Updated:
Borrowell Inc.
Borrowell Inc. is an asset manager based in Toronto; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts for...
Overview
1 in 10 Canadians use Borrowell to monitor their credit. No credit card or SIN needed. We're the only free credit score app made in Canada.
General information
Firm type
Asset Manager
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
Toronto, Ontario, Canada
Sector focus
Frequently asked questions
How does Borrowell make money?
Borrowell is free for members. The company generates revenue by receiving referral fees from over 75 financial product partners when a member takes a recommended product — such as a loan, credit card, or mortgage (per Borrowell, 2026).
What specific credit bureau does Borrowell use?
Borrowell provides free weekly access to members' Equifax credit scores and reports (per Borrowell, 2026).
Does Borrowell offer any lending or credit products directly?
Borrowell itself does not lend money or issue credit. It offers a credit builder loan and rent-reporting service, but its primary function is as a credit education and product recommendation platform (per Borrowell, 2026).
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