Azania Bank

Founded: 1995 • Age: 31 yrs
Provides banking services for personal and business needs in Tanzania.
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About Azania Bank

Azania Bank is a company founded in 1995. It operates as a B2C, and B2B. Azania Bank offers products and services including Internet Banking, Mobile Banking, SME Loans, and Savings Account. Azania Bank operates in a competitive market with competitors including Scotiabank, CRDB Bank, NMB Bank, Akiba Commercial Bank and EFC Tanzania Microfinance Bank, among others.

  • Sectors
    Financial Services
  • Email
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  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name Azania Bank
Operational Areas
Financial Services → Banking & Financial Institutions
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Azania Bank

Azania Bank offers a comprehensive portfolio of products and services, including Internet Banking, Mobile Banking, SME Loans, and Savings Account. 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

Online platform for managing accounts and transactions securely.

App-based service for quick financial transactions via mobile.

Loans designed to support small and medium enterprises.

Account for secure savings and interest accumulation.

Funding Insights of Azania Bank

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 Azania Bank

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 - Azania 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

Azania Bank Comparisons

Employees
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Competitors of Azania Bank

Azania 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 Scotiabank, CRDB Bank, NMB Bank, Akiba Commercial Bank and EFC Tanzania Microfinance 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
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking services are provided by CRDB Bank in Tanzania.
domain founded_year HQ Location
Commercial banking services are provided in Tanzania since 2005.
domain founded_year HQ Location
Commercial banking services are provided to clients in Tanzania.
domain founded_year HQ Location
Microfinance services are extended to underserved clients in Tanzania.
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 Azania Bank

Frequently Asked Questions about Azania Bank

When was Azania Bank founded?

Azania Bank was founded in 1995.

What does Azania Bank do?

Azania Bank is a financial institution based in Tanzania that offers a range of services including personal savings accounts, business loans, digital banking platforms, and trade finance. It operates through branches and online channels, serving individuals and businesses with products like mobile banking and overdraft facilities. Located primarily in Dar es Salaam, it facilitates transactions and advisory for local and international clients, focusing on accessibility and security.

Who are the top competitors of Azania Bank?

Azania Bank's top competitors include Scotiabank, CRDB Bank and Akiba Commercial Bank.

What products or services does Azania Bank offer?

Azania Bank offers Internet Banking, Mobile Banking, SME Loans, and Savings Account.

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