About E-LOAN
E-LOAN is a company based in Rosemont (United States) founded in 1997 was acquired by Popular in August 2005.. E-LOAN has raised $25.4 million across 5 funding rounds from investors including Banco Popular, Yahoo Japan and Vemanti Group. E-LOAN offers products and services including Personal Loans and Customer Support.
- Headquarter Rosemont, United States
- Stage Public
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Popular Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25.4 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Banco Popular
& 7 more
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Employee Count
Employee Count
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Acquired by
Popular
(Aug 03, 2005)
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Products & Services of E-LOAN
E-LOAN offers a comprehensive portfolio of products and services, including Personal Loans and Customer Support. 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.
Personal loans are serviced by System & Services Technologies, Inc., focusing on account management for existing customers
Customer support is provided through toll-free telephone channels for inquiries related to loans and security matters
Funding Insights of E-LOAN
E-LOAN has successfully raised a total of $25.4M across 5 strategic funding rounds. 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 5
- Last Round Last Round
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Post-IPO - E-LOAN | Valuation |
investors |
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| Dec, 2001 | Amount | Post-IPO - E-LOAN | Valuation |
investors |
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| Apr, 2000 | Amount | Post-IPO - E-LOAN | 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in E-LOAN
E-LOAN has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Banco Popular, Yahoo Japan and Vemanti Group. 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 are made in US life sciences and energy companies.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location | |
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Private equity investment firm
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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 E-LOAN
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - E-LOAN
| 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 |
E-Loan Comparisons
Competitors of E-LOAN
| 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.
|
Frequently Asked Questions about E-LOAN
When was E-LOAN founded?
E-LOAN was founded in 1997.
Where is E-LOAN located?
E-LOAN is headquartered in Rosemont, United States. It is registered at Rosemont, Illinois, United States.
Who is the current CEO of E-LOAN?
Richard Carrion Rexach is the current CEO of E-LOAN.
Is E-LOAN a funded company?
E-LOAN is a funded company, having raised a total of $25.4M across 5 funding rounds to date. The company's 1st funding round was a Post-IPO of $40M, raised on Jun 01, 1997.
What does E-LOAN do?
E-LOAN was founded in 1997 in Rosemont, United States, as an online platform in the financial services sector. Mortgages, refinancing, personal loans, auto loans, savings accounts, CDs, and other investment products are offered through its digital services. Operations focus on consumer lending and savings solutions. The company was acquired by Popular Inc., parent of Banco Popular, for approximately 300 million in cash.
What products or services does E-LOAN offer?
E-LOAN offers Personal Loans and Customer Support.
Who are E-LOAN's investors?
E-LOAN has 8 investors. Key investors include Banco Popular, Yahoo Japan, Vemanti Group, SoftBank, and Technology Partners.