About Chase Bank
Chase Bank is a company based in Nairobi (Kenya) founded in 2010 was acquired by State Bank of Mauritius in August 2018.. Chase Bank has raised $10.5 million across 3 funding rounds from investors including State Bank of Mauritius, FMO and Global Climate Partnership Fund. Chase Bank operates in a competitive market with competitors including Scotiabank, I&M Bank, Sidian Bank, Family Bank and Diamond Trust Bank, among others.
- Headquarter Nairobi, Kenya
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$10.5 M (USD)
in 3 rounds
-
Latest Funding Round
$30 M (USD), Debt – Conventional
Dec 09, 2015
-
Investors
State Bank of Mauritius
& 3 more
-
Employee Count
Employee Count
-
Acquired by
State Bank of Mauritius
(Aug 21, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Chase Bank
Chase Bank has successfully raised a total of $10.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in December 2015. 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 3
- Last Round Debt – Conventional — $30.0M
-
First Round
First Round
(06 Mar 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Debt – Conventional - Chase Bank | Valuation |
investors |
|
| Sep, 2014 | Amount | Debt – Conventional - Chase Bank | Valuation |
investors |
|
| Mar, 2013 | Amount | Series A - Chase Bank | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chase Bank
Chase Bank has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include State Bank of Mauritius, FMO and Global Climate Partnership Fund. 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 |
|---|---|---|---|---|
|
PE and VC investments are directed toward sustainable climate projects.
|
Founded Year | Domain | Location | |
|
Development financing is provided for entrepreneurial ventures in emerging markets.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Chase Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Chase Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chase Bank Comparisons
Competitors of Chase Bank
Chase 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 Scotiabank, I&M Bank, Sidian Bank, Family Bank and Diamond Trust Bank, 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 services are provided internationally by Scotiabank.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered in Kenya.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided in Kenya by Sidian Bank.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered to clients in Kenya.
|
|
| domain | founded_year | HQ Location |
Commercial bank
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Chase Bank
Frequently Asked Questions about Chase Bank
When was Chase Bank founded?
Chase Bank was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is Chase Bank located?
Chase Bank is headquartered in Nairobi, Kenya.
Who is the current CEO of Chase Bank?
Duncan Kabui is the current CEO of Chase Bank.
Is Chase Bank a funded company?
Chase Bank is a funded company, having raised a total of $10.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.5M, raised on Mar 06, 2013.
What does Chase Bank do?
Chase Bank was established in 2010 and is headquartered in Nairobi, Kenya. Operations focus on commercial banking within the financial sector, where deposits, loans, and payment services are managed for corporate and personal clients. The bank serves the Kenyan market through its digital domain and physical branches, with leadership provided by CEO Duncan Kabui. Standard regulatory compliance is maintained across all activities.
Who are the top competitors of Chase Bank?
Chase Bank's top competitors include Scotiabank, Sidian Bank and Family Bank.
Who are Chase Bank's investors?
Chase Bank has 4 investors. Key investors include State Bank of Mauritius, FMO, Global Climate Partnership Fund, and Amethis.