About Bank of New Zealand
Bank of New Zealand is a company based in Auckland (New Zealand) founded in 1861. It operates as a B2C. Bank of New Zealand has completed 1 acquisition, including Blink Pay Global Group. Bank of New Zealand operates in a competitive market with competitors including Scotiabank, ASB Bank, Kreissparkasse Biberach and RBFC, among others.
- Headquarter Auckland, New Zealand
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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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- Legal Name Bank Of New Zealand
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Software Development Team
186 people
Senior Team
64 people
Head Team
44 people
Leadership Team
35 people
Finance and Accounting
30 people
Product Management Team
22 people
Data Analysis and Operations Team
22 people
Sales and Marketing
19 people
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Funding Insights of Bank of New Zealand
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Bank of New Zealand
Bank of New Zealand has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Blink Pay Global Group. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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API integrated payment solutions for businesses
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bank of New Zealand
| 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 Of New Zealand Comparisons
Competitors of Bank of New Zealand
Bank of New Zealand 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, ASB Bank, Kreissparkasse Biberach and RBFC, 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 |
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are provided across New Zealand.
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Provides retail and business banking services with online platforms and financial products.
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A commercial bank offering deposits, loans, and payment services to customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bank Of New Zealand
Frequently Asked Questions about Bank of New Zealand
When was Bank of New Zealand founded?
Bank of New Zealand was founded in 1861.
Where is Bank of New Zealand located?
Bank of New Zealand is headquartered in Auckland, New Zealand.
What does Bank of New Zealand do?
Bank of New Zealand, established in 1861, excels in finance, banking, commercial banking, and retail and corporate services. Operates as a commercial bank, offering deposits, loans, and payment services to customers. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Bank of New Zealand?
Bank of New Zealand's top competitors include Scotiabank, ASB Bank and Kreissparkasse Biberach.
How many acquisitions has Bank of New Zealand made?
Bank of New Zealand has made 1 acquisition, including Blink Pay Global Group.