ABANCA

A Coruna, Spain Founded: 2014 • Age: 12 yrs
Commercial banking services are provided across Spain by ABANCA.
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About ABANCA

ABANCA is a company based in A Coruna (Spain) founded in 2014. It operates as a Subscription Services, and Brokerage / Intermediation. ABANCA has completed 4 acquisitions, including Banco Caixa Geral, EuroBic and Nueva Pescanova. ABANCA offers products and services including Cuenta Nómina, Hipotecas, Tarjetas, Seguros, and Inversión y Bolsa. ABANCA operates in a competitive market with competitors including Santander, Caixabank, Bank of America, Scotiabank and UniCredit, among others.

  • Headquarter A Coruna, Spain
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Abanca Corporación Bancaria, S.A.
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of ABANCA

ABANCA offers a comprehensive portfolio of products and services, including Cuenta Nómina, Hipotecas, Tarjetas, Seguros, and Inversión y Bolsa. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Account for payroll with no commission fees offered.

Mortgage options are provided for home purchase financing.

Debit and credit cards are issued for transactions.

Insurance products are offered for various personal needs.

Investment portfolios are managed by expert financial teams.

Funding Insights of ABANCA

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by ABANCA

ABANCA has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Banco Caixa Geral, EuroBic and Nueva Pescanova. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Commercial banking services are offered in Portugal.
2008
Commercial bank
1969
Seafood is produced and distributed across the full value chain.
1960
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ABANCA

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Abanca Comparisons

Employees
+
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Competitors of ABANCA

ABANCA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Santander, Caixabank, Bank of America, Scotiabank and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial banking services are provided to individuals and institutions globally.
domain founded_year HQ Location
Banking products and services are offered to individuals and businesses.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Retail and business banking services are provided in Spain.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Abanca

Frequently Asked Questions about ABANCA

When was ABANCA founded?

ABANCA was founded in 2014.

Where is ABANCA located?

ABANCA is headquartered in A Coruna, Spain. It is registered at A Coruna, Galicia, Spain.

Who is the current CEO of ABANCA?

Francisco Botas Ratera is the current CEO of ABANCA.

What does ABANCA do?

ABANCA is established as a financial institution providing a wide range of banking services in Spain. Retail banking, personal loans, mortgages, insurance, and investment solutions are offered to individuals and businesses. Operations are supported through a network of approximately 900 offices and a robust digital platform. International presence is maintained in countries like Portugal and the USA. Customer-focused services are delivered with an emphasis on accessibility and security through innovative technologies like the Llave ABANCA app.

Who are the top competitors of ABANCA?

ABANCA's top competitors include Caixabank, Scotiabank and Bank of America.

What products or services does ABANCA offer?

ABANCA offers Cuenta Nómina, Hipotecas, Tarjetas, Seguros, and Inversión y Bolsa.

How many acquisitions has ABANCA made?

ABANCA has made 4 acquisitions, including Banco Caixa Geral, EuroBic, and Nueva Pescanova.

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