About 247 Money
247 Money is a company based in Manchester (United Kingdom) founded in 2018 by Reg Rix and Louis Rix. 247 Money offers products and services including Car Finance and Financial Support. 247 Money operates in a competitive market with competitors including Blue Motor Finance, Startline Motor Finance, JBR Capital, S&U and Go Car Credit, among others.
- Headquarter Manchester, United Kingdom
- Founders Reg Rix, Louis Rix
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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
Locked
- Legal Name 247 Money Group Limited
- Date of Incorporation 29 Sep, 2017
- Jurisdiction MANCHESTER, UNITED KINGDOM
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Annual Revenue
$3.07 M (USD)34as on Jun 30, 2021
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Net Profit
-$520.54 K (USD)-117as on Jun 30, 2022
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EBITDA
-$670.98 K (USD)-123as on Jun 30, 2022
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Latest Funding Round
Not available
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Investors
NatWest
& 1 more
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Employee Count
Not available
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Products & Services of 247 Money
247 Money offers a comprehensive portfolio of products and services, including Car Finance and Financial Support.
Provides loans for vehicle purchases with flexible repayment options.
Assists customers with payment changes and cost of living issues.
Funding Insights of 247 Money
Investors in 247 Money
247 Money has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include NatWest and East Lodge Capital.
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Commercial bank
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Investor details for 247 Money
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Investments & Acquisitions by 247 Money
Investment portfolio details for 247 Money
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Financial Statements - 247 Money
Detailed financials for 247 Money
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247 Money Comparisons
Peer comparison for 247 Money
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Competitors of 247 Money
247 Money 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 Blue Motor Finance, Startline Motor Finance, JBR Capital, S&U and Go Car Credit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Auto loans are offered to vehicle purchasers in the UK.
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Automobile loans are provided to UK vehicle buyers.
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Auto loans and vehicle financing are provided in the UK.
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Provider of specialist motor finance and bridging loans
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Auto loans are provided to UK vehicle buyers.
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Detailed competitors of 247 Money
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Latest news on 247 Money
Complete news archive for 247 Money
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Frequently Asked Questions about 247 Money
247 Money was founded in 2018 and raised its 1st funding round 3 years after it was founded.
247 Money is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Reg Rix is the current CEO of 247 Money. They have also founded this company.
Annual revenue of 247 Money is $3.07M as on Jun 30, 2021.
247 Money was established in 2018 in Manchester, United Kingdom, within the financial services sector. Car loans are extended to individuals for vehicle purchases and related needs. Operations are centered in the UK, where straightforward financing solutions are delivered through an online platform. The company is co-founded by Reg Rix, serving as CEO, and Louis Rix, with a focus on efficient loan processing for borrowers.
247 Money's top competitors include JBR Capital, Startline Motor Finance and S&U.
247 Money offers Car Finance and Financial Support.
247 Money has 2 investors. Key investors include NatWest, and East Lodge Capital.