About Settlement Lenders
Settlement Lenders is a company based in Edmonton (Canada) founded in 1985 was acquired by Easy Legal Finance in January 2021.. Settlement Lenders offers products and services including Settlement Loans and File Financing. Settlement Lenders operates in a competitive market with competitors including Home Capital Group, GE Capital, Fairstone, MCAP and Accord Financial, among others.
- Headquarter Edmonton, Canada
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Easy Legal Finance
(Jan 12, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Settlement Lenders
Settlement Lenders offers a comprehensive portfolio of products and services, including Settlement Loans and File Financing. 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.
Advances on expected legal settlements for personal injury claims
Funding for legal files and disbursements in ongoing cases
Funding Insights of Settlement Lenders
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Settlement Lenders
Settlement Lenders has secured backing from 1 investor. Prominent investors backing the company include Easy Legal. 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 |
|---|---|---|---|---|
|
Easy Legal is engaged in providing specialized lending solutions.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Settlement Lenders
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Settlement Lenders
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Settlement Lenders Comparisons
Competitors of Settlement Lenders
Settlement Lenders 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 Home Capital Group, GE Capital, Fairstone, MCAP 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Residential and non-residential mortgage loans are provided in Canada.
|
|
| domain | founded_year | HQ Location |
Commercial aircraft and equipment leasing and lending services are provided.
|
|
| domain | founded_year | HQ Location |
Diversified lending services are offered by Fairstone as an NBFI.
|
|
| domain | founded_year | HQ Location |
Residential and commercial mortgage services are provided across Canada.
|
|
| domain | founded_year | HQ Location |
Working capital and asset-based loans are provided to businesses.
|
|
| domain | founded_year | HQ Location |
Diversified lending services are provided by this Canadian NBFI.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Settlement Lenders
When was Settlement Lenders founded?
Settlement Lenders was founded in 1985.
Where is Settlement Lenders located?
Settlement Lenders is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.
What does Settlement Lenders do?
Settlement Lenders was established in 1985 in Edmonton, Canada, within the financial services sector. Loans are extended to individuals involved in personal injury lawsuits to address immediate financial needs while cases remain unresolved. Services include non-recourse funding without credit evaluations, collateral requirements, or scheduled repayments. Funds are repaid solely from successful settlements, supporting stability during extended legal proceedings in the personal injury domain.
Who are the top competitors of Settlement Lenders?
Settlement Lenders's top competitors include GE Capital, Fairstone and MCAP.
What products or services does Settlement Lenders offer?
Settlement Lenders offers Settlement Loans and File Financing.
Who are Settlement Lenders's investors?
Settlement Lenders has 1 investor. Key investors include Easy Legal.