Simply Group: Wafra-Owned Financeit Purchases Simply Group Financial

Toronto-based Financeit is a loan business in Canada that was acquired by Wafra Capital Partners, which is owned by Kuwait's Public Institution for Social Security Fund (PIFSS). In 2022, Wafra Capital Partners rebranded to InterVest Capital Partners. On June 26, 2023, Financeit Canada Inc. expanded its share of the Canadian home improvement financing market by...