About AstroBank
AstroBank is a company based in Nicosia (Cyprus) founded in 2007 was acquired by Alpha Bank in February 2025.. AstroBank has completed 1 acquisition, including USB Bank. AstroBank operates in a competitive market with competitors including Scotiabank, Hellenic Bank, Bank of Cyprus, Kreissparkasse Biberach and USB Bank, among others.
- Headquarter Nicosia, Cyprus
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Alpha Bank
(Feb 27, 2025)
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Funding Insights of AstroBank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AstroBank
AstroBank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alpha Bank. 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.
| Investor | Description | Founded Year | Domain | Location |
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Alpha Bank is recognized as a leading financial institution in Greece.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AstroBank
AstroBank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include USB Bank. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial banking services are provided in Cyprus since 1925.
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1925 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - AstroBank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Astrobank Comparisons
Competitors of AstroBank
AstroBank 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 Scotiabank, Hellenic Bank, Bank of Cyprus, Kreissparkasse Biberach and USB 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 |
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Cyprus by Hellenic Bank.
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| domain | founded_year | HQ Location |
Banking and financial services are provided by Bank of Cyprus.
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| domain | founded_year | HQ Location |
Provides retail and business banking services with online platforms and financial products.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Cyprus since 1925.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Astrobank
Frequently Asked Questions about AstroBank
When was AstroBank founded?
AstroBank was founded in 2007.
Where is AstroBank located?
AstroBank is headquartered in Nicosia, Cyprus.
Who is the current CEO of AstroBank?
George Appios is the current CEO of AstroBank.
What does AstroBank do?
AstroBank was established in 2007 as a commercial bank based in Nicosia, Cyprus. Operations focus on standard banking activities, including deposit management, lending, and financial transactions for retail and corporate clients. Services encompass account handling, loans, and payment processing within the Cypriot market. Leadership is provided by CEO George Appios, with the institution serving local economic needs through its astrobank.com domain.
Who are the top competitors of AstroBank?
AstroBank's top competitors include Scotiabank, Hellenic Bank and Bank of Cyprus.
How many acquisitions has AstroBank made?
AstroBank has made 1 acquisition, including USB Bank.
Who are AstroBank's investors?
AstroBank has 1 investor. Key investors include Alpha Bank.
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