News

The Influentials 2021

November 18, 2021

Andrew D’Souza and Michele Romanow were listed on Toronto Life’s most influential Torontonians of 2021! Toronto Life

 

How Clearco’s Revenue-Based Financing Fuels Beauty Business

November 5, 2021

Revenue-based financing is gaining traction in the beauty industry. Founders are trading equity stakes for revenue share, as companies such as Clearco rethink traditional investment models. Clearco, which raised $215 million from SoftBank over the summer, invests in beauty e-commerce businesses in exchange for a fee and a percentage of revenue. The company has already seen success, investing $2.5 billion in more than 5,500 start-ups worldwide since it was founded in 2015. WWD

 

The Fintech 250: The Top Fintech Companies Of 2021

October 5, 2021

Finix, Juniper Square, and Clearco were featured on CB Insight’s Fintech 250 list! CB Insights

 

Clearco commits $100 million AUD, adds former Google exec as part of Australian expansion

October 3, 2021

Clearco has officially expanded to Australia, its fourth international market to date, as the Toronto-based startup sets its sights on the Asia-Pacific region. As part of its expansion, the FinTech firm has promised to invest up to $100 million AUD ($92 million CAD) in e-commerce, mobile app, and SaaS businesses in Australia. To lead these efforts, Clearco has hired former Google director and Limepay co-founder Dan Peters as managing director of its Australian operations. BetaKit

 

Clearco gets the SoftBank stamp of approval in new $215M round

July 8, 2021

Toronto-based Clearco, a fintech capital provider for online companies, has raised $215 million in a round led by SoftBank Vision Fund II. The financing event closed just weeks after Clearco completed its most recent financing, a $100 million round that quintupled its valuation to $2 billion.TechCrunch

 

Dragons’ Den star’s startup secures another US$50-million in financing

November 9, 2018

Dragons’ Den star Michele Romanow and her partner Andrew D’Souza have secured another US$50-million to grow their latest startup, Clearbanc, just weeks after announcing they had raised US$70-million to bankroll the financing provider for e-commerce firms. The Globe and Mail.

 

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