New concept location brings instant loans, cheque cashing and money transfers to Newfoundland and Labrador, expanding Money Mart’s presence to all 10 provinces with a coast-to-coast network of 360+ Canadian branches
TORONTO, June 10, 2026 /CNW/ – Money Mart, one of Canada’s largest providers of alternative financial services, has reopened in Newfoundland and Labrador with a new branch in St. John’s. The new location gives residents access to short and long-term loans from $100 to $25,000, cheque cashing, global money transfers, prepaid cards, and foreign currency exchange. The opening marks Money Mart’s expansion into its tenth Canadian province, bringing its total branch network to over 360 locations nationwide and more than 420 across North America.
Key Facts
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Location: 33 Kenmount Road, St. John’s, Newfoundland and Labrador, A1B 1W1
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Branch opening: June 8, 2026
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Grand opening event: June 9, 2026
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Milestone: Re-establishing Money Mart’s presence in Newfoundland and Labrador with its new location in St. John’s
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Format: New concept location with a consultation area, a customer lounge and Money Mart’s refreshed brand environment
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Services: Personal loans, cheque cashing, global money transfers, money orders, prepaid cards and foreign currency exchange, with instant funding available in-branch.
Why Newfoundland and Why Now
Money Mart has served Canadians for more than 40 years, with locations in every province except Newfoundland and Labrador. The St. John’s opening closes that gap and marks the company’s return to the province. Many residents in the province may have limited options for accessing short-term credit, sending money internationally, or cashing cheques outside of standard banking hours. The new branch brings these services together in one convenient location, delivered in person by a local team.
The branch is part of Money Mart’s broader strategy to expand its physical network and increase access to financial services for Canadians across the country.
From the CEO
“We are proud to be serving customers in Newfoundland and Labrador again,” said Peter Kalen, CEO of Money Mart. “Customers are looking for fast access to credit, in-person support when they need it, and clear terms they can trust. The St. John’s branch delivers all three. This new branch represents the future of Money Mart, with a modern, customer-focused layout designed to balance comfort and privacy in line with how people want to manage their money in 2026.”
A New Concept Branch Built Around the Customer
The St. John’s location is Money Mart’s newest branch concept and reflects a refreshed approach to branch design. The layout is more spacious, with a private consultation area for customers who want to talk through their options without being overheard.
