Advance America

Greenville, United States Founded: 1997 • Age: 29 yrs Acquired By Grupo Elektra
Online platform for consumer loans
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 2617 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Advance America

Advance America is a company based in Greenville (United States) founded in 1997 was acquired by Grupo Elektra in February 2012. The company has 2,617 employees as of December 31, 2022. Advance America operates in a competitive market with competitors including SoFi, Moneylion, Avant, Upgrade and Earnest, among others.

  • Headquarter Greenville, United States
  • Employees 2617 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Advance America, Cash Advance Centers, Inc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    2617

    as on Dec 31, 2022

  • Acquired by
    Grupo Elektra

    (Feb 15, 2012)

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Funding Insights of Advance America

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Detailed funding history for Advance America

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Investors in Advance America

Advance America has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Grupo Elektra.

All
Institutional
Investor Description Founded Year Domain Location
Short-term loans and banking services are provided for commercial customers.
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Investor details for Advance America

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Investments & Acquisitions by Advance America

Investments
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Investment portfolio details for Advance America

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Financial Statements - Advance America

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Detailed financials for Advance America

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Advance America Comparisons

Advance America Primary company
Description
Online platform for consumer loans
Location
Greenville, United States
Founded Year
1997
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2,617
As of 2022
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Peer comparison for Advance America

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Competitors of Advance America

Advance America 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 SoFi, Moneylion, Avant, Upgrade and Earnest, among others.

Company Name Domain Founded year HQ Location Description
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Various consumer loans and financial services are offered online.
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Instant consumer loans and mobile banking are offered online.
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Consumer loans are facilitated via an online platform.
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Consumer credit and banking products are offered to individuals.
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Student loan refinancing and personal loans are offered by Earnest.
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Online platform for consumer loans
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Detailed competitors of Advance America

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Latest news on Advance America

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Complete news archive for Advance America

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Frequently Asked Questions about Advance America

Advance America was founded in 1997.

Advance America is headquartered in Greenville, United States.

As of Dec 31, 2022, the latest employee count at Advance America is 2,617.

Advance America was founded in 1997 in Greenville, United States, and functions as an online platform within the consumer lending sector. A range of loan products is provided, including payday loans, installment loans, credit lines, personal loans, and title loans. Eligibility is evaluated based on income statements, credit scores, and specified loan terms. Repayments are processed via credit or debit cards and bank transfers, supporting operations across the United States.

Advance America's top competitors include SoFi, Avant and Moneylion.

Advance America has 1 investor. Key investors include Grupo Elektra.

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