Aquesta Bank

Cornelius, United States Founded: 2006 • Age: 20 yrs Acquired By United Community Bank
Commercial banking services are provided to private sector clients.

About Aquesta Bank

Aquesta Bank is a company based in Cornelius (United States) founded in 2006 was acquired by United Community Bank in May 2021.. Aquesta Bank has completed 1 acquisition, including Oswald Trippe. Aquesta Bank offers products and services including Checking Account, Savings Account, Personal Loans, and Online Banking. Aquesta Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.

  • Headquarter Cornelius, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $15 M (USD), Post-IPO

    Feb 01, 2019

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    United Community Bank

    & 1 more

    (May 27, 2021)

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Products & Services of Aquesta Bank

Aquesta Bank offers a comprehensive portfolio of products and services, including Checking Account, Savings Account, Personal Loans, and Online Banking. 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 daily transactions and deposits

Option for earning interest on saved funds

Loans for debt consolidation and purchases

Platform for account management and transfers

Funding Insights of Aquesta Bank

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $15.0M
  • First Round

    (01 Feb 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2019 Amount Post-IPO - Aquesta Bank Valuation

investors

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 Aquesta Bank

Aquesta Bank has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include United Community, NFP and Castle Creek Capital. 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
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Personal, property, casualty, and retirement insurance advisory services are provided.
Founded Year Domain Location
Commercial banking services are provided to businesses and communities.
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 Aquesta Bank

Aquesta Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Oswald Trippe. 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
Provider of insurance brokerage services
1982
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 - Aquesta Bank

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

Aquesta Bank Comparisons

Employees
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Competitors of Aquesta Bank

Aquesta Bank 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 Truist, Investec, Equity Bank, Citi and KeyBank, 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
Wealth advisory and banking services are offered to clients.
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
domain founded_year HQ Location
Regional bank
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
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 Aquesta Bank

Frequently Asked Questions about Aquesta Bank

When was Aquesta Bank founded?

Aquesta Bank was founded in 2006 and raised its 1st funding round 13 years after it was founded.

Where is Aquesta Bank located?

Aquesta Bank is headquartered in Cornelius, United States. It is registered at Cornelius, North Carolina, United States.

What does Aquesta Bank do?

Aquesta Bank was established in 2006 as a private sector commercial bank headquartered in Cornelius, United States. Operations are centered on delivering standard banking services, including deposits, loans, and financial products to businesses and individuals. The institution functions within the financial sector, serving regional markets through its online platform at questa.com. Focus is maintained on core commercial activities without broader international expansion.

Who are the top competitors of Aquesta Bank?

Aquesta Bank's top competitors include Truist, Investec and Citi.

What products or services does Aquesta Bank offer?

Aquesta Bank offers Checking Account, Savings Account, Personal Loans, and Online Banking.

How many acquisitions has Aquesta Bank made?

Aquesta Bank has made 1 acquisition, including Oswald Trippe.

Who are Aquesta Bank's investors?

Aquesta Bank has 3 investors. Key investors include United Community, NFP, and Castle Creek Capital.

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