About UDC
UDC is a company based in Auckland (New Zealand) founded in 1937 was acquired by Shinsei Bank in June 2020. It operates as a Commission-Based. UDC offers products and services including Car Loans, Electric Vehicle Loans, Boat Loans, Asset Finance, and Fleet Finance.
- Headquarter Auckland, New Zealand
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Udc Finance Limited
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Annual Revenue
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Net Profit
$44.07 M (USD)-14as on Dec 31, 2022
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EBITDA
$61.89 M (USD)-13as on Dec 31, 2022
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Shinsei Bank
(Jun 02, 2020)
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Products & Services of UDC
UDC offers a comprehensive portfolio of products and services, including Car Loans, Electric Vehicle Loans, Boat Loans, Asset Finance, and Fleet Finance. 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.
Car loans are provided for personal vehicle purchases.
Financing is offered for electric vehicle acquisitions.
Boat financing is available for recreational watercraft purchases.
Asset financing is provided for business equipment needs.
Fleet financing is offered for business vehicle fleets.
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Funding Insights of UDC
| 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 UDC
UDC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Shinsei Bank. 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 including loans, deposits, and investments are provided.
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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 UDC
| 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 - UDC
| 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 |
Udc Comparisons
Competitors of UDC
| 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 Udc
Frequently Asked Questions about UDC
When was UDC founded?
UDC was founded in 1937.
Where is UDC located?
UDC is headquartered in Auckland, New Zealand.
Who is the current CEO of UDC?
Wayne Percival is the current CEO of UDC.
What does UDC do?
UDC Finance Limited is involved in offering a range of financing solutions for vehicles and business assets. Services are provided across sectors including personal car loans, electric vehicle loans, boat loans, and asset finance for small to medium businesses. Specialized financing options such as fleet finance, equipment finance, owner-driver finance, clean tech finance, and aviation finance are also made available. Operations are conducted throughout New Zealand with a focus on delivering competitive rates and fast processing times.
What products or services does UDC offer?
UDC offers Car Loans, Electric Vehicle Loans, Boat Loans, Asset Finance, and Fleet Finance.
Who are UDC's investors?
UDC has 1 investor. Key investors include Shinsei Bank.
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