Peoples Group - About the company
Peoples Group is a funded company based in Vancouver (Canada), founded in 1985. It operates as an Issuer of prepaid and credit cards. Peoples Group has raised an undisclosed amount in funding. The company has 83 active competitors, including 17 that have exited. Its top competitors include companies like BMO, Bank of America and Royal Bank of Canada.
Company Details
Peoples Trust is an issuer of prepaid and credit cards in Canada. Offers both reloadable and non-reloadable prepaid cards. Services offered include origination of multi-family, commercial, construction, care facility, and residential home mortgage products. Provides deposit services, high-interest accounts, secured credit cards, issuing card services, merchant services, and payment solutions; card programs, such as MasterCard credit rebuilder cards; and non-reloadable prepaid MasterCard and Visa cards; and mortgage investor services, such as mortgage servicing, mortgage banking and syndication, and mortgage-backed securities.
- Website
- peoplestrust.com
- Email ID
- *****@peoplesgroup.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1985
Location
Vancouver, Canada
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
23rd among 83 active competitors
Employee Count
405 as on Jul 01, 2024
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Peoples Group's funding and investors
Peoples Group has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Jun 27, 2018 for $*****. 2 investors participated in its latest round. Peoples Group has 2 institutional investors.
Here is the list of recent funding rounds of Peoples Group:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 27, 2018 | 8375112 | Conventional Debt | 2445345 | 8397309 | 1073050 | 1299523 |
View details of Peoples Group's funding rounds and investors
Peoples Group's founders and board of directors
Founder? Claim ProfilePeoples Group's employee count trend
Peoples Group has 405 employees as of Jul 24. Here is Peoples Group's employee count trend over the years:
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Peoples Group's Competitors and alternates
Top competitors of Peoples Group include BMO, Bank of America and Royal Bank of Canada. Here is the list of Top 10 competitors of Peoples Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Commercial bank | - | 82/100 | ||
2nd | Bank of America 1998, Charlotte (United States), Public | Commercial bank and asset management firm | - | 78/100 | |
3rd | Royal Bank of Canada 1864, Toronto (Canada), Public | Commercial bank | - | - | 76/100 |
4th | Scotiabank 1832, Toronto (Canada), Public | Commercial bank | - | 75/100 | |
5th | Canadian Imperial Bank of Commerce 1867, Toronto (Canada), Public | Commercial bank | - | - | 75/100 |
6th | National Bank of Canada 1859, Montreal (Canada), Public | Commercial bank | - | - | 73/100 |
7th | TD Bank 1955, Portland (United States), Acquired | Investment holding company offering financial services | - | 67/100 | |
8th | Equitable Bank 1970, Toronto (Canada), Late Stage | Commercial bank | $150M | 64/100 | |
9th | RBC Royal Bank 1864, Halifax (Canada), Late Stage | Commercial bank | - | 61/100 | |
10th | PC Financial 1996, Toronto (Canada), Acquired | Provider of digital banking products and financial services | - | - | 57/100 |
23rd | Peoples Group 1985, Vancouver (Canada), Funding Raised | Issuer of prepaid and credit cards | - | 39/100 |
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Peoples Group's Investments and acquisitions
Peoples Group has made no investments or acquisitions yet.
News related to Peoples Group
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Wearable Paytech Provider MuchBetter Partners with Peoples Group to Expand Services into CanadaFintech Finance•Jan 21, 2025•MuchBetter, Peoples Group
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People Group appoints John Landry to the post of President and Chief Executive OfficerGlobeNewswire•May 03, 2024•Peoples Group, Citi
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Flair Airlines accuses financial services firm of withholding $25MCalgary Herald•Mar 14, 2024•Flair, Peoples Group
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Peoples Payment Solutions Launches Interac e-Transfer Request Money via APIAiThority•Jan 20, 2021•Peoples Group
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Visa, Insurers Partner On Real-Time Claims PayoutsPYMNTS.com•Sep 13, 2019•Visa, PNC, InsurPay, Invenger and 5 others
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Peoples Trust Closes $300 Million Secured Funding with BMO and CIBCPeoples Group•Jun 27, 2018•Peoples Group, BMO, Canadian Imperial Bank of Commerce, and 1 other
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