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Payfi
AddedFeb 18, 2024
UpdatedJun 18, 2026
Payfi

Payfi

Seed

Payfi, a Canadian fintech pioneer, empowers newcomers with seamless housing solutions, ensuring financial flexibility and landlord trust.

HQ
Toronto, Ontario, CA
Founded
2020
Accelerator
Techstars logoTechstars: Toronto2023
Overview
Compare
Fundraising
Employees
Website

Founded in Canada, Payfi is a fintech company dedicated to empowering newcomers by providing seamless housing solutions. The company's core mission is to eliminate the financial and logistical barriers that immigrants face when securing rental housing. Payfi offers a rent guarantee solution that removes the need for credit history, guarantors, or multiple months' rent upfront, thus ensuring financial flexibility and fostering trust between landlords and tenants. Their market focus is on newcomers to Canada who are seeking affordable and hassle-free housing options.

Notable affiliated individuals and investors include key figures in the Canadian fintech and real estate sectors, although specific names are not publicly highlighted. Payfi's key achievements include the successful implementation of their rent guarantee solution, which has significantly eased the housing process for many immigrants. The overall impact of Payfi has been profound, as it has transformed the rental landscape for newcomers, enabling them to secure housing more easily and integrate into Canadian society with greater confidence.

Payfi - Similar Companies

Pay4Me App logo

Pay4Me App

pay4me.app

Payflow logo

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payflow.es

LemFi logo

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lemfi.com

Paymints.io logo

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paymints.io

FlatX logo

FlatX

flatx.co

Payfura logo

Payfura

payfura.com

Safepay logo

Safepay

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InstaKin logo

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flowpay.io logo

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Pinata logo

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SympliFi logo

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symplifi.co.uk

Flexpay logo

Flexpay

flexpay.co.ke

Chimoney logo

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Pantore Pay logo

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Payfi - Quick Facts

Who are Payfi's competitors?

Companies similar to Payfi include Pay4Me App, Payflow, LemFi and Paymints.io.

When was Payfi founded?

Payfi was founded in 2020.

Where is Payfi's headquarters located?

Payfi's headquarters is located in Toronto, Ontario, CA.

When was Payfi's last funding round?

Payfi's most recent funding round was for $120k (USD) in September 2023.

How much has Payfi raised to-date?

As of Sep 22, 2023, Payfi has raised a total of $1.1M (USD).

How many employees does Payfi have?

Payfi has 30 employees as of Feb 4, 2024.

Payfi - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Canada
Model
  • Platform
Revenue
  • Recurring
  • SaaS
Customer
  • Consumers
Main Product
  • Financial Services
Tags
  • Fintech
  • SaaS
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice