When was Rifco founded?

Rifco was founded in 2000 and raised its 1st funding round 15 years after it was founded.

Where is Rifco located?

Rifco is headquartered in Red Deer, Canada.

How many employees does Rifco have?

As of May 31, 2026, the latest employee count at Rifco is 77.

Is Rifco a funded company?

Rifco is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Jun 02, 2015.

When was the latest funding round of Rifco?

Rifco's latest funding was a $***** Post IPO round on Aug 17, 2016, with participation from 1 investor. Its primary sector is Consumer and SME Loans. Globally, the Consumer and SME Loans sector has seen $1.96B in funding in 2026 to date.

Where does Rifco rank among its competitors?

Rifco ranks 1st amongst 29 active competitors, none of which are funded.

Who are the top competitors of Rifco?

Rifco's top competitors include EdenPark, Canada Drives and 5 Star Dealers. Among them, Rifco secured the most recent funding round in August, 2016.

Rifco - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: www.rifco.net/
Social
Email ID: *****@rifco.net
Phone Number: +1 **********

Key Metrics

Founded Year

2000

Location

Red Deer, Canada

Stage

Acquired

Latest Funding Round

Post IPO, Aug 17, 2016, $*****

Investors

ATB Financial & 2 more

Ranked

1^st among 29 active competitors

Employee Count

77 as on May 31, 2026

Similar Companies

Hinduja Leyland Finance & 495 more

Exit Details

Acquired by Chesswood Group (Oct 28, 2021)

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Rifco got acquired by Chesswood Group on Oct 28, 2021.

Click here to take a look at Rifco's acquisition in detail

Rifco has raised funding over 2 rounds. Its first funding round was on Jun 02, 2015. Its latest funding round was a Post IPO round on Aug 17, 2016 for $*****. 1 investor participated in its latest round. Rifco has 3 institutional investors.

Here is the list of recent funding rounds of Rifco:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 17, 2016	7467709	Post IPO	8522208	3098196	2875997	3551228
Jun 02, 2015	6726351	Conventional Debt	6137054	2536724	2718284	Wells Fargo & 1 more

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View details of Rifco's funding rounds and investors

Rifco's employee count trend

Rifco has 77 employees as of May 26. Here is Rifco's employee count trend over the years:

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Top competitors of Rifco include EdenPark, Canada Drives and 5 Star Dealers. Here is the list of Top 10 competitors of Rifco, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rifco 2000, Red Deer (Canada), Acquired	Auto loans provider	-	ATB Financial, Wells Fargo & 1 others	38/100
2nd	EdenPark 2008, Toronto (Canada), Acquired	Provider of vehicle loans	-	-	37/100
3rd	Canada Drives 2010, Vancouver (Canada), Unfunded	Provider of vehicle loans	-	-	23/100
4th	5 Star Dealers 1992, London (Canada), Unfunded	Provider of car loans	-	-	20/100
5th	Prefera Finance 2014, Etobicoke (Canada), Funding Raised	Provider of consumer and commercial vehicle repair loans	-	Castle Placement	20/100
6th	Ryde 2017, Calgary (Canada), Funding Raised	Provider of powersports financing for dealerships and customers	-	Vada Capital	19/100
7th	Rockcliff Auto 2016, Toronto (Canada), Unfunded	Provider of auto loans	-	-	19/100
8th	Edmonton Car Loans 2003, Edmonton (Canada), Unfunded	Provider of consumer vehicle loans	-	-	18/100
9th	Trillium FSB 1998, Concord (Canada), Unfunded	Provider of consumer vehicle loans	-	-	18/100
10th	Yes Plan Auto Finance 2011, Edmonton (Canada), Unfunded	Provider of automotive and recreational vehicle financing services	-	-	17/100