Advanzia

Schuttrange, Luxembourg Founded: 2005 • Age: 21 yrs Acquired By Kistefos
Online direct bank
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About Advanzia

Advanzia is a company based in Schuttrange (Luxembourg) founded in 2005 was acquired by Kistefos in June 2006.. Advanzia offers products and services including Mastercard Gold, Advanzia Deposit Account, and Cards-as-a-Service. Advanzia operates in a competitive market with competitors including Revolut, Sogexia and FULLZ ONLINE BANK, among others.

  • Headquarter Schuttrange, Luxembourg
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Advanzia Bank S.A.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Kistefos

    (Jun 01, 2006)

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Products & Services of Advanzia

Advanzia offers a comprehensive portfolio of products and services, including Mastercard Gold, Advanzia Deposit Account, and Cards-as-a-Service. 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

No-fee credit card for private customers.

Deposit account offering attractive terms for individuals.

Custom credit card programs for companies and institutions.

People of Advanzia
Headcount 200-500
Employee Profiles 104
Employee Profiles
People
Alejandro Lopez Guerrero
Analytics And Controlling Officer
People
Mirjam Pape-Pizzardini
Head Of Digital Marketing And Sales
People
Guy Ngongo
Incident Manager & Devops Coordinator
People
Andrey Kononov
Credit Cards Product Manager

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Funding Insights of Advanzia

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

Investors in Advanzia

Advanzia has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kistefos. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
A private investment company managing diversified portfolios is operated.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Advanzia

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

Financial Statements - Advanzia

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

Advanzia Comparisons

Employees
+
Add Comparison
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Competitors of Advanzia

Advanzia 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 Revolut, Sogexia and FULLZ ONLINE BANK, 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
Banking solutions are provided for retail customers and businesses.
domain founded_year HQ Location
Digital banking services are offered to consumers and businesses.
domain founded_year HQ Location
Provides rapid IBAN issuance for SEPA and international transfers to individuals and businesses.
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 Advanzia

Frequently Asked Questions about Advanzia

When was Advanzia founded?

Advanzia was founded in 2005.

Where is Advanzia located?

Advanzia is headquartered in Schuttrange, Luxembourg.

What does Advanzia do?

Advanzia was established in 2005 as an online direct bank based in Schuttrange, Luxembourg. Retail banking services are focused on by the company, including no-fee Mastercard Gold credit cards issued through a partnership with MasterCard and euro-denominated savings accounts. Operations are conducted digitally without physical branches, targeting European customers with straightforward financial products.

Who are the top competitors of Advanzia?

Advanzia's top competitors include Revolut, Sogexia and FULLZ ONLINE BANK.

What products or services does Advanzia offer?

Advanzia offers Mastercard Gold, Advanzia Deposit Account, and Cards-as-a-Service.

Who are Advanzia's investors?

Advanzia has 1 investor. Key investors include Kistefos.

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