Michael Garrity

Pioneer
DISC Type : sdi

Venture Partner at Exit North Ventures

Toronto, Ontario, Canada

Overview

Michael Garrity is the Co-Founder and Executive Chair of Financeit, Canadas largest point-of-sale financing platform. Also a Venture Partner at Exit North Ventures, he is a fintech veteran with deep expertise in M&A, strategic planning, and corporate development. People who have worked with him describe him as a strong, energetic leader with great vision.

Outside of his primary roles, Michael is highly active in the broader business community, serving on the boards of both for-profit and non-profit organizations, including the Canadian Lenders Association. He is passionate about supporting entrepreneurs and has mentioned an interest in learning Spanish to flex his brain in new ways.

He started Financeit out of his dining room, growing it from a peer-to-peer lending concept into a market leader in the home improvement financing space.

Personality Overview

Driven But Considerate

Decisive But Friendly

Friendly But Fast

If they are convinced, they can become very strong champions for your product  They combine a unique set of diverse traits where they are fast and friendly but can slow down to be thorough when needed They have the unique ability to win both love and respect from their team (or outsiders)

Topics They Care About

Fintech Innovation
As the founder of Financeit and a Venture Partner at Exit North Ventures, he is deeply invested in creating and funding the next generation of Canadian fintech companies.
Embedded Finance
He is a frequent speaker on financial technology, including at the Canadian Lenders Association annual event on the specific topic of Embedded Finance.
Point of Sale Financing
He founded and scaled Financeit to become Canada's largest POS financing provider for the home improvement industry, a sector he remains deeply involved in.

Media Appearances

Canadian Fintech Leaders Launch Exit North Ventures, a New $20 Million Fund. Featured in FinTech.ca

See Now

Michael Garrity on Building Tech in a Turbulent Environment. Featured in Glory Media

See Now

Father‑son Schwartz duo team up with FinTech founders to launch Exit North Ventures. Featured in Betakit

See Now

Work History

8-2024
Venture Partner at Exit North Ventures
6-2024
Member Board of Directors at Foundation Finance Company LLC
1-2024
Executive Chair at Financeit
11-2010 - 1-2024
CEO at Financeit
1-2007 - 5-2012
CEO and Founder at Financeit

Education

1992 - 1993
BA (Hon) from Carleton University
1987 - 1990
BA from University of Manitoba

More Information

Social Presence :

Prographics :

Exp : 19 Location : Toronto, Ontario, Canada Job Level : Junior Designation : Venture Partner at Exit North Ventures
URL has been copied!

Insights For Selling To Michael

During A Call Or A Meeting

DO's

  • Build a trustworthy relationship while keeping the product center-stage
  • During followups, use calls or text if needed, they should be fine
  • Ask them for a lunch or coffee once some rapport has been established

DONT's

  • Avoid focusing only on the product or its ROI, keep building trust subtly
  • Don’t hesitate from asking questions or pushing them, but take a formal approach
  • Don't lean very heavily into providing too much information, sharing whitepapers etc.

When Cold Calling

When Writing An Email

While Negotiating & Closing

    The secret to closing fast with Michael is

  • Nothing less than a strong combination of proof of results, relationship and high levels of professionalism is effective with them.
  • Will you ever get a clear answer from Michael

  • They can say no while staying friendly, but can also be pursuaded to reconsider

Insights For Deal Planning

    How fast (or slow) will Michael move?

  • They are generally fast movers and can take quick decisions
  • Can Michael take some risk or not?

  • They have high risk-appetite but can get ahead of themselves once in a while. Observe carefully

You And Michael

Personality Compatibility


More Profiles

Discover additional public profiles from our index.

Search more profiles

Looking for someone else? Search here for anyone.

Or visit Humantic AI to know more.