Skip to main content
Caplight Logo









Spring Financial

Spring Financial

Private

Last Round

Convertible Debt

Jun 27, 2022

Total Funding Raised

$209.2M

Company Overview

Spring Financial is a financial services company that provides online access to personal loans, mortgage solutions, vehicle financing, and credit-building products for Canadians.

Sector

FinTech

Verticals

Lending & Credit, Personal Finance, Credit Scoring, Digital Banking

Business Model

B2C

Customer Profile

Services & Consulting

AI Layer

Application

Keywords

personal loanscredit buildingbad credit loanssubprime lendingmortgagescredit monitoringonline lenderneobankdirect-to-consumerDTCautomated underwritingalternative financingfintechinstallment loanscredit score repair

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Spring Financial Comparables

Compare Spring Financial with similar companies based on industry and business-model similarity.

Spring Financial comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
KOHO
87%
Borrowell
86%
goeasy Ltd.
78%

Spring Financial Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Convertible DebtJun 27, 2022
Series BAug 18, 2021
Series AJan 1, 2019

Key People

Founding team and executive leadership

Michael Galpin

CEO

Executive Team

Cory Eden

Chief Technology Officer

Executive Team

Victor Ko

Chief Financial Officer

Executive Team

Spring Financial Investors

Notable investors and investment history

Spring Financial investors
InvestorRounds
OPENLANE, Inc.Series B
Anthos CapitalSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 21, 2024

    Grew 18% QoQ, from 221 to 261 employees.

  • Aug 18, 2021

    $78M round led by OPENLANE, Inc.

Spring Financial Filings

Explore SEC and related filing metadata, where available.

Spring Financial filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Request access

Frequently Asked Questions

Common questions about Spring Financial's valuation, stock price, and market status.

Is Spring Financial a public or private company?

Spring Financial is a private company.

What is the current stock price of Spring Financial?

Spring Financial is a private company with no public stock price. Caplight tracks Spring Financial's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is Spring Financial worth (valuation)?

Valuation information for Spring Financial is not publicly available.

Can I buy Spring Financial stock?

Spring Financial shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Spring Financial's last funding round?

Spring Financial's most recent funding round was Convertible Debt on June 27, 2022.

Who are the main investors in Spring Financial?

Key investors in Spring Financial include Anthos Capital.

Will Spring Financial IPO soon?

No public IPO plans have been announced for Spring Financial.

How can I track Spring Financial secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Spring Financial's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersVancouver
Employee Range330
Year Founded2014
Last FundingJun 27, 2022

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.

See something wrong or outdated?