Peoples Group
Peoples Group, based in Vancouver, is a federally chartered financial institution that has been serving Canadians for over 30 years. The company is recognized for its exceptional customer service and extensive product knowledge, specializing in lending and asset securitization. Peoples Group also offers competitive deposit rates and has a significant presence in the prepaid and credit card market. Through its subsidiaries, Peoples Card Services and Peoples Payment Solutions, the company provides comprehensive issuing services and innovative programs in the merchant services sector. With a strong emphasis on regulatory expertise and market guidance, Peoples Group has supported numerous global innovators in establishing and growing their programs in Canada.
Lendful Financial
Acquisition in 2018
Lendful Financial Inc., founded in 2015 and based in Vancouver, Canada, specializes in providing personal loans to Canadians. The company offers a range of loan options, including those for weddings, education, home renovations, medical procedures, yoga teacher training, and travel. Lendful Financial aims to streamline the borrowing process by offering quick and easy access to loans with competitive interest rates that can save borrowers up to 30% when refinancing. The company targets credit-worthy individuals with a credit score of 650 or higher, providing fixed-term loans with durations of three to five years. By focusing on customer service and transparency, Lendful Financial seeks to eliminate common frustrations associated with traditional lending, such as excessive paperwork and high interest rates. As of June 2018, Lendful Financial operates as a subsidiary of Peoples Trust Company.
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