# FirstOntario Credit Union

> FirstOntario Credit Union is a VC fund in Hamilton backing Credit, FinTech and Finance. See 2 investments, round sizes, portfolio. Updated Oct 2026.

- Type: VC Fund
- Location: Hamilton, Canada
- Total investments: 2
- Last investment: Jul 2017
- Lead investor: 50%
- Last updated: Oct 2026
- LinkedIn: https://www.linkedin.com/company/firstontario-credit-union/
- X (Twitter): https://x.com/firstontariocu
- Website: https://www.firstontario.com
- Facebook: https://www.facebook.com/firstontariocreditunion

FirstOntario Credit Union is a VC fund in Hamilton focused on Credit and FinTech. FirstOntario Credit Union offers financial products and services including loans, investments, and credit cards. FirstOntario Credit Union serves nearly 100,000 members with a full suite of financial products and has 31 full-service branches serving 14 communities within the Hamilton, Halton, Niagara, Haldimand/Norfolk, and Oxford regions. Itwas first founded in 1939.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Credit | 1 | 50% |
| FinTech | 1 | 50% |
| Finance | 1 | 50% |
| Financial Services | 1 | 50% |
| Artificial Intelligence | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 50% |
| Debt Financing | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Borrowell | Borrowell is a credit education company that offers free credit scores, education, and weekly credit monitoring. It also offers innovative digital tools like personalized credit coaching and AI-powered financial product recommendations. The company was founded in 2014 and is headquartered in Toronto, Ontario. | $9.6M | Series A | Jul 21, 2017 | http://borrowell.com |
| Borrowell | Borrowell is a credit education company that offers free credit scores, education, and weekly credit monitoring. It also offers innovative digital tools like personalized credit coaching and AI-powered financial product recommendations. The company was founded in 2014 and is headquartered in Toronto, Ontario. | $35.9M | Debt Financing | Jul 21, 2017 | http://borrowell.com |

2 of 2 investments shown.

## Co-investors
- Concentra Bank — VC Fund, 1 deal together
- [Equitable Bank](https://shizune.co/investors/profile/equitable-bank) — VC Fund, 1 deal together
- [NAventures](https://shizune.co/investors/profile/naventures) — VC Fund, 1 deal together
- [Portage Ventures](https://shizune.co/investors/profile/portag3-ventures) — VC Fund, 1 deal together
- [Rogue Insight Capital](https://shizune.co/investors/profile/rogue-insight-capital) — VC Fund, 1 deal together
- [White Star Capital](https://shizune.co/investors/profile/white-star-capital) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does FirstOntario Credit Union invest in?

FirstOntario Credit Union invests primarily in Credit, FinTech and Finance startups, most often at Series A and Debt Financing stage. Most of the 2 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did FirstOntario Credit Union last invest?

The most recent investment recorded for FirstOntario Credit Union closed in Jul 2017. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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