About Amber Financial
Amber Financial is a company based in Richmond (Canada) founded in 2015.. Amber Financial has raised $3.83 million across 1 funding round. The company has 13 employees as of December 31, 2024. Amber Financial operates in a competitive market with competitors including Mogo, DIVINE-INVEST, My Magic Loan, Solvncii and Give me Cash to Go, among others.
- Headquarter Richmond, Canada
- Employees 13 as on 31 Dec, 2024
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.83 M (USD)
in 1 rounds
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Latest Funding Round
$3.83 M (USD), Seed
Jul 11, 2016
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Investors
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Employee Count
13
as on Dec 31, 2024
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Funding Insights of Amber Financial
Amber Financial has successfully raised a total of $3.83M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.83 million completed in July 2016. 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 1
- Last Round Seed — $3.8M
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First Round
First Round
(11 Jul 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Seed - Amber Financial | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Amber Financial
| 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 - Amber Financial
| 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 |
Amber Financial Comparisons
Competitors of Amber Financial
Amber Financial 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 Mogo, DIVINE-INVEST, My Magic Loan, Solvncii and Give me Cash to Go, 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 |
Personal loans and lines of credit are provided by Mogo.
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| domain | founded_year | HQ Location |
Provides personal loan solutions for various financial needs.
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| domain | founded_year | HQ Location |
Operates an online platform for consumer loan services.
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| domain | founded_year | HQ Location |
Offers a digital platform for personalized financial solutions and management.
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| domain | founded_year | HQ Location |
Provides quick loans without credit checks to Canadians in emergencies.
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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 Amber Financial
Frequently Asked Questions about Amber Financial
When was Amber Financial founded?
Amber Financial was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Amber Financial located?
Amber Financial is headquartered in Richmond, Canada. It is registered at Richmond, British Columbia, Canada.
Is Amber Financial a funded company?
Amber Financial is a funded company, having raised a total of $3.83M across 1 funding round to date. The company's 1st funding round was a Seed of $3.83M, raised on Jul 11, 2016.
How many employees does Amber Financial have?
As of Dec 31, 2024, the latest employee count at Amber Financial is 13.
What does Amber Financial do?
Amber Financial was founded in 2015 in Richmond, Canada, operating in the fintech lending sector. Personal loans up to 50,000 are provided for terms of 3 to 36 months at fixed rates from 5.9 to 22.17, with the process conducted entirely online. Mortgages and second mortgages are also available for home buyers, requiring some human involvement. Focus is placed on immigrants lacking credit history.
Who are the top competitors of Amber Financial?
Amber Financial's top competitors include Mogo, DIVINE-INVEST and My Magic Loan.