FundedIQ
Financial Services

Hutsy: Funding, Investors & Team (Aug 2026)

A provider of financial services, Hutsy Financial offers tools for credit building, early paycheck access, and mobile banking. We offer our users a prepaid debit card through a cooperation with Peoples Trust. In addition, we offer cash back on all purchases, expenditure analysis, and categorizations to give you important information about how you spend your money. Hutsy recently appeared on CBC's Dragons Den, where we raised $500,000 in pre-seed capital to launch our product.

hutsy.ca LinkedIn Toronto, Canada 1-10 employees
FinTech B2C
Total raised
$730k
Rounds
1
Latest
Pre-Seed
Nov 2022

Hutsy has raised $730k across 1 funding round on record, the most recent a Pre-Seed of $730k announced in Nov 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Hutsy Company Profile and Key Stats

Total funding raised
$730k
across 1 round on record
Funding rounds on record
1
Latest funding round
Pre-Seed
$730k in Nov 2022
Employees
1-10
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Nov 2022.

Hutsy Funding Rounds

Date
Round
Amount
Pre-Seed
$730k

Hutsy Founders and Leadership Team

Name
Role
Contact
Tefari Bailey
CEO
Locked

Contact details for the Hutsy team: 1 of 1 has an email address on file.

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Hutsy Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
3,081
$2.2M
5,801
$600K

Hutsy's latest round of $730k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Hutsy Funding FAQs

What does Hutsy do?

A provider of financial services, Hutsy Financial offers tools for credit building, early paycheck access, and mobile banking. We offer our users a prepaid debit card through a cooperation with Peoples Trust. In addition, we offer cash back on all purchases, expenditure analysis, and categorizations to give you important information about how you spend your money. Hutsy recently appeared on CBC's Dragons Den, where we raised $500,000 in pre-seed capital to launch our product.

How much funding has Hutsy raised?

Hutsy has raised $730k across 1 round on record. The most recent is a Pre-Seed of $730k announced in Nov 2022.

When did Hutsy last raise funding?

Hutsy's most recent funding round on record is a Pre-Seed of $730k, announced in Nov 2022.

Who is the CEO of Hutsy?

Tefari Bailey is listed as CEO at Hutsy.

Where is Hutsy headquartered?

Hutsy is based in Toronto, Ontario, Canada.

How many employees does Hutsy have?

Hutsy is in the 1-10 employee band.

How does Hutsy's funding compare to other Financial Services startups?

Hutsy's latest round of $730k is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Hutsy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Hutsy is left off this page rather than filled in.

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