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Momentum Financial Services Group

Momentum Financial Services Group is a leading North American provider of alternative financial solutions, offering a range of services including loans, check cashing, and money transfers to unbanked and under-banked consumers.

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Company facts

Founded
1979
Headquarters
Canada
CEO
Peter Kalen

About

Momentum Financial Services Group (MFSG) is a prominent North American provider of alternative financial solutions, primarily catering to consumers and small business owners who are unbanked or under-banked. Operating under various brand names, including Money Mart® and The Check Cashing Store®, the company has established a significant presence with over 420 retail branches across North America and a robust digital footprint. MFSG's core mission is to bridge the gap between individuals and their financial objectives by offering accessible and essential financial products and services. With a history spanning over four decades, the company has cultivated a reputation for providing a wide array of services designed to meet the immediate financial needs of its diverse customer base. These services include short-term, medium-term, and long-term consumer loans, check cashing, money transfers, and prepaid debit cards. The company's vision is centered on empowering its customers to achieve financial momentum. MFSG is committed to responsible lending and customer-centric service, which is reflected in its comprehensive suite of offerings. Beyond its primary financial services, the company also provides ancillary products such as money orders, utility bill payments, and currency exchange to offer a one-stop financial solution for its clients. MFSG emphasizes a culture of integrity, trust, and quality, extending these values to its customer interactions, supplier relationships, and internal operations. With a team of over 1,500 employees across Canada, the United States, and India, Momentum Financial Services Group is dedicated to fostering financial inclusion and providing vital support to the communities it serves. The company's strategy integrates technology-enabled, web-based underwriting with its extensive retail network to deliver convenient and reliable financial services.

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