Canada: Planswell now available across Canada

Planswell - an online financial planning platform - is now available in British Colombia, Alberta, Manitoba, Ontario, New Brunswick and Nova Scotia, after securing a $6.8-million seed round from a range of investors, including former senior executives from top Canadian financial institutions.

Designed by personal finance and technology experts, the service allows Canadians to create a free financial plan by answering 30-40 simple questions within three minutes, aimed at maximizing their investment potential, minimizing their borrowing costs, and financially protecting themselves and their family.

"Eric Arnold commented “basically no one knows what they need to do on a monthly basis to maintain their lifestyle in retirement,” and since only 1% of the population currently have access to a financial advisor, the company aims to help the wider Canadians save more towards their retirement through better planning."

Planswell CEO and co-founder, Eric Arnold, commented “basically no one knows what they need to do on a monthly basis to maintain their lifestyle in retirement,” and since only 1% of the population currently have access to a financial advisor, the company aims to help the wider Canadians save more towards their retirement through better planning.

map4
Subscribe to receive insights delivered straight to your inbox
Latest news, unbiased expert analysis and insights across banking and finance