Banca Transilvania

Founded: 1993 • Age: 33 yrs
Retail and corporate banking services are provided in Romania.
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About Banca Transilvania

Banca Transilvania is a company founded in 1993. It operates as a Subscription Services, and FinTech. Banca Transilvania has raised $39.29 million across 5 funding rounds from investors including EBRD, European Investment Bank and IFC Asset Management Company. Banca Transilvania has completed 6 acquisitions, including BRD Pensii, ERB Leasing and Efin.ro. Banca Transilvania offers products and services including BT Pay, Current Account, Card Services, and Travel Insurance. Banca Transilvania operates in a competitive market with competitors including UniCredit, Scotiabank, BCR, CEC Bank and LIBRA INTERNET BANK, among others.

  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Banca Transilvania
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $39.29 M (USD)

    in 5 rounds

  • Latest Funding Round
    $24.76 M (USD), Debt – Conventional

    Sep 22, 2022

  • Investors
    EBRD

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    BRD Pensii

    & 5 more

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Products & Services of Banca Transilvania

Banca Transilvania offers a comprehensive portfolio of products and services, including BT Pay, Current Account, Card Services, and Travel Insurance. 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

Mobile banking app for managing accounts and payments.

Online account opening with zero commission fees offered.

Card issuance with free delivery in select countries.

Travel insurance tailored to individual travel preferences provided.

People of Banca Transilvania
Headcount 5000-10000
Employee Profiles 171
Board Members and Advisors 9
Employee Profiles
People
Ömer Tetik
CEO
People
Cojocariu Marian
Manager Relatii Clienti Microbusiness
People
Leontin Toderici
Deputy CEO & COO
People
Tatiana Lungu
Senior Credit Analyst Large Corporate

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Board Members and Advisors
people
Mirela Ileana Bordea
Board Member
people
Vasile Puscas
Board Member
people
Horia Ciorcila
Chairman
people
Lucyna Stanczak-Wuczynska
Non-Executive Independent Member

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Funding Insights of Banca Transilvania

Banca Transilvania has successfully raised a total of $39.29M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $24.76 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Debt – Conventional — $24.8M
  • First Round

    (01 Jun 2013)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Debt – Conventional - Banca Transilvania Valuation

investors

Feb, 2018 Amount Debt – Conventional - Banca Transilvania Valuation

investors

Nov, 2014 Amount Debt – Conventional - Banca Transilvania 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 Banca Transilvania

Banca Transilvania has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include EBRD, European Investment Bank and IFC Asset Management Company. 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
Investor Description Founded Year Domain Location
Corporate advisory services are provided across multiple sectors.
Founded Year Domain Location
Finance and advisory services for infrastructure projects are provided.
Founded Year Domain Location
Capital is mobilized and invested in sustainable emerging market companies.
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 Banca Transilvania

Banca Transilvania has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include BRD Pensii, ERB Leasing and Efin.ro. 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
Information and resources for pension plan management are provided.
2009
Consumer loans are compared online across diverse categories.
2006
OTP Bank is a retail banking company that offers internet banking services for individuals, allowing them to manage their bank accounts, make online payments, and access branch and ATM locators
2004
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 - Banca Transilvania

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

Banca Transilvania Comparisons

Employees
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Competitors of Banca Transilvania

Banca Transilvania 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 UniCredit, Scotiabank, BCR, CEC Bank and LIBRA INTERNET 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 bank
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Retail banking services are provided by BCR in Romania.
domain founded_year HQ Location
Commercial banking services are provided across Romania by CEC Bank.
domain founded_year HQ Location
Commercial banking services are offered digitally in Romania.
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 Banca Transilvania

Frequently Asked Questions about Banca Transilvania

When was Banca Transilvania founded?

Banca Transilvania was founded in 1993 and raised its 1st funding round 20 years after it was founded.

Is Banca Transilvania a funded company?

Banca Transilvania is a funded company, having raised a total of $39.29M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $18.76M, raised on Jun 01, 2013.

What does Banca Transilvania do?

Banca Transilvania is established as a prominent financial institution in Romania, focusing on retail banking solutions. Services are provided across various sectors including mobile banking through BT Pay, current accounts, card services, and travel insurance. Operations are extended internationally with card delivery services in countries like Italy, Spain, Germany, the United Kingdom, and Moldova. Innovative digital tools such as BT Visual Help and AI Search are integrated to enhance customer experience and provide banking information. Comprehensive financial solutions are offered to meet diverse customer needs with zero commission on account opening and management.

Who are the top competitors of Banca Transilvania?

Banca Transilvania's top competitors include Scotiabank, UniCredit and BCR.

What products or services does Banca Transilvania offer?

Banca Transilvania offers BT Pay, Current Account, Card Services, and Travel Insurance.

How many acquisitions has Banca Transilvania made?

Banca Transilvania has made 6 acquisitions, including BRD Pensii, ERB Leasing, and Efin.ro.

Who are Banca Transilvania's investors?

Banca Transilvania has 3 investors. Key investors include EBRD, European Investment Bank, and IFC Asset Management Company.

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