About Genesis Financial Solutions
Genesis Financial Solutions is a company based in Beaverton (United States) founded in 2001 was acquired by SMC ENTERTAINMENT LIMITED in November 2021.. Genesis Financial Solutions has raised $175.16 million across 10 funding rounds from investors including AD Investment Management, Endeavour and SMC ENTERTAINMENT LIMITED. The company has 177 employees as of December 31, 2013. Genesis Financial Solutions has completed 2 acquisitions, including The FinancialLink Group and Tidewater Finance Company. Genesis Financial Solutions offers products and services including Milestone Mastercard and Private-Label Credit Programs.
- Headquarter Beaverton, United States
- Employees 177 as on 31 Dec, 2013
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Concora Credit 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
$175.16 M (USD)
in 10 rounds
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Latest Funding Round
$2 M (USD), Series D
Feb 03, 2022
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Investors
AD Investment Management
& 2 more
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Employee Count
177
as on Dec 31, 2013
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Investments & Acquisitions
The FinancialLink Group
& 1 more
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Acquired by
SMC ENTERTAINMENT LIMITED
(Nov 22, 2021)
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Products & Services of Genesis Financial Solutions
Genesis Financial Solutions offers a comprehensive portfolio of products and services, including Milestone Mastercard and Private-Label Credit Programs. 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.
A credit card is offered to non-prime consumers for purchasing everyday products while promoting responsible credit use.
Financing solutions are provided to merchants to extend credit options to customers who are declined by traditional lenders.
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Funding Insights of Genesis Financial Solutions
Genesis Financial Solutions has successfully raised a total of $175.16M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $2 million completed in February 2022. 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 10
- Last Round Series D — $2.0M
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First Round
First Round
(30 Sep 2002)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series D - Genesis Financial Solutions | Valuation |
investors |
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| Dec, 2015 | Amount | Series D - Genesis Financial Solutions | Valuation |
investors |
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| Dec, 2015 | Amount | Debt – Conventional - Genesis Financial Solutions | 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 |
Investors in Genesis Financial Solutions
Genesis Financial Solutions has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include AD Investment Management, Endeavour and SMC ENTERTAINMENT LIMITED. 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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Endeavour is engaged in investing in family and founder-owned businesses.
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Founded Year | Domain | Location | |
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AD Investment Management is focused on asset management in MENA markets.
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Founded Year | Domain | Location | |
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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 Genesis Financial Solutions
Genesis Financial Solutions has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include The FinancialLink Group and Tidewater Finance Company. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Diversified financial services are provided across various sectors.
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2013 | ||||
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Auto loans are provided to customers across the United States.
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1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Genesis Financial Solutions
| 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 |
Genesis Financial Solutions Comparisons
Competitors of Genesis Financial Solutions
| 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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Frequently Asked Questions about Genesis Financial Solutions
When was Genesis Financial Solutions founded?
Genesis Financial Solutions was founded in 2001 and raised its 1st funding round 1 year after it was founded.
Where is Genesis Financial Solutions located?
Genesis Financial Solutions is headquartered in Beaverton, United States. It is registered at Beaverton, Oregon, United States.
Is Genesis Financial Solutions a funded company?
Genesis Financial Solutions is a funded company, having raised a total of $175.16M across 10 funding rounds to date. The company's 1st funding round was a Series D of $90M, raised on Sep 30, 2002.
How many employees does Genesis Financial Solutions have?
As of Dec 31, 2013, the latest employee count at Genesis Financial Solutions is 177.
What does Genesis Financial Solutions do?
Genesis Financial Solutions was founded in 2001 and is headquartered in Beaverton, United States. Operations focus on the financial services sector, where non-prime consumer credit cards, including direct-to-consumer Mastercard options, are offered for everyday purchases. Private-label credit programs are also provided to merchants, enabling financing for customers often declined by traditional lenders. These products are designed for transparency and affordability in credit access.
What products or services does Genesis Financial Solutions offer?
Genesis Financial Solutions offers Milestone Mastercard and Private-Label Credit Programs.
How many acquisitions has Genesis Financial Solutions made?
Genesis Financial Solutions has made 2 acquisitions, including The FinancialLink Group, and Tidewater Finance Company.
Who are Genesis Financial Solutions's investors?
Genesis Financial Solutions has 3 investors. Key investors include AD Investment Management, Endeavour, and SMC ENTERTAINMENT LIMITED.