BAM
About BAM
BAM is a company based in Guatemala City (Guatemala) was acquired by Bancolombia in June 2016. It operates as a Subscription Services, Commission-Based, and FinTech. BAM offers products and services including Cuenta Fácil, Tarjeta de Crédito, Seguros, Préstamos, and Tu360 Marketplace. BAM operates in a competitive market with competitors including Scotiabank, Corporacion Bi, Banco Cuscatlan, G & T Continental and InterBanco, among others.
- Headquarter Guatemala City, Guatemala
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Banco Agromercantil De Guatemala, S.A.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$225 M (USD), Debt – Conventional
Jul 25, 2019
-
Investors
Bancolombia
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Bancolombia
(Jun 01, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of BAM
BAM offers a comprehensive portfolio of products and services, including Cuenta Fácil, Tarjeta de Crédito, Seguros, Préstamos, and Tu360 Marketplace.
Digital account opened easily from mobile or computer.
Credit card with rewards and app subscription benefits.
Insurance plans tailored for family and home protection.
Loans provided for personal and financial goal achievement.
Exclusive marketplace offering products with unique client discounts.
People of BAM
Unlock access to complete
Funding Insights of BAM
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $225.0M
-
First Round
First Round
(25 Jul 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Debt – Conventional - BAM | Valuation |
investors |
Investors in BAM
BAM has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Bancolombia and International Finance Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
IFC is focused on private sector development in emerging markets.
|
Founded Year | Domain | Location | |
|
Bancolombia is recognized as a leading banking institution in Colombia.
|
Founded Year | Domain | Location |
Investments & Acquisitions by BAM
Financial Statements - BAM
Bam Comparisons
Competitors of BAM
BAM 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, Corporacion Bi, Banco Cuscatlan, G & T Continental and InterBanco, among others.
| 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 |
Banking regulations in Guatemala are overseen by Corporacion Bi.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered in El Salvador and Guatemala.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided to clients in Guatemala.
|
|
| domain | founded_year | HQ Location |
Offers banking, loans, investments, digital payments, and financial solutions for individuals and businesses.
|
|
| domain | founded_year | HQ Location |
Provides retail and business banking services with online platforms and financial products.
|
Frequently Asked Questions about BAM
BAM is headquartered in Guatemala City, Guatemala.
Banco Agromercantil de Guatemala, S.A., known as BAM, is involved in offering a wide range of financial solutions. Services provided include digital banking accounts, credit cards, personal loans, insurance products, and investment opportunities. A marketplace named Tu360 is also operated for exclusive client offers. The company focuses on sectors such as personal banking, private banking, and agribusiness. Financial wellness and cybersecurity education are emphasized through dedicated platforms. Operations are primarily based in Guatemala, with a commitment to technological access for children through partnerships like Funsepa.
BAM's top competitors include Scotiabank, Corporacion Bi and Banco Cuscatlan.
BAM offers Cuenta Fácil, Tarjeta de Crédito, Seguros, Préstamos, and Tu360 Marketplace.
BAM has 2 investors. Key investors include Bancolombia, and International Finance Corporation.