About VM Group
VM Group is a company based in Kingston (Jamaica). It operates as a B2B. VM Group offers products and services including Financial Services, Innovations Platform, and Community Support. VM Group operates in a competitive market with competitors including Scotiabank, NCB Financial Group, First Global Bank, Kreissparkasse Biberach and JN Bank, among others.
- Headquarter Kingston, Jamaica
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- Legal Name Vm Group Limited
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Products & Services of VM Group
VM Group offers a comprehensive portfolio of products and services, including Financial Services, Innovations Platform, and Community Support. 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 banking and wealth management for member financial needs
Develops Fintech and Proptech solutions for transformative applications
Offers programs for community upliftment and education initiatives
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Funding Insights of VM 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 |
Investments & Acquisitions by VM 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 - VM 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 |
Vm Group Comparisons
Competitors of VM Group
VM 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 Scotiabank, NCB Financial Group, First Global Bank, Kreissparkasse Biberach and JN Bank, 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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Commercial banking services are provided internationally by Scotiabank.
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Offers banking, investments, insurance, and financial solutions across global regions.
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Offers banking services like savings, loans, and online platforms for personal and business clients.
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Provides retail and business banking services with online platforms and financial products.
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Offers personal savings, loans, mortgages, credit cards, and online banking services in Jamaica.
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Regulates currency, monetary policy, and financial system in Jamaica.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vm Group
Frequently Asked Questions about VM Group
Where is VM Group located?
VM Group is headquartered in Kingston, Jamaica.
What does VM Group do?
VM Group is established as a commercial bank in Kingston, Jamaica, within the financial sector. Core operations are focused on providing banking services to businesses and individuals in the region. Transactions and accounts are managed through standard commercial practices, with digital access supported via myvmgroup.com. Activities are centered on the Jamaican economy, supporting local financial needs without international expansion noted.
Who are the top competitors of VM Group?
VM Group's top competitors include Scotiabank, NCB Financial Group and First Global Bank.
What products or services does VM Group offer?
VM Group offers Financial Services, Innovations Platform, and Community Support.