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EQB acquires PC Financial, expands customer base by 5x

RECENTLY ACQUIREDSep 26, 2026

Acquiring Company

EQB

Acquired Company

PC Financial

NetherlandsTorontoFinancial ServicesFinanceBankingFinancial ServicesLendingBanking

Description

EQB has officially acquired PC Financial, marking a significant expansion in its customer reach and service offerings. The acquisition adds approximately 4 million customers to EQB's portfolio, quintupling its previous base. It also grants EQB exclusive access to the PC Optimum loyalty program ecosystem, which encompasses 18 million Canadians. The company plans to focus on seamless integration while enhancing customer experience.

Company Information

Company

EQB

Location

Netherlands

About

EQB Inc. and its subsidiaries are driving change in Canadian banking to enrich people's lives. EQB Inc. trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C) and has nearly $108 billion in combined assets under management and administration as of June 30, 2023. The wholly owned subsidiary of EQB, Equitable Bank, Canada's Challenger BankTM, is the seventh largest bank in Canada by assets and serves over 543,000 Canadians.

Fundz sees it the moment EQB makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired PC Financial?

PC Financial was acquired by EQB, based in Netherlands. The deal was reported on September 26, 2026. EQB Inc. and its subsidiaries are driving change in Canadian banking to enrich people's lives. EQB Inc. EQB is privately held and operates in Financial Services.

When did EQB acquire PC Financial?

EQB's acquisition of PC Financial was reported on September 26, 2026. EQB has officially acquired PC Financial, marking a significant expansion in its customer reach and service offerings. The acquisition adds approximately 4 million customers to EQB's portfolio, quintupling its previous base. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PC Financial do?

PC Financial is a financial services brand that offers banking solutions and credit products. It was created by Loblaw Companies Limited as part of its strategy to enhance customer loyalty among its shoppers. It is privately held, operating in Financial Services, and is based in Toronto.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.