About CoCoNet
CoCoNet is a company based in Erkrath (Germany) founded in 1984 was acquired by Emeram Capital Partners in April 2024.. CoCoNet offers products and services including multi:bank, multi:hub, multi:onboard, and multi:engage. CoCoNet operates in a competitive market with competitors including Amount, MANTL, Asseco, Technisys and Narmi, among others.
- Headquarter Erkrath, Germany
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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 Coconet Ag
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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
Employee Count
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Acquired by
Emeram Capital Partners
(Apr 29, 2024)
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Products & Services of CoCoNet
CoCoNet offers a comprehensive portfolio of products and services, including multi:bank, multi:hub, multi:onboard, and multi:engage. 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 corporate clients' daily payments and reporting.
Connects access channels with back-end systems for efficient banking.
Digital workflow for customer onboarding and KYC processes.
Tools for chats, document exchange, and video interactions with clients.
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Funding Insights of CoCoNet
| 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 CoCoNet
CoCoNet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EMERAM. 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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EMERAM is recognized as a business development partner for mid-sized companies.
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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 CoCoNet
| 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 - CoCoNet
| 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 |
Coconet Comparisons
Competitors of CoCoNet
CoCoNet 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 Amount, MANTL, Asseco, Technisys and Narmi, 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 |
Omnichannel banking solutions are provided for banks and lenders.
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| domain | founded_year | HQ Location |
MANTL is recognized for providing account origination software to banks and credit unions.
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| domain | founded_year | HQ Location |
Omnichannel banking solutions are provided for internet and mobile platforms.
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| domain | founded_year | HQ Location |
Cloud-based omnichannel banking platforms are delivered to financial institutions.
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| domain | founded_year | HQ Location |
Omnichannel banking solutions are provided for banks and credit unions.
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| domain | founded_year | HQ Location |
Cloud-based omnichannel banking solutions are provided to financial institutions.
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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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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 Coconet
Frequently Asked Questions about CoCoNet
When was CoCoNet founded?
CoCoNet was founded in 1984.
Where is CoCoNet located?
CoCoNet is headquartered in Erkrath, Germany. It is registered at Erkrath, North Rhine-westphalia, Germany.
What does CoCoNet do?
CoCoNet was established in 1984 in Erkrath, Germany, as a provider of financial software. Digital banking products are developed, including portals, payment systems, cash management tools, mobile applications, and banking servers. Operations center on the financial technology sector, supporting institutions with secure and integrated solutions. The company maintains its headquarters in Germany, serving European markets with specialized e-banking infrastructure.
What products or services does CoCoNet offer?
CoCoNet offers multi:bank, multi:hub, multi:onboard, and multi:engage.
Who are CoCoNet's investors?
CoCoNet has 1 investor. Key investors include EMERAM.
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