Transaction · Neobank · 2025

EQB / PC Financial 2025

EQB Inc. acquired PC Financial on December 3, 2025.

Target
PC Financial
Acquirer
EQB Inc.
Announced
December 3, 2025
Sub-sector
Neobank

Transaction overview

  • EQB Inc. announced the acquisition of PC Financial on December 3, 2025.

Strategic rationale

Expands EQB into credit-card market with 2.5M customers and $5.8B in assets; adds payments capabilities to digital banking platform.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 3, 2025
Acquirer
EQB Inc. (Strategic)
Sub-sector
Neobank

Sources

  • theglobeandmail.com /investing/markets/inside-the-market/article-small-caps-to-watch-d2l-earnings-preview-deals-from-eqb-and-canfor/