Vancouver based digital financial solutions startup for small businesses Bench raised $60 million in a Series C funding round led by Contour Venture Partners, along with with Sage Group and Shopify. The round also witnessed participation from existing investors Altos Ventures, Inovia Capital, and Bank of Montreal, bringing the total funds raised by the fintech startup to over $109 million.
Founded in 2012 by Adam Saint, Ian Crosby, Jordan Menashy and Pavel Rodionov, Bench offers an integrated digital financial solutions platform for small businesses spanning banking, cards, payroll, bookkeeping, taxation and advisory services.