UseMyBank
Two Toronto, ON, business partners need a million dollars for their online payment service.
The ask
C$1,000,000 for 5%
Stated on air as “1M for 5%”
On-air result
Turned the offer down
Pitched by: Brian Crozier & Joseph Iuso
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From the show
The Dragons' Den Canada pitch
- C$1M
- Asked for
- 5%
- Equity offered
- C$20M
- Implied valuation
- S5 · Ep 11
- Season
Two Toronto, ON, business partners need a million dollars for their online payment service.
Brian Crozier & Joseph Iuso from Toronto, ON entered the Den in Season 5, episode 11 and asked the Dragons for C$1,000,000 in exchange for 5% of the business.
The founders turned down the offer on the floor.
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