Canada Drives: Raises Additional $10M CAD In Funding

Canada Drives Raises Additional $10M CAD In Funding

  • Canada Drives, a Vancouver, Canada-based provider of an online car shopping and delivery platform, raised $10M CAD in funding
  • The backers were not disclosed
  • The company intends to use the funds to expand into new markets across Canada
  • CanadaDrives provides an online car shopping and delivery platform available in Canada
  • Customers can shop for certified used vehicles, pay in full or finance, sign all documents, and have their vehicle delivered
  • Canadians can pay in full or finance, sign all documents, and have vehicles delivered to their doorstep as quickly as the same day
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Business Banking Fintech Slash Reaches Unicorn Status

The fintech startup achieves a valuation of over $1 billion.Highlights: Slash has been valued at over $1 billion.The...

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...

UK Banks Strengthen Cybersecurity with Anthropics Mythos Model

New collaboration enhances banks' defense against cyber threats.Highlights: UK banks to access Anthropics Mythos model in the upcoming...

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions.Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...