About ACE Cash Express
ACE Cash Express is a company based in Irving (United States) founded in 1968 was acquired by JLL Partners in October 2006.. The company has 2,528 employees as of December 31, 2022. ACE Cash Express operates in a competitive market with competitors including Credit Genie, LendUp, Monet, ZestCash and PaydaySay, among others.
- Headquarter Irving, United States
- Employees 2528 as on 31 Dec, 2022
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ace Cash Express, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$165 M (USD), Debt – Conventional
Apr 02, 2013
-
Investors
Bank of America
& 7 more
-
Employee Count
2528
as on Dec 31, 2022
-
Acquired by
JLL Partners
(Oct 05, 2006)
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
Funding Insights of ACE Cash Express
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $165.0M
-
First Round
First Round
(02 Apr 2003)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2013 | Amount | Debt – Conventional - ACE Cash Express | Valuation |
investors |
|
| Apr, 2003 | Amount | Debt – Conventional - ACE Cash Express | Valuation |
investors |
| 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 |
Investors in ACE Cash Express
ACE Cash Express has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Bank of America, US Bank and JPMorgan Chase. 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 |
|---|---|---|---|---|
|
JLL Partners is engaged in middle-market business transformation and investment.
|
Founded Year | Domain | Location | |
|
Financial services are provided to consumers and corporations worldwide.
|
Founded Year | Domain | Location | |
|
Diverse financial services and online banking are provided to clients.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ACE Cash Express
| 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 - ACE Cash Express
| 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 |
Ace Cash Express Comparisons
Competitors of ACE Cash Express
ACE Cash Express 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 Credit Genie, LendUp, Monet, ZestCash and PaydaySay, 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 |
Consumer debt management solutions are provided through an app-based platform.
|
|
| domain | founded_year | HQ Location |
Payday loans are connected via an online consumer-lender platform.
|
|
| domain | founded_year | HQ Location |
Note-taking platform is provided by Monet for digital users.
|
|
| domain | founded_year | HQ Location |
Payday loans are matched online between borrowers and lenders.
|
|
| domain | founded_year | HQ Location |
Provides instant loans and financial assistance through a user-friendly app.
|
| 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.
|
Latest news on Ace Cash Express
Frequently Asked Questions about ACE Cash Express
When was ACE Cash Express founded?
ACE Cash Express was founded in 1968 and raised its 1st funding round 35 years after it was founded.
Where is ACE Cash Express located?
ACE Cash Express is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
How many employees does ACE Cash Express have?
As of Dec 31, 2022, the latest employee count at ACE Cash Express is 2,528.
What does ACE Cash Express do?
Online platform for payday loans. It offers loans to users that can be repaid on the salary day. It provides loans with customized terms, amounts, terms, and repayment options. Users must add the required details and apply for the loan. Once approved, the funds are transferred to the registered bank account.
Who are the top competitors of ACE Cash Express?
ACE Cash Express's top competitors include Credit Genie, LendUp and ZestCash.
Who are ACE Cash Express's investors?
ACE Cash Express has 8 investors. Key investors include Bank of America, US Bank, JPMorgan Chase, Wells Fargo, and Simmons Bank.