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Michael Garrity on the TechTO stage

Michael Garrity

Co-founder & Executive Chair, Financeit

FintechTorontoOn TechTO stages since 2023

Michael Garrity co-founded Financeit in 2011 and ran it as CEO until November 2023, when co-founder Casper Wong took over and Garrity became executive chair of the board. Financeit provides point-of-sale financing to Canadian home-improvement, retail and powersports merchants. He told the full story on TechTO's Founder Journey podcast in August 2023.

On the TechTO stage ×1

First seen on the TechTO stage in 2023. Every talk is searchable — ask the archive about Michael

In their words

The difference between politics and entrepreneurship is that if you do solve a problem, you get paid for it as opposed to just getting reelected.

TechTO Founder Journey, Aug 2023 · watch at 01:42

The fact that no one had done it was probably because it was a really terrible time to do it.

TechTO Founder Journey, Aug 2023 · watch at 12:31
A few quotes can’t cover everything Michael said on the TechTO stage. 1,600+ talks are searchable.Ask about Michael

More from TechTO ×5

Around the web ×1

Quick answers

Is Michael Garrity still CEO of Financeit?

No. Financeit announced in November 2023 that co-founder Casper Wong would succeed him as CEO and that Garrity would move to executive chair of the board.

What does Financeit do?

Point-of-sale financing: it lets merchants in home improvement, retail and powersports offer their customers monthly payment plans at the point of sale. Founded in Toronto in 2011.

Where can I hear his founder story?

On TechTO's Founder Journey podcast, recorded August 2023 — a full-length episode on building Financeit through the years either side of the 2008 credit crunch.

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Maintained by TechTO · facts sourced and dated · last reviewed Jul 30, 2026