About Money Mart
Money Mart is a company based in Victoria (Canada) founded in 1982. It operates as a Commission-Based, and Brokerage / Intermediation. Money Mart has completed 1 acquisition, including Risicum. Money Mart offers products and services including Installment Loans, Payday Boost, Cheque Cashing, Currency Exchange, and MoneyGram. Money Mart operates in a competitive market with competitors including Fairstone, GE Capital, Levr, Export Development Canada and Accord Financial, among others.
- Headquarter Victoria, 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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- Legal Name National Money Mart Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Money Mart
Money Mart offers a comprehensive portfolio of products and services, including Installment Loans, Payday Boost, Cheque Cashing, Currency Exchange, and MoneyGram. 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.
Loans are provided for long-term financial needs.
Short-term loans are offered for urgent cash needs.
Cheques are cashed quickly for immediate fund access.
Currency exchange services are provided for international transactions.
Money transfers are facilitated globally through MoneyGram services.
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Funding Insights of Money Mart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Money Mart
Money Mart has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Risicum. 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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Online payday loans are facilitated from banks via a platform.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Money Mart
| 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 |
Money Mart Comparisons
Competitors of Money Mart
Money Mart 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 Fairstone, GE Capital, Levr, Export Development Canada and Accord Financial, 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 |
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| domain | founded_year | HQ Location |
Diversified lending services are offered by Fairstone as an NBFI.
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| domain | founded_year | HQ Location |
Commercial aircraft and equipment leasing and lending services are provided.
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| domain | founded_year | HQ Location |
Online AI-enabled marketplace offering diversified business loans
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| domain | founded_year | HQ Location |
SME loans are provided to support business exports.
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| domain | founded_year | HQ Location |
Working capital and asset-based loans are provided to businesses.
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| domain | founded_year | HQ Location |
Residential and commercial mortgage services are provided across Canada.
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| 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 Money Mart
When was Money Mart founded?
Money Mart was founded in 1982.
Where is Money Mart located?
Money Mart is headquartered in Victoria, Canada. It is registered at Victoria, British Columbia, Canada.
Who is the current CEO of Money Mart?
Ben Vang is the current CEO of Money Mart.
What does Money Mart do?
A range of financial solutions are offered by Money Mart, including installment loans, payday loans, cheque cashing, currency exchange, and money transfers through MoneyGram. Services are tailored to meet urgent and long-term financial needs of individuals across various Canadian provinces. The company operates in the consumer finance sector, focusing on accessible and quick funding options with flexible repayment terms.
Who are the top competitors of Money Mart?
Money Mart's top competitors include GE Capital, Fairstone and MCAP.
What products or services does Money Mart offer?
Money Mart offers Installment Loans, Payday Boost, Cheque Cashing, Currency Exchange, and MoneyGram.
How many acquisitions has Money Mart made?
Money Mart has made 1 acquisition, including Risicum.