About Close Brothers Retail Finance
Close Brothers Retail Finance is a company based in London (United Kingdom) founded in 2014 was acquired by Klarna in September 2018.. The company has 2,691 employees as of July 31, 2022. Close Brothers Retail Finance operates in a competitive market with competitors including Klarna, Afterpay, Zilch, Laybuy and DivideBuy, among others.
- Headquarter London, United Kingdom
- Employees 2691 as on 31 Jul, 2022
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Close Brothers Limited
- Date of Incorporation 09 Feb, 1924
- Jurisdiction LONDON
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 Close Brothers Retail Finance
| 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 Close Brothers Retail Finance
Close Brothers Retail Finance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Klarna. 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 |
|---|---|---|---|---|
|
Point-of-sale financing is facilitated through an online platform for purchases.
|
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 Close Brothers Retail Finance
| 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 - Close Brothers Retail Finance
| 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 |
Close Brothers Retail Finance Comparisons
Competitors of Close Brothers Retail Finance
Close Brothers Retail Finance 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 Klarna, Afterpay, Zilch, Laybuy and DivideBuy, 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 |
Point-of-sale financing is facilitated through an online platform for purchases.
|
|
| domain | founded_year | HQ Location |
A buy now pay later service is offered by Afterpay.
|
|
| domain | founded_year | HQ Location |
Direct-to-consumer ad-subsidised payments network
|
|
| domain | founded_year | HQ Location |
App-based platform for point of sale financing
|
|
| domain | founded_year | HQ Location |
Interest-free credit is offered for consumer purchases via retail partners.
|
|
| domain | founded_year | HQ Location |
POS financing solutions are offered to businesses through monthly subscriptions.
|
| 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 Close Brothers Retail Finance
Frequently Asked Questions about Close Brothers Retail Finance
When was Close Brothers Retail Finance founded?
Close Brothers Retail Finance was founded in 2014.
Where is Close Brothers Retail Finance located?
Close Brothers Retail Finance is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Close Brothers Retail Finance?
Alex Marsh is the current CEO of Close Brothers Retail Finance.
How many employees does Close Brothers Retail Finance have?
As of Jul 31, 2022, the latest employee count at Close Brothers Retail Finance is 2,691.
What does Close Brothers Retail Finance do?
Online platform for point of sale financing. It offers a solution that enables offline and online retailers to provide end customers with purchase finance solutions. Buyers must signup on the platform and apply for the loans. Once approved, the user can purchase the item by paying a deposit and repay the balance in monthly installments.
Who are the top competitors of Close Brothers Retail Finance?
Who are Close Brothers Retail Finance's investors?
Close Brothers Retail Finance has 1 investor. Key investors include Klarna.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.