About Aldermore Bank
Aldermore Bank is a Financial Services company based in Wilmslow (United Kingdom) founded in 2009, and was acquired by FirstRand in October 2017. SME-focused banking services are offered to consumers and businesses. Aldermore Bank has raised $218.26 million across 4 funding rounds from investors including Honeywell, Morgan Stanley and FirstRand. Aldermore Bank has completed 1 acquisition, including Unite People. Its chief executive, as recorded, is Phillip Monks. Its website aldermore.co.uk draws about 247 thousand monthly visits. Aldermore Bank offers products and services including Personal Savings Accounts, Mortgages, Business Finance, and Motor Finance. Its focus areas include Banks, Commercial Banks, FinTech and Banking Tech. Its legal entity is ALDERMORE BANK PLC. Its competitors include Starling Bank, Monzo and Metro Bank; 3 of its 3 listed competitors have raised funding.
Company details
Aldermore Bank was founded in 2009 and is headquartered in Wilmslow, United Kingdom. Commercial banking services are provided, with a focus on small and medium-sized enterprises through savings accounts, mortgages, and specialist lending. Products include asset finance, invoice finance, SME commercial mortgages, and residential mortgages. Customers and intermediaries are served online, by telephone, and in person via regional offices across the UK.
- Headquarters Wilmslow, United Kingdom
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Email••••••••
- Website aldermore.co.uk
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by FirstRand (Oct 2017)
- Legal Name Aldermore Bank Plc
- Date of Incorporation 10 Feb, 1969
- Jurisdiction READING
Products & Services of Aldermore Bank
Aldermore Bank offers a comprehensive portfolio of products and services, including Personal Savings Accounts, Mortgages, Business Finance, and Motor Finance.
Accounts offering competitive interest rates for individual savers
Loans for residential and buy-to-let property purchases
Funding solutions for business growth and operations
Financing options for vehicles like cars and motorcycles
Apps and channels of Aldermore Bank
its YouTube channel Aldermore Bank has 826 subscribers and 30 videos.
Videos from Aldermore Bank
The most watched videos on Aldermore Bank's YouTube channel, Aldermore Bank (826 subscribers). Click a video to play it here.
More on Aldermore Bank.
Funding Insights of Aldermore Bank
Aldermore Bank has successfully raised a total of $218.26M across 4 strategic funding rounds. The most recent funding activity was a Private Equity Round of $60.61 million completed in January 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $218.26M
- Total Rounds 4
- Last Round Private Equity Round — $60.61M
- First Round $73.97M
(Jul 2009)
- Investors Count 7
All 4 funding rounds of Aldermore Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2014 | $60.61M | Private Equity Round | – | – | |
| May 2012 | $64.47M | Debt – Conventional | – | – | – |
| Sep 2011 | $83.68M | Private Equity Round | – | Goldman Sachs Asset Management, Honeywell | |
| Jul 2009 | $73.97M | Private Equity Round | – | – |
8 investors in total: 8 institutional.
Investors in Aldermore Bank
Aldermore Bank has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Honeywell, Morgan Stanley and FirstRand.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on mid-market financial, technology, and business services companies | anacapfp.com | London, United Kingdom | ||
Toscafund is engaged in specialist investment management services. | toscafund.com | London, United Kingdom | ||
Offers fundamental equity investing and management for institutional clients since 1998. | 1998 | lansdownepartners.com | London, United Kingdom | |
Global asset management and investment solutions are provided. | 1989 | gsam.com | London, United Kingdom | |
Diversified electronics and automation equipment are manufactured and supplied. | 1885 | honeywell.com | United States | |
Manages pension plans, health care, and retirement resources for public sector workers. | 1935 | opers.org | Columbus, United States | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States | |
Provider of financial management services | 1998 | firstrand.co.za | Johannesburg, South Africa |
Investor details for Aldermore Bank
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Aldermore Bank
157 people are tracked at Aldermore Bank (64 in leadership, 6 in board & advisors, 87 in team).
| Name | Role | Group |
|---|---|---|
Pat Butler | Chairman | Leadership |
Phillip Monks | Ex-CEO | Leadership |
Danielle Soto | Group Managing Director, Savings & Commercial Shared Services | Leadership |
Ranjit Golar | Head Of Legal - Treasury & Capital Markets | Leadership |
David Fraher | Head Of Product - Business Finance | Leadership |
Sarah Farquharson | Head Of Operations Enablement | Leadership |
David Hughes | Head Of Fleet Funding Solutions - Specialist Asset Finance | Leadership |
Anthony Priest | Head Of Payments | Leadership |
Lee Rhodes | Commercial Director - Asset Finance | Leadership |
Sue Stewart | Property Risk Partner At Aldermore Plc | Leadership |
Joanna Tibbs | Head Of Group Strategy Delivery | Leadership |
Steven Cooper | CEO | Leadership |
Rania Pugh | Head Of Structured And Specialist Finance Operations | Leadership |
Tim Boag | Group Managing Director, Business Finance | Leadership |
Stephanie Durkin | Head Of Operational Resilience And Supplier Management | Leadership |
Nick Ulycz | Chief Operating Officer | Leadership |
Tom Harding | Head Of ESG & Sustainability | Leadership |
Azfar Rizvi | Commercial Director - Head Of Commercial Real Estate UK | Leadership |
Ashley Gough | Head Of Risk - Technology, Cyber And Data | Leadership |
Ross Dalzell | Managing Director, Property | Leadership |
137 more people are available in the full profile.
Complete people profiles for Aldermore Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Aldermore Bank
Aldermore Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Unite People.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Recruitment services for the construction sector are provided. | unitepeople.co.uk | London, United Kingdom | 2016 | Oct 2022 | •••• |
Complete acquisition details for Aldermore Bank
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Timeline of Aldermore Bank
6 dated milestones of Aldermore Bank across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Aldermore Bank is founded.
- Funding First funding round of $74.0M.
- Funding Latest funding round, Private Equity Round, of $60.6M.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by FirstRand.
- Acquisition Acquires Unite People.
Competitors of Aldermore Bank
Aldermore Bank has 3 listed competitors in our database, 3 of them funded. They include Starling Bank, Monzo and Metro Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| starlingbank.com | 2014 | London, United Kingdom | $1.01B | 3,231 | Digital banking services are offered to consumers and businesses. | |
| monzo.com | 2015 | London, United Kingdom | $2.37B | 3,119 | Internet first bank for individuals and businesses | |
| metrobankonline.co.uk | 2010 | London, United Kingdom | $564M | 4,184 | Commercial banking services are provided in the United Kingdom. |
Detailed competitors of Aldermore Bank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Aldermore Bank
The website of Aldermore Bank (aldermore.co.uk) receives about 247.5K visits a month and ranks #213,768 among all websites worldwide, #3,309 in Banking Credit and Lending.
- Monthly visits247.5K
▲ 44.8% vs previous month
- Unique visitors73K
per month
- Global rank#213,768
among all websites
- Category rank#3,309
Finance · Banking Credit and Lending
- Bounce rate36%
- Pages per visit3.3
- Average visit2 min 31 sec
- DevicesDesktop 63% · Mobile 37%
Websites whose visitors overlap most with Aldermore Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| santander.co.uk | 100% | 14M | #2,399 | View details | |
| nationwide.co.uk | 81% | 9.7M | #4,283 | View details | |
| natwest.com | 80% | 12.8M | #3,366 | View details | |
| coventrybuildingsociety.co.uk | 80% | #51,059 | View details | ||
| shawbrook.co.uk | 79% | 361.6K | #93,932 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Aldermore Bank
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- 40 similar websites
- Audience overlap
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Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Aldermore Bank (Banking & FinTech Platforms) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | 3,462 | ||
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 |
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Related news about Aldermore Bank
Complete news archive for Aldermore Bank
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Frequently Asked Questions about Aldermore Bank
Aldermore Bank was founded in 2009.
Aldermore Bank is headquartered in Wilmslow, United Kingdom. It is registered at Wilmslow, Cheshire, United Kingdom.
Phillip Monks is the CEO of Aldermore Bank, as recorded in our data.
Aldermore Bank is a funded company, having raised a total of $218.26M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $73.97M, raised on Jul 2009.
Aldermore Bank was founded in 2009 and is headquartered in Wilmslow, United Kingdom. Commercial banking services are provided, with a focus on small and medium-sized enterprises through savings accounts, mortgages, and specialist lending. Products include asset finance, invoice finance, SME commercial mortgages, and residential mortgages. Customers and intermediaries are served online, by telephone, and in person via regional offices across the UK.
Aldermore Bank's top competitors include Monzo, Starling Bank and Metro Bank.
Aldermore Bank offers Personal Savings Accounts, Mortgages, Business Finance, and Motor Finance.
Aldermore Bank has made 1 acquisition, including Unite People.
Aldermore Bank has 8 investors. Key investors include Honeywell, Morgan Stanley, FirstRand, Goldman Sachs Asset Management, and Toscafund.
Aldermore Bank operates through Aldermore Bank Plc.
Yes. Aldermore Bank was acquired by FirstRand in October 2017.
The website of Aldermore Bank receives about 247 thousand visits a month and ranks #213,768 among all websites worldwide.