VersaBank
140 Fullarton Street, Suite 2002, London, Ontario, N6A 5P2, Canada
Overview
VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world’s first fully digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Banking
- Financial Services
- Lending
Investment portfolio
- Stablecorp
Led · Equity · Feb 2021
Stablecorp develops infrastructure that bridges regulated finance with blockchain technology, focusing on compliant, bank-grade digital money rails. Its flagship product, QCAD, is a Canadian dollar stablecoin backed 1:1 by cash reserves held in an arms-length trust with daily transparency reports and monthly third-party attestations. QCAD is positioned for use cases such as on-chain foreign exchange, instant cross-border payments and capital-markets settlement. The company’s strategy centers on making digital dollars a mainstream payment rail for both consumers and businesses. New funding is earmarked to accelerate QCAD’s rollout and broaden Stablecorp’s digital capital-markets infrastructure. Stablecorp previously announced a round earlier in 2025 led by Coinbase Ventures, underscoring ongoing investor support.
Team
David R. Taylor
Founder
LinkedIn