Choice Financial

Fargo, United States Founded: 2001 • Age: 25 yrs
Commercial bank
Annual revenue - Latest available
Total funding $15.4M 4 rounds
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Choice Financial

Choice Financial is a company based in Fargo (United States) founded in 2001. Choice Financial has raised $15.39 million across 4 funding rounds. Choice Financial has completed 2 acquisitions, including Bank Northland and Venture Bank. Choice Financial offers products and services including Online Banking, Insurance Services, and Wealth Management. Choice Financial operates in a competitive market with competitors including First Interstate Bank, Linker Finance, Florida Capital Bank, Endeavor Bank and Moonstone Bank, among others.

  • Headquarter Fargo, United States
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Choice Financial Group
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $15.39 M (USD)

    in 4 rounds

  • Latest Funding Round
    $624 K (USD), Series B

    Mar 27, 2019

  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Choice Financial

Choice Financial offers a comprehensive portfolio of products and services, including Online Banking, Insurance Services, and Wealth Management.

Product name locked
Category locked
Primary

Platform for managing accounts and transactions securely online

Product name locked
Category locked
Locked

Offers insurance products for business and personal needs

Product name locked
Category locked
Locked

Provides tools for financial planning and investment management

Funding Insights of Choice Financial

Choice Financial has successfully raised a total of $15.39M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $624 thousand completed in March 2019. 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.

Investments & Acquisitions by Choice Financial

Choice Financial has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bank Northland and Venture Bank.

Investments
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Investment portfolio details for Choice Financial

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Commercial bank
Locked Locked 2001 Locked
Commercial bank
Locked Locked 2000 Locked
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Complete acquisition details for Choice Financial

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Choice Financial

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Detailed financials for Choice Financial

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  • Historical revenue
  • Profit trends
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Choice Financial Comparisons

Choice Financial Primary company
Description
Commercial bank
Location
Fargo, United States
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Choice Financial

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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  • Operating benchmarks

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Competitors of Choice Financial

Choice Financial 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 First Interstate Bank, Linker Finance, Florida Capital Bank, Endeavor Bank and Moonstone Bank, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Community bank offering a variety of banking services including loans, wealth management, and online banking
Locked Locked Locked
Provider of digital banking and CRM solutions for retail and commercial banks
Locked Locked Locked
Commercial banking services are provided in Florida, United States.
Locked Locked Locked
Endeavor Bank is focused on consultative banking for businesses.
Locked Locked Locked
Serves as a digital bank providing services for individuals and businesses.
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Detailed competitors of Choice Financial

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Latest news on Choice Financial

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Complete news archive for Choice Financial

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Choice Financial

Choice Financial was founded in 2001 and raised its 1st funding round 9 years after it was founded.

Choice Financial is headquartered in Fargo, United States. It is registered at Fargo, North Dakota, United States.

Brian Johnson is the current CEO of Choice Financial.

Choice Financial is a funded company, having raised a total of $15.39M across 4 funding rounds to date.

Founded in 2001, Choice Financial is operated as a commercial bank headquartered in Fargo, United States. Core operations focus on deposit accounts, lending, and financial services for businesses and individuals. The bank serves regional markets through its domain, choicefinancialgroup.com, with leadership provided by CEO Brian Johnson. Standard banking regulations are followed to support economic activities in the area.

Choice Financial's top competitors include First Interstate Bank, Westfield Bank and Florida Capital Bank.

Choice Financial offers Online Banking, Insurance Services, and Wealth Management.

Choice Financial has made 2 acquisitions, including Bank Northland, and Venture Bank.

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