Grupo Elektra

Grupo Elektra is a Mexican financial and retailing corporation established by Hugo Salinas Rocha. The company has operations in Latin America and is the largest non-bank provider of cash advance services in the United States. It is listed on the Bolsa Mexicana de Valores and on the Spanish Stock Market Latibex.

Grupo Elektra SA de CV engages in financial services and speciality retailing. It operates through the following business units: the Financial Business unit and the Commercial Business unit. The Financial Business unit provides financial and banking services. The Commercial Business unit offers brands in electronics, house hold appliances, furniture, motorcycles, tires, cell phones, computers, and electronic money transfers and extended warranties. The company was founded by Hugo Salinas Rocha in 1950 and is headquartered in Mexico City, Mexico.