About Prendamovil
Prendamovil is a company based in Mexico City (Mexico) founded in 2012. It operates as a B2C, and D2C. Prendamovil offers products and services including Vehicle Pawn Loan, GPS Loan Option, and Online Loan Simulator. Prendamovil operates in a competitive market with competitors including Creditas, Crediclub, Money Flash, Clicredito and LendOn, among others.
- Headquarter Mexico City, Mexico
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Sectors
Financial Services
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Phone
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Website
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Social
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Products & Services of Prendamovil
Prendamovil offers a comprehensive portfolio of products and services, including Vehicle Pawn Loan, GPS Loan Option, and Online Loan Simulator. 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.
Provides loans up to 80% of vehicle value without custody.
Enables loans with vehicle tracking for added flexibility.
Tool for estimating loan amounts based on vehicle details.
Funding Insights of Prendamovil
| 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 Prendamovil
| 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 - Prendamovil
| 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 |
Prendamovil Comparisons
Competitors of Prendamovil
Prendamovil 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 Creditas, Crediclub, Money Flash, Clicredito and LendOn, 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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Asset-backed consumer loans are provided through an online platform.
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| domain | founded_year | HQ Location |
Diversified loans are provided to SMEs by Crediclub.
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| domain | founded_year | HQ Location |
Develops innovative technologies for a platform offering personal loans.
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| domain | founded_year | HQ Location |
Provides a platform for various financial solutions to consumers.
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| domain | founded_year | HQ Location |
Provides quick online personal loans and financial services to consumers.
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| domain | founded_year | HQ Location |
Provides a platform for various financial solutions to users.
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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 Prendamovil
When was Prendamovil founded?
Prendamovil was founded in 2012.
Where is Prendamovil located?
Prendamovil is headquartered in Mexico City, Mexico.
What does Prendamovil do?
Prenda Móvil is a financial service in Mexico that facilitates loans secured by vehicles, allowing borrowers to access up to 80 of their cars value without surrendering it, using options like GPS tracking or traditional resguardo. The process involves online forms and evaluations at branches in cities such as Veracruz, Querétaro, and Guadalajara. It targets professionals and entrepreneurs facing temporary financial needs, with fast approvals and no credit bureau checks, ensuring discreet and efficient transactions.
Who are the top competitors of Prendamovil?
Prendamovil's top competitors include Creditas, Crediclub and Money Flash.
What products or services does Prendamovil offer?
Prendamovil offers Vehicle Pawn Loan, GPS Loan Option, and Online Loan Simulator.
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