Emerging and High Growth Companies

Luge Capital in its US$2.9 million financing to Aya Payments

Luge Capital
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

 

On November 21, 2020, Aya Payments completed its US$2.9 million financing led by Luge Capital, MaRS IAF, Anthemis, BDC Capital, StandUp Ventures and private investors. Aya Payments builds payment tools and programs for employee benefits packages. The investment will provide easier solutions that will allow employees to access their health benefits easier and more self-serving to the their needs, and will also improve Aya’s expansion into the U.S. market.

Luge Capital is a FinTech-focused venture capital fund focused on investing in early-stage teams shaping the way the world experiences financial services.

Aya is a healthcare payments focused company working towards a mission to build customer focused products that make lives easier for all.

Osler, Hoskin & Harcourt LLP advised Luge Capital with a team consisting of Chad Bayne, Gary Marshall and Theresa Donkor (Emerging and High Growth Companies).

Value
US$2.9 million
Date Closed
November 21, 2020
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto