About LendCare
LendCare is a company based in Pickering (Canada) founded in 2009 was acquired by goeasy in April 2021.. LendCare operates in a competitive market with competitors including Everyday People Financial, Propel Holdings, Karoo, Vault Mortgage and Alternative Financing Options, among others.
- Headquarter Pickering, Canada
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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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Funding Insights of LendCare
| 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 LendCare
LendCare has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include goeasy. 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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Consumer lending and lease-to-own services are provided to individuals.
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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 LendCare
| 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 - LendCare
| 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 |
Lendcare Comparisons
Competitors of LendCare
LendCare 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 Everyday People Financial, Propel Holdings, Karoo, Vault Mortgage and Alternative Financing Options, 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 |
Partnership-based digital banking platform is offered with financial services.
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| domain | founded_year | HQ Location |
Financial services are provided to clients by Propel Holdings.
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| domain | founded_year | HQ Location |
Fintech solutions for lending management are offered to individuals.
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| domain | founded_year | HQ Location |
Mortgage lending solutions are offered for residential and commercial properties.
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| domain | founded_year | HQ Location |
Provider of residential and commercial mortgage loans
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Lendcare
Frequently Asked Questions about LendCare
When was LendCare founded?
LendCare was founded in 2009.
Where is LendCare located?
LendCare is headquartered in Pickering, Canada. It is registered at Pickering, Ontario, Canada.
Who is the current CEO of LendCare?
Ali Metel is the current CEO of LendCare.
What does LendCare do?
LendCare was established in 2009 in Pickering, Canada, within the financial services sector. Operations focus on non-prime lending solutions tailored to individual consumers. Services encompass vehicle financing, retail purchases, health-related expenses, and home improvement projects. The company operates primarily through partnerships with merchants and dealers across Canada, supporting accessible credit options for underserved borrowers.
Who are the top competitors of LendCare?
LendCare's top competitors include Everyday People Financial, Propel Holdings and Vault Mortgage.
Who are LendCare's investors?
LendCare has 1 investor. Key investors include goeasy.
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