About Travelers Finance
Travelers Finance is a company based in Burnaby (Canada) founded in 1986 was acquired by Scotiabank in November 2006.. Travelers Finance operates in a competitive market with competitors including Coast Capital Savings, GE Capital, Stride Capital, Garrington Capital and Bennington Financial, among others.
- Headquarter Burnaby, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Scotiabank
(Nov 14, 2006)
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Funding Insights of Travelers Finance
| 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 Travelers Finance
Travelers Finance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Scotiabank. 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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Commercial banking services are provided internationally by Scotiabank.
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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 Travelers Finance
| 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 - Travelers Finance
| 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 |
Travelers Finance Comparisons
Competitors of Travelers Finance
Travelers Finance 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 Coast Capital Savings, GE Capital, Stride Capital, Garrington Capital and Bennington 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 |
Functions as a credit union providing financial services to members.
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Commercial aircraft and equipment leasing and lending services are provided.
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Asset financing for equipment and fleets is provided in Canada.
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Provides alternative lending and factoring for small and medium-sized businesses.
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Offers leasing and financing solutions for commercial vehicles and equipment to businesses across Canada.
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Offers tailored industrial equipment leasing and financing for various businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Travelers Finance
Frequently Asked Questions about Travelers Finance
When was Travelers Finance founded?
Travelers Finance was founded in 1986.
Where is Travelers Finance located?
Travelers Finance is headquartered in Burnaby, Canada. It is registered at Burnaby, British Columbia, Canada.
Who is the current CEO of Travelers Finance?
Roberto Cortese is the current CEO of Travelers Finance.
What does Travelers Finance do?
Travelers Finance was established in 1986 in Burnaby, Canada, focusing on the asset financing sector. Loans, capital leases, operating leases, and competitive leases are extended to support acquisitions of machinery, construction equipment, manufacturing equipment, trucks, cranes, and aircraft components. Operations are centered in Canada, serving businesses needing equipment and vehicle financing solutions.
Who are the top competitors of Travelers Finance?
Travelers Finance's top competitors include GE Capital, Stride Capital and Coast Capital Savings.
Who are Travelers Finance's investors?
Travelers Finance has 1 investor. Key investors include Scotiabank.