Banco Finterra

Mexico City, Mexico Founded: 2013 • Age: 13 yrs Acquired By Covalto
Commercial banking services are provided in Mexico.
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About Banco Finterra

Banco Finterra is a company based in Mexico City (Mexico) founded in 2013 was acquired by Covalto in June 2021.. Banco Finterra operates in a competitive market with competitors including Banorte, Citi, Scotiabank, Bank of America and Banamex, among others.

  • Headquarter Mexico City, Mexico
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Covalto

    (Jun 15, 2021)

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Funding Insights of Banco Finterra

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 Banco Finterra

Banco Finterra has secured backing from 1 investor. Prominent investors backing the company include Covalto. 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
Investor Description Founded Year Domain Location
Digital banking and financial services are provided to SMEs.
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 Banco Finterra

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 - Banco Finterra

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

Banco Finterra Comparisons

Employees
+
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Competitors of Banco Finterra

Banco Finterra 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 Banamex, 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.
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are offered in Mexico.
domain founded_year HQ Location
Commercial banking services are provided to clients in Mexico.
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 Banco Finterra

Frequently Asked Questions about Banco Finterra

When was Banco Finterra founded?

Banco Finterra was founded in 2013.

Where is Banco Finterra located?

Banco Finterra is headquartered in Mexico City, Mexico.

Who is the current CEO of Banco Finterra?

Mark McCoy is the current CEO of Banco Finterra.

What does Banco Finterra do?

Banco Finterra, founded in 2013 in Mexico City, Mexico, focuses on offering financial products and advice, banks, and commercial banks. Commercial bank. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Who are the top competitors of Banco Finterra?

Banco Finterra's top competitors include Citi, Banorte and Scotiabank.

Who are Banco Finterra's investors?

Banco Finterra has 1 investor. Key investors include Covalto.

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