Refresh Financial Ranks No.19 on the 2017 Startup 50

– PROFIT and Canadian Business release list of Canada's Top New Growth Companies –

KELOWNA, BC, Sept. 15, 2017 /CNW/ - Canadian Business and PROFIT today ranked Refresh Financial No. 19 on the 2017 STARTUP 50 ranking of Canada's Top New Growth Companies. Serving as a companion list to the longstanding PROFIT 500 ranking of Canada's Fastest-Growing Companies and produced as a joint venture between Canada's premier business and current affairs media brands, the STARTUP 50 ranks younger companies on two-year revenue growth. STARTUP 50 winners are profiled in the October issue of Maclean's magazine and online at

Refresh Financial made the 2017 Startup 50 list with two-year revenue growth of 705%. Last year, Refresh ranked third with revenue growth of 1,948%.

"Refresh is proud to again be recognized in the Startup 50 ranking, this time amongst two other Kelowna-based startups," says CEO Michael Wendland. "Being featured in back-to-back years is a testament to our company's focus and determination in building a strong service-oriented financial solution to the underbanked in Canada.  We are excited to continue growing our brand through the launch of additional products and partnerships in the near future." He added, "this confirms the great startup culture that's brewing in Kelowna."

"This year's STARTUP 50 winners are truly remarkable. Not only have they brought new offerings to market, they've earned enough traction to grow their revenues exponentially in a very short period of time," says Deborah Aarts, STARTUP 50 and PROFIT 500 program manager. "Any aspiring entrepreneur should look to them for insight into how to create, and grow, a thriving startup today."

About Refresh Financial
Refresh Financial provides financial tools that help underserved Canadians gain long-term access to affordable forms of credit. Since 2013, the Secured Savings Loan, the first product of its kind in Canada, continues to enable clients to build credit and savings at the same time. With over 1,500 referral partner locations across the country and their digitally-based financial training program, Refresh f.i.t., Canadians have access to the tools to help them achieve long term financial success.

For more information, visit

About the STARTUP 50 and PROFIT 500
Ranking Canada's Top New Growth Companies by two-year revenue growth, the STARTUP 50 profiles the fastest-growing startups in the country. It is a companion list to the PROFIT 500 ranking of Canada's Fastest-Growing Companies, which has, for 29 years, been Canada's most respectable and influential ranking of entrepreneurial achievement. Both the STARTUP 50 and PROFIT 500 are published in Maclean's magazine and at For more information on the ranking visit or

About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at

SOURCE Refresh Financial

For further information: Refresh Financial Inc., Michael Wendland, Chief Executive Officer, 250-864-1192,


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