Grupo Monge

About Grupo Monge

Grupo Monge is a retail and financial services company with over 50 years of experience, operating in 5 countries with 611 stores. Their mission is to improve people's lives by offering competitive prices on essential household appliances and accessible financial services, focusing on financial inclusion and innovation.

Products & Services

Household Appliances:Offered through brands like El Gallo más Gallo and Prado, focusing on competitive pricing and accessibility.

Financial Services:Includes credit options and financial products through Financiera Monge and Grupo Financiero GMG, S.A., aimed at financial inclusion with simple, transparent, and secure services.

Monge Pay:A digital payment and credit solution facilitating secure payments for families.

Specialties

Financial Inclusion Digital Innovation Retail of Household Appliances Accessible Financial Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Syndicated Loan T: - FT: Syndicated Loan	A: 86000000 MR: - FA: US$86 million FAN: 86000000	D: 2024-11-07 FD: 2024-11-07	1 investors

Syndicated Loan Latest

2024-11-07

$86.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

D

Darwin Gutiérrez

Business Architect

K

Keyri Milla

Head of Analysts

J

José López

E

Elder Williams

Zone Supervisor

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Recent News

Grupo Monge Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised