About Cidel
Cidel is a company based in Toronto (Canada) founded in 1998. It operates as a B2B. Cidel has completed 1 acquisition, including Lorica. Cidel offers products and services including Wealth Management Services and Wealth Structuring. Cidel operates in a competitive market with competitors including Investec, S&P Global, Bank of America, State Street and FIS, among others.
- Headquarter Toronto, Canada
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Sectors
Financial Services
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- Investments & Acquisitions
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Products & Services of Cidel
Cidel offers a comprehensive portfolio of products and services, including Wealth Management Services and Wealth Structuring. 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.
Helps structure and grow wealth for high net worth clients securely.
Assists in simplifying financial complexities for families and institutions.
Funding Insights of Cidel
| 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 Cidel
Cidel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lorica. 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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Investment consulting firm
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2010 |
| 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 - Cidel
| 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 |
Cidel Comparisons
Competitors of Cidel
Cidel 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 Investec, S&P Global, Bank of America, State Street and FIS, 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.
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Global banking, investment, and wealth management services are offered worldwide.
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Platform offering business intelligence solutions that combine data and actionable analytics for clients
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Commercial banking and asset management services are offered worldwide.
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Financial services are provided to asset managers worldwide.
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Software suites for banks and financial institutions are provided.
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Insurance and asset management services are offered to diverse clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Cidel
Frequently Asked Questions about Cidel
When was Cidel founded?
Cidel was founded in 1998.
Where is Cidel located?
Cidel is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Cidel do?
Cidel is a Canadian private bank established in 1999, focused on wealth management. It partners with high net worth individuals, families, and institutions to structure and securely grow wealth through personalized advisory services. The bank emphasizes long-term relationships and simplifies financial complexities with a human-centered approach. Operating in Canada, Cidel delivers expert capabilities to help clients achieve financial security and growth.
Who are the top competitors of Cidel?
Cidel's top competitors include Investec, S&P Global and Bank of America.
What products or services does Cidel offer?
Cidel offers Wealth Management Services and Wealth Structuring.
How many acquisitions has Cidel made?
Cidel has made 1 acquisition, including Lorica.