DOLLA FINANCIAL SECURES $425 MILLION IN PRIVATE FUNDING
Jamaican micro-financing firm Dolla Financial Services has raised $425 million from private investors so far this year. It has also engaged VM Wealth as a financial advisor, an indication that it is looking to launch an initial public offering soon. Dolla Financial, earlier this month, raised $200 million with an institutional investor. It previously raised […]
FROM LOANS OFFICER TO CEO: DOLLA FINANCIAL BOSS SHARES SUCCESS STORY
Kadeen Mairs’ journey from loans officer to CEO At age 24, Kadeen Mairs took a bold decision to leave his job as a loans officer at a commercial bank and set up M24 Investments, offering loans to microbusinesses in Lucea, Hanover. The Westmoreland native later sold his ownership stake in the business to an investment […]
From loans officer to CEO: Dolla Financial boss shares success story
At age 24, Kadeen Mairs took a bold decision to leave his job as a loans officer at a commercial bank and set up M24 Investments, offering loans to microbusinesses in Lucea, Hanover.
Dolla Financial brokers deal with Derrimon Group
Jamaica-based regional microfinance lender Dolla Financial has signed a deal with distribution company Derrimon Group. The deal brings Derrimon into the micro-loans sector.
Dolla Financial expands to Guyana with plans for rapid growth
Dolla Financial, which is a part of the FirstRock Capital Holdings group, has set up Dolla Financial Services (Guyana), which has just commenced operations. Dolla Financial Services Guyana is the first private microfinance outlet to have operations in the country.
Dolla Financial Services secures additional capital for its Guyanese operations
The additional capital has been secured by Dolla Financial Group Chief Executive Officer Kadeen Mairs, who has sold his almost six per cent equity stake in the company to Dequity Capital, a St Lucian-registered privately held investment company, which previously had a 19 per cent equity stake in the company.
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