First Citizen Finance

Dublin, Ireland Founded: 2012 • Age: 14 yrs Acquired By Magnetar
Asset finance solutions are provided for consumers and businesses.
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About First Citizen Finance

First Citizen Finance is a company based in Dublin (Ireland) founded in 2012 was acquired by Magnetar in June 2017.. First Citizen Finance offers products and services including Motor Finance, Agri Finance, CRE Finance, and Equipment Finance. First Citizen Finance operates in a competitive market with competitors including Avant Money, among others.

  • Headquarter Dublin, Ireland
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name First Citizen Finance Dac
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $207.44 M (USD), Debt – Conventional

    Dec 06, 2020

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Magnetar

    (Jun 01, 2017)

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Products & Services of First Citizen Finance

First Citizen Finance offers a comprehensive portfolio of products and services, including Motor Finance, Agri Finance, CRE Finance, and Equipment Finance. 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.

Primary

Provides loans for purchasing and maintaining motor vehicles.

Offers funding for agricultural equipment and operations.

Delivers financing solutions for commercial real estate projects.

Supports financing for business equipment acquisitions.

Funding Insights of First Citizen Finance

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $207.4M
  • First Round

    (01 Jun 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2020 Amount Debt – Conventional - First Citizen Finance Valuation

investors

Jun, 2017 Amount Debt – Conventional - First Citizen Finance 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

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in First Citizen Finance

First Citizen Finance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Magnetar Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Magnetar Capital is engaged in alternative asset management.
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 First Citizen Finance

Investments
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 - First Citizen Finance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

First Citizen Finance Comparisons

Employees
+
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Competitors of First Citizen Finance

First Citizen 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 Avant Money, 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
Provides comprehensive solutions for consumer loans and financial services.
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 First Citizen Finance

Frequently Asked Questions about First Citizen Finance

When was First Citizen Finance founded?

First Citizen Finance was founded in 2012 and raised its 1st funding round 5 years after it was founded.

Where is First Citizen Finance located?

First Citizen Finance is headquartered in Dublin, Ireland.

What does First Citizen Finance do?

First Citizen Finance was established in 2012 in Dublin, Ireland, within the financial services sector. Asset finance options are extended to consumers and non-consumers, covering motor financing for new and used vehicles, agricultural funding, commercial real estate loans, and equipment finance for small and medium enterprises. Operations emphasize practical funding in agriculture, property, and business equipment across Ireland.

Who are the top competitors of First Citizen Finance?

First Citizen Finance's top competitors include Avant Money.

What products or services does First Citizen Finance offer?

First Citizen Finance offers Motor Finance, Agri Finance, CRE Finance, and Equipment Finance.

Who are First Citizen Finance's investors?

First Citizen Finance has 1 investor. Key investors include Magnetar Capital.

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