FinTechFunding

Canada Drives: Secures $40M CAD in Funding

Canada Drives Secures $40M CAD in Funding

  • Canada Drives, a Vancouver, BC-based online car shopping and to-your-door delivery platform, closed $40M CAD equity funding round
  • Canadian company goeasy provided the financial resources
  • The company intends to use the funds to expand into new provincial markets, grow the available inventory and enhance its digital platform
  • CanadaDrives is an online car shopping and delivery platform available in Canada. Customers can shop for certified used vehicles, pay in full or finance
  • The company is operational in British Columbia, Alberta, Ontario and most recently in Saskatchewan
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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.

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