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§ Private Profile · Montréal, QC, Canada
Digital lending platform offering instant online auto repair loans for consumers and service centers in Canada.
Based in Toronto and Montreal, Canada, FIX4 Capital operates a proprietary digital lending platform that provides instant auto repair loans to consumers without requiring traditional credit checks or income verification. The company offers consumer financing ranging from $500 to $10,000 over 12 to 36-month terms at a fixed 19.9% interest rate, utilizing vehicle make, model, year, and mileage data to approve applications in under five minutes. Rather than disbursing funds directly to borrowers, the platform pays registered automotive service centers and dealerships to facilitate immediate vehicle repairs while generating revenue exclusively through loan interest. In August 2021, the enterprise secured $7.2 million in seed funding from a syndicate of financial backers that included lead investors Tactico, Keira Capital Partners, and Martin Lavigne. FIX4 Capital was founded in early 2020 by Tave Della Porta, Derek Lloyd, and Robert Bédard.
FIX4 Capital has raised $7.2M across 1 funding round.
FIX4 Capital has raised $7.2M in total across 1 funding round.
FIX4 Capital has raised $7.2M in total across 1 funding round.
FIX4 Capital's investors include Martin Lavigne, Keira Capital Partners, Tactico.
FIX4 Capital has raised $7.2M across 1 funding round. Most recently, it raised $7.2M Seed in August 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 18, 2021 | $7.2M Seed | — | Martin Lavigne, Keira Capital Partners, Tactico | Announced |