About Advans Group
Advans Group is a company based in Paris (France) founded in 2005.. Advans Group has raised $1.14 million across 4 funding rounds from investors including Norfund, University of Helsinki and FMO. Advans Group offers products and services including Microcredit, Savings Accounts, and Insurance Products. Advans Group operates in a competitive market with competitors including Gojo, OXUS and groupacep, among others.
- Headquarter Paris, France
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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
*********
- Legal Name Advans
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.14 M (USD)
in 4 rounds
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Latest Funding Round
$11.57 M (USD), Debt – Conventional
Oct 12, 2021
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Investors
Norfund
& 4 more
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Employee Count
Employee Count
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Products & Services of Advans Group
Advans Group offers a comprehensive portfolio of products and services, including Microcredit, Savings Accounts, and Insurance Products. 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.
Provides funding for business operations and equipment purchases
Offers accounts for daily financial management and future planning
Delivers coverage for emergencies and business risks
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Funding Insights of Advans Group
Advans Group has successfully raised a total of $1.14M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $11.57 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $11.6M
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First Round
First Round
(03 Feb 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Debt – Conventional - Advans Group | Valuation |
investors |
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| Oct, 2020 | Amount | Private Equity Round - Advans Group | Valuation | FMO |
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| Jun, 2015 | Amount | Seed - Advans Group | 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 Advans Group
Advans Group has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Norfund, University of Helsinki and FMO. 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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Investments in sustainable development projects in developing countries.
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Founded Year | Domain | Location | |
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Founded Year | Domain | Location | |
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It invests in developing countries to create jobs and improve lives
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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 Advans Group
| 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 - Advans Group
| 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 |
Advans Group Comparisons
Competitors of Advans Group
Advans Group 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 Gojo, OXUS and groupacep, 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 |
Microcredit is extended to individuals and businesses in need.
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| domain | founded_year | HQ Location |
Micro-credit services are provided by OXUS to support financial inclusion.
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| domain | founded_year | HQ Location |
Provider of crop micro financing services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Advans Group
Frequently Asked Questions about Advans Group
When was Advans Group founded?
Advans Group was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Where is Advans Group located?
Advans Group is headquartered in Paris, France.
Who is the current CEO of Advans Group?
Steven Duchatelle is the current CEO of Advans Group.
Is Advans Group a funded company?
Advans Group is a funded company, having raised a total of $1.14M across 4 funding rounds to date.
What does Advans Group do?
Advans was established in 2005 as a cooperative in Paris, France, focusing on the microfinance sector. Microcredit loans and savings accounts are offered to low-income individuals across various regions. Operations emphasize financial inclusion through accessible services tailored to underserved populations. The organization is led by CEO Steven Duchatelle and maintains an online presence at advansgroup.com.
Who are the top competitors of Advans Group?
What products or services does Advans Group offer?
Advans Group offers Microcredit, Savings Accounts, and Insurance Products.
Who are Advans Group's investors?
Advans Group has 5 investors. Key investors include Norfund, University of Helsinki, FMO, Finnfund, and Triodos Investment Management.