About Burling Bank
Burling Bank is a company based in Chicago (United States) founded in 1989 was acquired by LevelField in February 2023.. The company has 13 employees as of December 31, 2022. Burling Bank offers products and services including Online Banking, Mobile Banking, Remote Deposit Capture, and Zelle Payments. Burling Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Chicago, United States
- Employees 13 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 Burling Bank
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
13
as on Dec 31, 2022
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Acquired by
LevelField
(Feb 02, 2023)
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Products & Services of Burling Bank
Burling Bank offers a comprehensive portfolio of products and services, including Online Banking, Mobile Banking, Remote Deposit Capture, and Zelle Payments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing accounts and transactions remotely
App for secure banking and payments on smartphones
Tool for depositing checks electronically
Service for quick and safe money transfers
Funding Insights of Burling Bank
| 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 |
Investors in Burling Bank
Burling Bank has secured backing from 1 investor. Prominent investors backing the company include LevelField. 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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Digital and traditional finance are united by a provided platform.
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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 Burling Bank
| 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 - Burling Bank
| 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 |
Burling Bank Comparisons
Competitors of Burling Bank
Burling Bank 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 Truist, Investec, Equity Bank, Citi and KeyBank, 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 |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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| domain | founded_year | HQ Location |
Regional bank
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Burling Bank
Frequently Asked Questions about Burling Bank
When was Burling Bank founded?
Burling Bank was founded in 1989.
Where is Burling Bank located?
Burling Bank is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Burling Bank?
Michael Busch is the current CEO of Burling Bank.
How many employees does Burling Bank have?
As of Dec 31, 2022, the latest employee count at Burling Bank is 13.
What does Burling Bank do?
Burling Bank was established in 1989 in Chicago, United States, as a commercial bank. Core operations focus on deposit accounts, loans, and financial services for corporate and personal clients. Activities are centered in the banking sector, with headquarters in Chicago supporting regional and national transactions. Leadership is provided by CEO and President Michael Busch, overseeing daily functions and strategic decisions.
Who are the top competitors of Burling Bank?
What products or services does Burling Bank offer?
Burling Bank offers Online Banking, Mobile Banking, Remote Deposit Capture, and Zelle Payments.
Who are Burling Bank's investors?
Burling Bank has 1 investor. Key investors include LevelField.