About Merritt Financial
Merritt Financial is a company based in London (Canada) founded in 2015. It operates as a B2C, and B2B. Merritt Financial offers products and services including Automotive Finance, Personal Loans, and Mortgages. Merritt Financial operates in a competitive market with competitors including Mogo, Amber Financial, DIVINE-INVEST, Solvncii and My Magic Loan, among others.
- Headquarter London, Canada
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Sectors
Financial Services
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Website
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Social
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Products & Services of Merritt Financial
Merritt Financial offers a comprehensive portfolio of products and services, including Automotive Finance, Personal Loans, and Mortgages. 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.
Financing for automotive loans and leases with flexible plans.
Personal loans at competitive market rates for various needs.
Mortgage services with negotiated rates for home financing.
Funding Insights of Merritt Financial
| 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 |
Investments & Acquisitions by Merritt Financial
| 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 - Merritt Financial
| 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 |
Merritt Financial Comparisons
Competitors of Merritt Financial
Merritt Financial 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 Mogo, Amber Financial, DIVINE-INVEST, Solvncii and My Magic Loan, 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 |
Personal loans and lines of credit are provided by Mogo.
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| domain | founded_year | HQ Location |
Personal and mortgage loans are offered online by Amber Financial.
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| domain | founded_year | HQ Location |
Provides personal loan solutions for various financial needs.
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| domain | founded_year | HQ Location |
Offers a digital platform for personalized financial solutions and management.
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| domain | founded_year | HQ Location |
Operates an online platform for consumer loan services.
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| domain | founded_year | HQ Location |
Provides quick loans without credit checks to Canadians in emergencies.
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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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Frequently Asked Questions about Merritt Financial
When was Merritt Financial founded?
Merritt Financial was founded in 2015.
Where is Merritt Financial located?
Merritt Financial is headquartered in London, Canada. It is registered at London, Ontario, Canada.
What does Merritt Financial do?
Merritt Financial specializes in financial services, including automotive loans, personal loans, mortgages, and dealership financing. Based in London, Ontario, they partner consumers and businesses with suitable lending agencies, negotiating rates and providing flexible plans. Their team upholds integrity, offering expert advice on various loans to serve individual financial needs in the region.
Who are the top competitors of Merritt Financial?
Merritt Financial's top competitors include Mogo, Amber Financial and DIVINE-INVEST.
What products or services does Merritt Financial offer?
Merritt Financial offers Automotive Finance, Personal Loans, and Mortgages.
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