About Co-operative Bank
Co-operative Bank is a company based in Nairobi (Kenya) founded in 1965.. Co-operative Bank has completed 1 acquisition, including Jamii Bora Bank. Co-operative Bank offers products and services including Bank Accounts, Loans, Digital Banking, and Trade Finance. Co-operative Bank operates in a competitive market with competitors including Unaitas, Harambee Sacco Society, KUSCCO, Ndege Chai Sacco and Wananchi Sacco, among others.
- Headquarter Nairobi, Kenya
- Stage Public
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Co-Operative Bank Of Kenya
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$150 M (USD), Debt – Conventional
Feb 27, 2018
- Investors
-
Employee Count
Employee Count
- Investments & Acquisitions
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
Products & Services of Co-operative Bank
Co-operative Bank offers a comprehensive portfolio of products and services, including Bank Accounts, Loans, Digital Banking, and Trade Finance. 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.
Services for managing personal and business finances securely
Financial products for obtaining credit and funding needs
Platform for online transactions and account management
Solutions for international trade and financial transactions
Unlock access to complete
Unlock access to complete
Funding Insights of Co-operative Bank
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $150.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Debt – Conventional - Co-operative Bank | Valuation |
investors |
|
| Jun, 2017 | Amount | Debt – Conventional - Co-operative Bank | Valuation |
investors |
|
| May, 2014 | Amount | Post-IPO - Co-operative 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 Co-operative Bank
Co-operative Bank has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Development Finance Institutions and IFC Asset Management Company. 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 |
|---|---|---|---|---|
|
Capital is mobilized and invested in sustainable emerging market companies.
|
Founded Year | Domain | Location | |
|
Environmental development investments are managed by this government agency.
|
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 Co-operative Bank
Co-operative Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Jamii Bora Bank. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Commercial banking services are offered in Kenya.
|
1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Co-operative 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 |
Co-Operative Bank Comparisons
Competitors of Co-operative Bank
Co-operative 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 Unaitas, Harambee Sacco Society, KUSCCO, Ndege Chai Sacco and Wananchi Sacco, 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 |
Co-operative banking services with loans and savings options are offered.
|
|
| domain | founded_year | HQ Location |
Provides savings, loans, and mortgage services to cooperative members in Kenya.
|
|
| domain | founded_year | HQ Location |
National organization promoting savings and credit co-operatives via advocacy and training.
|
|
| domain | founded_year | HQ Location |
Cooperative providing savings accounts and loans for members' needs.
|
|
| domain | founded_year | HQ Location |
Provides savings, loans, and mobile banking to members in Kenya.
|
| 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 Co-Operative Bank
Frequently Asked Questions about Co-operative Bank
When was Co-operative Bank founded?
Co-operative Bank was founded in 1965 and raised its 1st funding round 49 years after it was founded.
Where is Co-operative Bank located?
Co-operative Bank is headquartered in Nairobi, Kenya.
Who is the current CEO of Co-operative Bank?
Gideon Muriuki is the current CEO of Co-operative Bank.
What does Co-operative Bank do?
Co-operative Bank was established in 1965 as a cooperative financial institution based in Nairobi, Kenya. Operations focus on banking services within the financial sector, including savings, loans, and cooperative support for members. The bank serves customers across Kenya through its network, with Gideon Muriuki serving as CEO and Managing Director. Domain access is provided via co-opbank.co.ke for online interactions.
Who are the top competitors of Co-operative Bank?
Co-operative Bank's top competitors include Unaitas, Harambee Sacco Society and KUSCCO.
What products or services does Co-operative Bank offer?
Co-operative Bank offers Bank Accounts, Loans, Digital Banking, and Trade Finance.
How many acquisitions has Co-operative Bank made?
Co-operative Bank has made 1 acquisition, including Jamii Bora Bank.
Who are Co-operative Bank's investors?
Co-operative Bank has 2 investors. Key investors include European Development Finance Institutions, and IFC Asset Management Company.