CNG Holdings

CNG Holdings

Manages consumer lending brands and stores

Overview

CNG Holdings Inc. operates a nationwide network of nearly 1,000 Check ’n Go and Allied Cash Advance stores that offer short-term loans and check-cashing services. It also supports the Axcess Financial and Smartpay brands, continuing the legacy of its Check ’n Go roots from Covington, Kentucky. The business provides quick-access financial services to customers, with loans typically repaid over short terms, and has serviced millions of customers across its store network. Its goal is to restore growth across the CNG enterprise by leveraging its brands and store network to help customers meet urgent financial needs.

About CNG Holdings

Simplify's Rating
Why CNG Holdings is rated
D
Rated D+ on Competitive Edge
Rated D+ on Growth Potential
Rated D- on Differentiation

Industries

Fintech

Financial Services

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Cincinnati, Ohio

Founded

1994

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Simplify's Take

What believers are saying

  • Broad market reach serves underbanked consumers effectively.
  • Diversified channels include 450+ stores and online platforms.
  • Acquired Cash Store's 181 locations from Cottonwood in 2024.

What critics are saying

  • CFPB 2024 rules slash Check `n Go approvals by 40%, closing stores.
  • NY DFS bans Allied Cash Advance operations January 2026.
  • Johnson v. CNG Holdings lawsuit demands $200M, risks bankruptcy.

What makes CNG Holdings unique

  • CNG Holdings runs 1,000+ retail locations across 28 U.S. states.
  • Operates Check `n Go, Allied Cash Advance, and Cash Store brands.
  • Acquired Allied Cash Advance in 2012, expanding retail presence.

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Benefits

Health Insurance

401(k) Retirement Plan

Remote Work Options

Paid Vacation

Flexible Work Hours

Conference Attendance Budget

Professional Development Budget

Wellness Program

Mental Health Support

Phone/Internet Stipend

Home Office Stipend

Hybrid Work Options

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