On November 20, 2019, The Canadian Lenders Association (CLA) announced that Financeit was the 2019 Company of the Year in Lending. The award was presented at CLA’s annual Canadian Lenders Summit in Downtown Toronto. Financeit is an end-to-end solution that enables businesses to offer financing to their customers. The company was founded in 2007, is based in Toronto, and is led by CEO Michael Garrity.
Twenty five companies had been nominated for the award. The CLA event was attended by hundreds of fintech and lending executives.