Brim Financial has secured $85 million in Series C funding led by Export Development Canada to support its global expansion and enhance its innovative fintech offerings.

Information on the Target

Brim Financial, headquartered in Toronto, is a prominent fintech infrastructure company specializing in the transformation of credit card platforms and payment automation. Recently, Brim successfully secured $85 million in Series C funding, driven by a notable increase in revenue and market share. This capital injection will support the company's ambitious expansion strategy in the U.S. market and enhance its product offerings.

The company's innovative modular platform and scalable product suite enable financial institutions, fintechs, and international brands to efficiently manage and develop their product systems. Brim's technology significantly reduces the time and cost often associated with establishing and maintaining advanced payment capabilities, allowing partners to focus on meeting customer needs effectively.

Industry Overview in the Target’s Specific Country

The fintech industry in Canada has seen remarkable growth over the past few years, particularly in the areas of payment processing and credit card infrastructure. With a strong emphasis on digital transformat