About 24Approved
24Approved is a company based in Mornington (Australia) founded in 2023. It operates as a B2B. 24Approved offers products and services including Chattel Mortgage, Lease, and Rent-to-Buy. 24Approved operates in a competitive market with competitors including APOSITIVE, MyAssetPay and The Finance Group Truck Finance, among others.
- Headquarter Mornington, Australia
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of 24Approved
24Approved offers a comprehensive portfolio of products and services, including Chattel Mortgage, Lease, and Rent-to-Buy. 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.
Finance for purchasing business assets like vehicles
Equipment leasing with flexible repayment options
Option to rent equipment before ownership
Funding Insights of 24Approved
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by 24Approved
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - 24Approved
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
24Approved Comparisons
Competitors of 24Approved
24Approved 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 APOSITIVE, MyAssetPay and The Finance Group Truck Finance, 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 |
Offers funding, payroll, and back office solutions for workforce industries globally.
|
|
| domain | founded_year | HQ Location |
Offers loans secured by personal assets for quick funding access.
|
|
| domain | founded_year | HQ Location |
Provides truck and equipment finance services with quick approvals and promotions.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about 24Approved
When was 24Approved founded?
24Approved was founded in 2023.
Where is 24Approved located?
24Approved is headquartered in Mornington, Australia. It is registered at Mornington, Victoria, Australia.
What does 24Approved do?
24Approved is a finance broker specializing in business loans from 10,000 to 500,000 for vehicles, trucks, and equipment. They offer products like chattel mortgages, leases, and rent-to-buy options, assisting new businesses and various industries with fast approvals and personalized service. Operating Australia-wide, they cater to sectors including transport and construction, ensuring affordable repayments and expert advice.
Who are the top competitors of 24Approved?
24Approved's top competitors include APOSITIVE, MyAssetPay and The Finance Group Truck Finance.
What products or services does 24Approved offer?
24Approved offers Chattel Mortgage, Lease, and Rent-to-Buy.