Impak Finance announced today the closing of a $1.1 million angel financing round with Anges Québec, Anges Québec Capital, as well as private investors from Canada and France.
Impak Finance is the first fintech to launch a marketplace to make buying from businesses with a positive social impact easy and rewarding,
The company is also proud to announce that seasoned investors Claude Chagnon from the Fondation Chagnon, Didier Kuhn from the French ride sharing app BlablaCar, Michel Lozeau, a former National Bank of Canada executive, and former Quebec cabinet minister Daniel Paillé, have joined its Board.
“The support we are getting from well known entrepreneurs and investors is a demonstration of the enthusiasm behind our project: to channel capital towards enterprises that take to heart the welfare of people and the environment. Business as a force for good, an alternative to the traditional way of doing business, has increasingly been gaining ground worldwide”, says Paul Allard, co-founder and CEO of impak Finance. “impak allows people to use their money for social and environmental good”, he adds.
“The impak platform is innovating, highly disruptive and will federate the forces behind the impact economy, a sector showing 20% yearly growth”, adds François Gilbert, CEO of AQ and AQC.