About Banamex
Banamex is a company based in Mexico City (Mexico) founded in 1884 was acquired by Santander in February 2022.. Banamex operates in a competitive market with competitors including Banorte, Citi, Scotiabank, Bank of America and Gob, among others.
- Headquarter Mexico City, Mexico
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Leadership Team
84 people
Software Development Team
36 people
Sales and Marketing
10 people
Head Team
8 people
Legal and Compliance
8 people
Product Management Team
8 people
Finance and Accounting
7 people
Human Resources and Administration
7 people
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Funding Insights of Banamex
| 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 |
Investors in Banamex
Banamex has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Santander and BlackRock. 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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Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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Founded Year | Domain | Location | |
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Commercial banking services are provided to individuals and institutions globally.
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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 Banamex
| 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 |
Financial Statements - Banamex
| 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 |
Banamex Comparisons
Competitors of Banamex
Banamex 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 Banorte, Citi, Scotiabank, Bank of America and Gob, 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 to individuals and corporations.
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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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 and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to clients in Mexico.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Banamex
Frequently Asked Questions about Banamex
When was Banamex founded?
Banamex was founded in 1884.
Where is Banamex located?
Banamex is headquartered in Mexico City, Mexico.
Who is the current CEO of Banamex?
Ernesto Cantu is the current CEO of Banamex.
What does Banamex do?
Banamex was established in 1884 as a commercial bank headquartered in Mexico City, Mexico. Operations are focused on the financial sector, where retail and corporate banking services, including deposits, loans, and investment options, are provided to customers across the country. Leadership is held by CEO Ernesto Cantu, with activities centered on supporting economic transactions in the Mexican market.
Who are the top competitors of Banamex?
Banamex's top competitors include Citi, Banorte and Scotiabank.