About Bancsource
Bancsource is a company based in Springfield (United States) founded in 1979 was acquired by Cennox in May 2021.. The company has 326 employees as of December 31, 2022.
- Headquarter Springfield, United States
- Employees 326 as on 31 Dec, 2022
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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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Social
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- Legal Name Bancsource Inc
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Leadership Team
2 people
ATM Team
1 people
Sales and Marketing
1 people
Customer Team
1 people
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Funding Insights of Bancsource
| 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 Bancsource
Bancsource has secured backing from 2 investors. Prominent investors backing the company include Cennox and CW Industrial Partners. 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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Bank equipment maintenance services are provided to financial institutions.
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Founded Year | Domain | Location | |
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A private equity firm focused on industrial business investments.
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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 Bancsource
| 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 - Bancsource
| 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 |
Bancsource Comparisons
Competitors of Bancsource
| 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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Frequently Asked Questions about Bancsource
When was Bancsource founded?
Bancsource was founded in 1979.
Where is Bancsource located?
Bancsource is headquartered in Springfield, United States.
Who is the current CEO of Bancsource?
Mychal Kempt is the current CEO of Bancsource.
How many employees does Bancsource have?
As of Dec 31, 2022, the latest employee count at Bancsource is 326.
What does Bancsource do?
Bancsource was founded in 1979 and is headquartered in Springfield, United States. ATM installation services are offered by the company within the financial technology sector. Operations focus on deploying and maintaining ATMs for clients across various locations. The organization is led by CEO Mychal Kempt, with activities centered on reliable infrastructure support in the banking industry.
Who are Bancsource's investors?
Bancsource has 2 investors. Key investors include Cennox, and CW Industrial Partners.
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