About Banco Cuscatlan
Banco Cuscatlan is a company based in El Salvador (Guatemala) founded in 1997.. Banco Cuscatlan offers products and services including Online Chat Support. Banco Cuscatlan operates in a competitive market with competitors including Scotiabank, Corporacion Bi, G & T Continental, InterBanco and Kreissparkasse Biberach, among others.
- Headquarter El Salvador, Guatemala
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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
$30 M (USD), Debt – Conventional
Jan 06, 2022
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Investors
IDB Invest
& 1 more
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Employee Count
Employee Count
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Products & Services of Banco Cuscatlan
Banco Cuscatlan offers a comprehensive portfolio of products and services, including Online Chat Support. 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.
Enables real-time queries for banking assistance
Funding Insights of Banco Cuscatlan
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $30.0M
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First Round
First Round
(14 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Debt – Conventional - Banco Cuscatlan | Valuation |
investors |
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| Jun, 2020 | Amount | Debt – Conventional - Banco Cuscatlan | Valuation |
investors |
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| Jun, 2019 | Amount | Debt – Conventional - Banco Cuscatlan | Valuation |
investors |
| 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 Banco Cuscatlan
Banco Cuscatlan has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IDB Invest and eco.business Fund. 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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Growth funds in strategic sectors are supported by IDB Invest.
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Founded Year | Domain | Location | |
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Investments are made in biodiversity conservation across regions.
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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 Banco Cuscatlan
| 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 - Banco Cuscatlan
| 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 |
Banco Cuscatlan Comparisons
Competitors of Banco Cuscatlan
Banco Cuscatlan 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, G & T Continental, InterBanco and Kreissparkasse Biberach, 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.
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| domain | founded_year | HQ Location |
Banking regulations in Guatemala are overseen by Corporacion Bi.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to clients in Guatemala.
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| domain | founded_year | HQ Location |
Offers banking, loans, investments, digital payments, and financial solutions for individuals and businesses.
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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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| 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 Banco Cuscatlan
Frequently Asked Questions about Banco Cuscatlan
When was Banco Cuscatlan founded?
Banco Cuscatlan was founded in 1997 and raised its 1st funding round 22 years after it was founded.
Where is Banco Cuscatlan located?
Banco Cuscatlan is headquartered in El Salvador, Guatemala.
What does Banco Cuscatlan do?
Banco Cuscatlan was established in 1997 as a commercial bank operating primarily in El Salvador and Guatemala. Financial services, including deposits, loans, and payment processing, are provided to individuals and businesses across these regions. Expansion into Guatemala has been achieved through branch networks and digital platforms. The banks domain, bancocuscatlan.com, supports online banking access for clients in Central America.
Who are the top competitors of Banco Cuscatlan?
Banco Cuscatlan's top competitors include Scotiabank, Corporacion Bi and G & T Continental.
What products or services does Banco Cuscatlan offer?
Banco Cuscatlan offers Online Chat Support.
Who are Banco Cuscatlan's investors?
Banco Cuscatlan has 2 investors. Key investors include IDB Invest, and eco.business Fund.