About Simply Group
Simply Group is a company based in Toronto (Canada) founded in 2020 was acquired by Financeit in June 2023.. Simply Group operates in a competitive market with competitors including HomeEquity Bank, Brightpath Capital, InstaFund, Halal Financial Corporation and EQRAZ, among others.
- Headquarter Toronto, Canada
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Sectors
Financial Services
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Phone
*********
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Website
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Funding Insights of Simply Group
| 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 |
Investors in Simply Group
Simply Group has secured backing from 1 investor. Prominent investors backing the company include Financeit. 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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Consumer financing is offered at point-of-sale for partnered businesses.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Simply Group
| 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 - Simply Group
| 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 |
Simply Group Comparisons
Competitors of Simply Group
Simply Group 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 HomeEquity Bank, Brightpath Capital, InstaFund, Halal Financial Corporation and EQRAZ, 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 |
Home loans are provided to Canadian homeowners by HomeEquity Bank.
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| domain | founded_year | HQ Location |
Provider of home loans
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| domain | founded_year | HQ Location |
Mortgage loans are provided by InstaFund in Canada.
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| domain | founded_year | HQ Location |
Offers Shariah-compliant alternatives to traditional mortgages for home financing.
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| domain | founded_year | HQ Location |
Provides comprehensive home loan financing services to individuals.
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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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Latest news on Simply Group
Frequently Asked Questions about Simply Group
When was Simply Group founded?
Simply Group was founded in 2020.
Where is Simply Group located?
Simply Group is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Simply Group do?
Simply Group was founded in 2020 and operates as a financial services provider specializing in home loan financing. Services are delivered from Toronto, Canada, focusing on residential mortgage solutions for individuals and families. Operations emphasize streamlined loan processing and advisory support within the Canadian housing market. The company maintains an online presence through its domain, simplygroupfinancial.com, to facilitate client access to financing options.
Who are the top competitors of Simply Group?
Simply Group's top competitors include HomeEquity Bank, Brightpath Capital and InstaFund.
Who are Simply Group's investors?
Simply Group has 1 investor. Key investors include Financeit.
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