About 1plus1 Loans
1plus1 Loans is a company based in Accrington (United Kingdom) founded in 2013.. The company has 15 employees as of March 31, 2021. 1plus1 Loans offers products and services including Personal Loans and Guarantor Loans. 1plus1 Loans operates in a competitive market with competitors including Zopa, Plend, Amigo Loans, Oplo and Zaim Credit Systems, among others.
- Headquarter Accrington, United Kingdom
- Employees 15 as on 31 Mar, 2021
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name 1Plus1 Loans Limited
- Date of Incorporation 04 Feb, 2013
- Jurisdiction PRESCOT, MERSEYSIDE, UNITED KINGDOM
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Annual Revenue
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Net Profit
$-284.48 K (USD)-1202as on Mar 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
15
as on Mar 31, 2021
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Products & Services of 1plus1 Loans
1plus1 Loans offers a comprehensive portfolio of products and services, including Personal Loans and Guarantor Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unsecured loans for individuals to cover personal expenses up to £5,000.
Loans up to £10,000 backed by a guarantor for those with poor credit.
Funding Insights of 1plus1 Loans
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - 1plus1 Loans | Valuation |
investors |
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| May, 2018 | Amount | Series A - 1plus1 Loans | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 1plus1 Loans
1plus1 Loans has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Quilam Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Quilam Capital is engaged in providing growth capital and senior debt solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 1plus1 Loans
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 1plus1 Loans
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
1Plus1 Loans Comparisons
Competitors of 1plus1 Loans
1plus1 Loans operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zopa, Plend, Amigo Loans, Oplo and Zaim Credit Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet-first banking and loans are provided to consumers via app.
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| domain | founded_year | HQ Location |
Consumer financing is facilitated via an online lending platform.
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| domain | founded_year | HQ Location |
Guarantor loans are provided to UK consumers by Amigo Loans.
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| domain | founded_year | HQ Location |
Consumer loans are facilitated via an online application process.
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| domain | founded_year | HQ Location |
Consumer loans are provided to individuals by Zaim Credit Systems.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 1plus1 Loans
When was 1plus1 Loans founded?
1plus1 Loans was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is 1plus1 Loans located?
1plus1 Loans is headquartered in Accrington, United Kingdom. It is registered at Accrington, Lancashire, United Kingdom.
How many employees does 1plus1 Loans have?
As of Mar 31, 2021, the latest employee count at 1plus1 Loans is 15.
What does 1plus1 Loans do?
1Plus1 Loans is a direct online lender for guarantor loans ranging from GBP 500 to 5000 for periods ranging from 12 to 60 months. Tenant guarantors are also allowed, provided they have a very good credit history. The loans are fixed interest rate loans with a representative APR of 45.4, and a maximum APR of 48.3. The application process is online, with a verification call with the borrower and guarantor.
Who are the top competitors of 1plus1 Loans?
1plus1 Loans's top competitors include Zopa, Selina Finance and Ayan Capital.
What products or services does 1plus1 Loans offer?
1plus1 Loans offers Personal Loans and Guarantor Loans.
Who are 1plus1 Loans's investors?
1plus1 Loans has 1 investor. Key investors include Quilam Capital.
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