What stage does Merchant Growth invest at?

Merchant Growth invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.

What sectors does Merchant Growth focus on?

Merchant Growth focuses on Fintech.

Where is Merchant Growth located?

Merchant Growth is headquartered in Vancouver, CA.

Merchant Growth

Venture debt

Vancouver · Seed–Late Stage · 18 people tracked

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Investment thesis

Merchant Growth provides fast, flexible financing to Canadian small businesses, offering term financing and lines of credit based on real cash flow and revenue rather than rigid traditional criteria. It aims to level the playing field for underdog small businesses through quick decisions, honest support, and a technology-driven approach, and complements funding with payment tools (Tabit) and a curated partner ecosystem. It has funded over 15,000 Canadian businesses and deployed more than $1 billion.

Invests inFintech Canada North America Vancouver

Source: firm website, verified Aug 3, 2026.

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Stage

Seed–Late Stage

Vancouver, BC, CA

Instruments

Debt

Founded

2009

Team · 18 people

from the firm's website

Cody Green· Board Member; Founder & Co-CEO, Canada Drives· Vancouver, British Columbia, Canadain

David Gens· Founder & CEO· Vancouver, British Columbia, Canadain

David Gens is founder and CEO of Merchant Growth, an online small business finance company with offices in Toronto and Vancouver. He has received recognition for his work in the financial services sector and in supporting Canadian small business financing.

Kevin Sandhu· Board Member; Founder, Grow Technologies· Canadain

Aaron Lightman· Chief Legal Officer· Vancouver, British Columbia, Canadain

Adriana Arteaga· Originations Associate· Greater Vancouver Metropolitan Areain

Adriana Arteaga is an Originations Associate at Merchant Growth. She holds a BBA in Marketing from Trinity Western University, with experience in marketing, social media management, and content creation, and proficiency in Microsoft Office and Google Suite.

Alex Suto· Executive VP, Operations· Vancouver, British Columbia, Canadain

Anton Markushevich· National Sales Director· Vancouver, British Columbia, Canadain

Aziz Ahmed· Executive VP, Technology· Vancouver, British Columbia, Canadain

Aziz Ahmed serves as Executive Vice President of Technology at Merchant Growth. He has experience in leadership, systems architecture, and strategic project management at a fintech startup that ranked among Vancouver's top 10 fastest growing companies for two consecutive years.

Diego Aroche· Manager of Partnerships· Vienna, Vienna, Austriain

Dimitri Kosturos· Board Member; COO, VWR Capital Corp.· Canadain

Dimitri Kosturos serves as President and CEO of VWR Capital Corp., a mortgage lender operating since 1994 that specializes in first, second, and third mortgages on residential real estate across five Canadian provinces. The firm administers over $750 million in mortgages and works with mortgage brokers, offering training support to partners.

Edmond Luk· VP of Partnerships· Greater Vancouver Metropolitan Areain

Jesse Uretsky· Sr. Account Executive· Toronto, Ontario, Canadain

Kelly Klatik· Board Member; Partner, Cypress Hills Partners· Vancouver, British Columbia, Canadain

Neil Thompson· VP of Risk Management· Vancouver, British Columbia, Canadain

Oliver Paines· Director of Operations· Vancouver, British Columbia, Canadain

Oliver Paines is Director of Operations at Merchant Growth. He has background in financial services and holds a degree from the University of Brighton, with experience in research, customer service, retail, and inventory management.

Peleg Bartfeld· President & CFO· Vancouver, British Columbia, Canadain

Sarah Lilley· Controller· Vancouver, British Columbia, Canadain

Sarah Lilley is a Chartered Professional Accountant serving as Controller at Merchant Growth Ltd. With over 20 years of experience in corporate accounting, she specializes in financial reporting, variance analysis, investor relations, and payroll management. Her background includes employee training, policy development, and process optimization across accounting functions.

Sean Watkins· VP of Marketing· Greater Toronto Area, Canadain

Sean Watkins is Vice President of Marketing at Merchant Growth Ltd., where he oversees performance marketing and brand initiatives across the company's product portfolio. With over 10 years of experience in B2B SaaS and B2B fintech marketing, he leads teams focused on customer acquisition, revenue growth, and sales-marketing alignment. His responsibilities include developing marketing strategies targeting Canadian business owners and managing brand awareness and conversion efforts.

Frequently asked questions

What stage does Merchant Growth invest at?: Merchant Growth invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Merchant Growth focus on?: Merchant Growth focuses on Fintech.
Where is Merchant Growth located?: Merchant Growth is headquartered in Vancouver, CA.

Media · Podcasts & interviews

featuring the team

Merchant Growth | Interview with David Gens - Business Funding for Success

Smarter Loans · David Gens

Financing Your Business During a Pandemic | Interview with Merchant Growth CEO, David Gens

Level Up Mortgages · David Gens

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