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.
1 past transactions
Lendful Financial
Acquisition in 2018
Lendful Financial Inc. is a Canadian company based in Vancouver that specializes in providing personal loans to consumers. Founded in 2015, it offers a variety of loan options, including those for weddings, education, home renovations, medical procedures, and travel. Lendful Financial aims to deliver a streamlined borrowing experience by offering quick access to loans at competitive interest rates, potentially saving borrowers up to 30% when refinancing. The company targets credit-worthy individuals with a credit score of 650 and above, and it focuses on eliminating common frustrations associated with traditional lending, such as poor customer service and excessive paperwork. As of June 2018, Lendful Financial operates as a subsidiary of Peoples Trust Company.
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