About Bank Salad
Bank Salad is a Financial Services company based in Seoul (South Korea) founded in 2012 by Kim Tae-hoon. It operates as a loans and savings are compared on an online consumer platform. Bank Salad has raised $81.95 million across 6 funding rounds from investors including Kia, KT and Atinum Investment. Its chief executive is Kim Tae-hoon. Its website banksalad.com draws about 2.7 million monthly visits. Its focus areas include FinTech, Banking Tech, Savings Comparison Platform and Alternative Lending. Its legal entity is Rainist Co., Ltd. Its competitors include FINSET, one savings, Bank Mall and Loan Cafe.
Company details
Bank Salad was established in 2012 in Seoul, South Korea, within the fintech sector. An online platform is provided for consumers to compare credit card loans, personal loans, and savings deposits. Financial management tips and investment recommendations are also offered, alongside free genetic testing kits. The service is accessible through apps on Android and iOS devices.
- Headquarters Seoul, South Korea
- Founders Kim Tae-hoon
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Website banksalad.com
- Social LinkedIn X
- Legal Name Rainist Co., Ltd.
- Total Equity Funding$81.95M (USD)
in 6 rounds
- Latest Funding Round$8.72M (USD), Series C
Aug 2021
- InvestorsKia
& 10 more
Funding Insights of Bank Salad
Bank Salad has successfully raised a total of $81.95M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $8.72 million completed in August 2021. 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 $81.95M
- Total Rounds 6
- Last Round Series C — $8.72M
- First Round $1.62M
(Jun 2015)
- Investors Count 11
All 6 funding rounds of Bank Salad with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $8.72M | Series C | – | Kia | – |
| Jun 2021 | $22.27M | Series C | – | – | |
| Aug 2019 | $37.07M | Series C | – | Company K Partners, IMM Investment | |
| Oct 2018 | $12.27M | Series B | – | Murex Partners, Dunamu & Partners | |
| Aug 2018 | – | Series B | – | BASS Investment | – |
| Jun 2015 | $1.62M | Seed | – | – | – |
11 investors in total: 11 institutional.
Investors in Bank Salad
Bank Salad has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Kia, KT and Atinum Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in tech startups | 2006 | kpartners.co.kr | Seoul, South Korea | |
Growth stage companies are targeted for private equity investments. | – | imm.co.kr | Gangnam, South Korea | |
Early-stage tech and life sciences focused VC & PE firm | – | stonebridge.co.kr | Seoul, South Korea | |
Venture capital fund investing in early-stage tech startups | 1990 | kbic.co.kr | Seoul, South Korea | |
VC firm investing in geographies such as South Korea | 1988 | atinuminvest.co.kr | Seoul, South Korea | |
VC firm for seed to growth-stage firms | – | murexpartners.com | Seoul, South Korea | |
- | – | gorillainvestment.com | - | |
Venture capital firm backed by Dunamu | – | dunamupartners.com | Seoul, South Korea | |
BASS Ventures is engaged in empowering visionary founders through investments. | – | bass.vc | - | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | kia.com | Irvine, United States |
Investor details for Bank Salad
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Bank Salad
1 people are tracked at Bank Salad (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kim Tae-hoon | Founder & CEO | Leadership |
Complete people profiles for Bank Salad
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Timeline of Bank Salad
3 dated milestones of Bank Salad across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Bank Salad is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Series C, of $8.7M.
Competitors of Bank Salad
Bank Salad has 4 listed competitors in our database. They include FINSET, one savings, Bank Mall and Loan Cafe, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| finset.io | 2017 | Seoul, South Korea | – | – | Consumer and business loans are compared through an online platform. | |
| cyberbank.kr | 2020 | Seoul, South Korea | – | – | Savings comparison platform is developed for time deposit products. | |
| bank-mall.co.kr | 2013 | Seoul, South Korea | – | – | Online platform for comparing loans including housing and business options. | |
| loan-cafe.com | 2017 | Daejeon, South Korea | – | – | Provides a lead generation platform for loan products in the financial sector. |
Detailed competitors of Bank Salad
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- Full competitor set
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Web traffic of Bank Salad
The website of Bank Salad (banksalad.com) receives about 2.7M visits a month and ranks #31,364 among all websites worldwide, #2,004 in Financial Planning and Management.
- Monthly visits2.7M
▲ 18.5% vs previous month
- Unique visitors1.5M
per month
- Global rank#31,364
among all websites
- Category rank#2,004
Finance · Financial Planning and Management
- Bounce rate47%
- Pages per visit1.7
- Average visit36 sec
- DevicesDesktop 13% · Mobile 87%
Websites whose visitors overlap most with Bank Salad. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| shinhancard.com | 100% | 17.8M | #2,515 | View details | |
e-insmarket.or.kr | e-insmarket.or.kr | 93% | – | #199,626 | – |
| hyundaicard.com | 90% | 7.1M | #7,876 | View details | |
| samsungcard.com | 87% | 7.5M | #8,606 | View details | |
hf.go.kr | hf.go.kr | 87% | – | #48,186 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Bank Salad
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- 40 similar websites
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Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Bank Salad (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Related news about Bank Salad
Complete news archive for Bank Salad
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Frequently Asked Questions about Bank Salad
Bank Salad was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Bank Salad is headquartered in Seoul, South Korea.
Kim Tae-hoon is the current CEO of Bank Salad. They have also founded this company.
Bank Salad is a funded company, having raised a total of $81.95M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.62M, raised on Jun 2015.
Bank Salad was established in 2012 in Seoul, South Korea, within the fintech sector. An online platform is provided for consumers to compare credit card loans, personal loans, and savings deposits. Financial management tips and investment recommendations are also offered, alongside free genetic testing kits. The service is accessible through apps on Android and iOS devices.
Bank Salad's top competitors include one savings, FINSET and Bank Mall.
Bank Salad has 11 investors. Key investors include Kia, KT, Atinum Investment, KB Investment, and Company K Partners.
Bank Salad operates through Rainist Co., Ltd..
The website of Bank Salad receives about 2.7 million visits a month and ranks #31,364 among all websites worldwide.