30 years old and better than new
A family business with humble beginnings.
The Cash Converters story began when Brian Cumins saw an opportunity to expand the pawnbroking industry into retail. Cash Converters is a family business with humble beginnings that has reshaped the second-hand industry.
Here are some of the key milestones from the last 30 years for Cash Converters:
1984 – Brian Cumins opened the first store in Victoria Park, Western Australia
1988 – The first two franchise stores opened in Western Australia
1991 – The first store opened in the UK in Essex
1994 – The first non-English speaking store opened in France
1995 – Cash Converters was listed on the UK stock exchange
1997 – Cash Converters was listed on the Australian Stock Exchange
1999 – The Cash Advance product was launched
2003 – The Personal Loan product was launched
2005 – Cash Converters turned 21 and reached 450 stores worldwide
2006 – Cash Converters underwent a rebrand from logo to store design to advertising
2007 – Webshop, Australia's largest online second-hand goods retailer, was launched
2009 – Cash Converters reached 500 stores worldwide
2009 – EzCorp were introduced as a strategic shareholder
2010 – Personal Finance was launched in the UK
2010 – Federal Government national consumer credit reforms started to take shape
2010 – Online lending launched in Australia
2012 – The National Consumer Credit Legislation amendments were passed in Federal Government
2013 – Cash Converters acquired Carboodle
2014 – 768 stores, 21 countries. 30 years old.