About Bank Fama International
Bank Fama International is a company based in Bandung (Indonesia) founded in 1993 was acquired by Emtek in November 2021.. Bank Fama International has raised $34.85 million across 1 funding round from investors including Grab, Singtel and Emtek. Bank Fama International operates in a competitive market with competitors including Bank of America, Scotiabank, Bank Central Asia, Bank Negara Indonesia and Danamon, among others.
- Headquarter Bandung, Indonesia
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Sectors
Financial Services
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Phone
*********
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Website
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Funding Insights of Bank Fama International
Bank Fama International has successfully raised a total of $34.85M through 1 strategic funding round. The most recent funding activity was a Series C round of $34.85 million completed in January 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 Funding
- Total Rounds 1
- Last Round Series C — $34.9M
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First Round
First Round
(21 Jan 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series C - Bank Fama International | 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 |
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Investors in Bank Fama International
Bank Fama International has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Grab, Singtel and Emtek. 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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Ride-hailing and on-demand delivery services are aggregated via mobile app.
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Founded Year | Domain | Location | |
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Integrated telecom and IPTV services are provided in Singapore.
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Founded Year | Domain | Location | |
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Media, healthcare, and financial services are provided across multiple sectors.
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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 Bank Fama International
| 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 - Bank Fama International
| 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 |
Bank Fama International Comparisons
Competitors of Bank Fama International
Bank Fama International 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 Bank of America, Scotiabank, Bank Central Asia, Bank Negara Indonesia and Danamon, 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 and asset management services are offered worldwide.
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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 services are offered to individuals and corporates.
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| domain | founded_year | HQ Location |
Commercial bank with international presence
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| domain | founded_year | HQ Location |
Commercial banking services are provided nationwide by Danamon.
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| domain | founded_year | HQ Location |
Finance company offering loans
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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 Bank Fama International
Frequently Asked Questions about Bank Fama International
When was Bank Fama International founded?
Bank Fama International was founded in 1993 and raised its 1st funding round 29 years after it was founded.
Where is Bank Fama International located?
Bank Fama International is headquartered in Bandung, Indonesia. It is registered at Bandung, West Java, Indonesia.
Is Bank Fama International a funded company?
Bank Fama International is a funded company, having raised a total of $34.85M across 1 funding round to date. The company's 1st funding round was a Series C of $34.85M, raised on Jan 21, 2022.
What does Bank Fama International do?
Bank Fama International was established in 1993 in Bandung, Indonesia, within the retail banking sector. Core operations involve deposit accounts, personal loans, and basic financial services for individual clients and small enterprises. Activities are primarily conducted in the local Indonesian market, with oversight from Managing Director Itjang Wibisono. The focus remains on accessible banking solutions in the region.
Who are the top competitors of Bank Fama International?
Bank Fama International's top competitors include Scotiabank, Bank Negara Indonesia and Bank of America.
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