy Garg and Larry Repar are independent board members.
Here is the list of Brim Financial's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
2y 6m
rsqrcwh
Independent board member
-
Current
5y 2m
jehripv
Independent board member
-
Current
6y 1m
bbftwvd
Independent board member
-
Current
6y 8m

Brim Financial's employee count trend

Brim Financial has 67 employees as of Sep 26. Here is Brim Financial's employee count trend over the years:
Employee count trend for Brim Financial
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Brim Financial's Competitors and alternates

Top competitors of Brim Financial include Cardless, Deserve and Credit Saison. Here is the list of Top 10 competitors of Brim Financial, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cardless
Cardless
2019, San Francisco (United States), Series C
Credit cards for consumers
$150M
72/100
2nd
Logo for Deserve
Deserve
2013, Murray (United States), Acquired
Credit builder cards for consumers
$145M
68/100
3rd
Logo for Credit Saison
Credit Saison
1951, Tokyo (Japan), Public
Provider of credit cards and related financial services
-
-
65/100
4th
Logo for Episode Six
Episode Six
2015, Austin (United States), Series C
Developer of cloud native card issuing and ledger infrastructure software
$85M
64/100
5th
Logo for Spense
Spense
2022, Bengaluru (India), Seed
Provider of APIs and SDKs for fintech and digital banking
$5M
59/100
6th
Logo for VegaPay
VegaPay
2022, Mumbai (India), Series A
B2B fintech platform providing technology for credit, card, lending, and banking products
$10.6M
59/100
7th
Logo for Brim Financial
Brim Financial
2017, Toronto (Canada), Series C
NFC-enabled credit card payment solution for individuals
$102M
60/100
8th
Provider of electronic payment processing and cross border transaction services
-
54/100
9th
Logo for 42 Card Solutions
42 Card Solutions
2020, Bengaluru (India), Seed
Credit card solution provider for banks and other regulated financial institutions
$8.16M
52/100
10th
Logo for Banese Card
Banese Card
2000, Brazil, Unfunded
Personalized credit card solution for businesses
-
-
49/100
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Brim Financial's Investments and acquisitions

Brim Financial has made no investments or acquisitions yet.

Reports related to Brim Financial

Here is the latest report on Brim Financial's sector:

News related to Brim Financial

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Media has covered Brim Financial for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
Payments Canada Welcomes Payment Service Provider MembersCNW•Jan 27, 2026•Payments Canada, Brim Financial, Float, KOHO and 2 others
•
TrueNorth partners with Brim FinancialThe Paypers•Mar 04, 2024•True North, Brim Financial
•
Mambu partners Brim Financial for new digital banking offeringFinTech Futures•May 30, 2022•Mambu, Brim Financial
•
Brims' results for the first quarter of 2022GlobeNewswire•May 25, 2022•Brim Financial
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