About People's Leasing & Finance PLC
People's Leasing & Finance PLC is a company based in Colombo (Sri Lanka) founded in 1995.. People's Leasing & Finance PLC has completed 1 acquisition, including AFSL. People's Leasing & Finance PLC offers products and services including Leasing & Loans, Fixed Deposits, Gold Loan, Auto Loan, and Fixed Deposits & Savings. People's Leasing & Finance PLC operates in a competitive market with competitors including GE Capital, Alliance Finance, Commercial Credit and Finance, Softlogic Finance and KJMC Finserv Group, among others.
- Headquarter Colombo, Sri Lanka
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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 People’S Leasing & Finance Plc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$35 M (USD), Debt – Conventional
Mar 21, 2017
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Investors
The National Bank of Ras Al Khaimah
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of People's Leasing & Finance PLC
People's Leasing & Finance PLC offers a comprehensive portfolio of products and services, including Leasing & Loans, Fixed Deposits, Gold Loan, Auto Loan, and Fixed Deposits & Savings. 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.
Offers tailored leasing and loan solutions for personal and business needs
Provides secure deposit schemes with competitive interest rates
Delivers quick loans against gold for immediate financial requirements
Facilitates financing for vehicle purchases with easy terms
Includes various savings options for secure financial growth
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Funding Insights of People's Leasing & Finance PLC
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $35.0M
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First Round
First Round
(21 Mar 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2017 | Amount | Debt – Conventional - People's Leasing & Finance PLC | Valuation |
investors |
| 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 People's Leasing & Finance PLC
People's Leasing & Finance PLC has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include The National Bank of Ras Al Khaimah and UNB. 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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Islamic commercial banking services are offered in the UAE.
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Commercial bank
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by People's Leasing & Finance PLC
People's Leasing & Finance PLC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AFSL. 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 |
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Corporate finance advisory services are offered in Bangladesh.
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2001 |
| 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 - Peoples Leasing Finance PLC
| 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 |
People's Leasing & Finance Plc Comparisons
Competitors of People's Leasing & Finance PLC
People's Leasing & Finance PLC 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 GE Capital, Alliance Finance, Commercial Credit and Finance, Softlogic Finance and KJMC Finserv Group, 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 |
Commercial aircraft and equipment leasing and lending services are provided.
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| domain | founded_year | HQ Location |
Provider of personal, gold, equipment, and other loan services
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| domain | founded_year | HQ Location |
Diversified NBFI
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| domain | founded_year | HQ Location |
Diversified non-banking financial services are provided in Sri Lanka.
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| domain | founded_year | HQ Location |
Corporate advisory firm
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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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Latest news on People's Leasing & Finance Plc
Frequently Asked Questions about People's Leasing & Finance PLC
When was People's Leasing & Finance PLC founded?
People's Leasing & Finance PLC was founded in 1995 and raised its 1st funding round 22 years after it was founded.
Where is People's Leasing & Finance PLC located?
People's Leasing & Finance PLC is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.
What does People's Leasing & Finance PLC do?
Peoples Leasing Finance PLC was established in 1995 and is based in Colombo, Sri Lanka. Operations are focused on the financial sector, where leasing and financing options for motor vehicles are extended to customers. Services include vehicle loans and lease agreements tailored to individual and business needs. The company serves the Sri Lankan market, supporting mobility through structured financial products without involvement in other asset classes.
Who are the top competitors of People's Leasing & Finance PLC?
People's Leasing & Finance PLC's top competitors include GE Capital, KJMC Finserv Group and Alliance Finance.
What products or services does People's Leasing & Finance PLC offer?
People's Leasing & Finance PLC offers Leasing & Loans, Fixed Deposits, Gold Loan, Auto Loan, and Fixed Deposits & Savings.
How many acquisitions has People's Leasing & Finance PLC made?
People's Leasing & Finance PLC has made 1 acquisition, including AFSL.
Who are People's Leasing & Finance PLC's investors?
People's Leasing & Finance PLC has 2 investors. Key investors include The National Bank of Ras Al Khaimah, and UNB.