About Credem
Credem is a company based in Reggio Emilia (Italy) founded in 1910.. Credem offers products and services including Current Accounts, Loans, Mortgages, Investments, and Online Banking. Credem operates in a competitive market with competitors including Intesa Sanpaolo, Scotiabank, Banco BPM, Bank of America and UniCredit, among others.
- Headquarter Reggio Emilia, Italy
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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 Credembanca
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Credem
Credem offers a comprehensive portfolio of products and services, including Current Accounts, Loans, Mortgages, Investments, and Online Banking. 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.
Accounts for daily transactions and savings management
Funds for personal or business financial needs
Loans for property purchase and home improvements
Options for saving and growing financial assets
Platform for account management and transactions
Funding Insights of Credem
| 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 Credem
| 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 - Credem
| 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 |
Credem Comparisons
Competitors of Credem
Credem 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 Intesa Sanpaolo, Scotiabank, Banco BPM, Bank of America and UniCredit, 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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Commercial banks
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Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are provided in Italy.
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Commercial banking and asset management services are offered worldwide.
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Commercial bank
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Commercial banking and investment services are provided to 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 Credem
Frequently Asked Questions about Credem
When was Credem founded?
Credem was founded in 1910.
Where is Credem located?
Credem is headquartered in Reggio Emilia, Italy. It is registered at Reggio Emilia, Emilia-romagna, Italy.
Who is the current CEO of Credem?
Nazzareno Gregori is the current CEO of Credem.
What does Credem do?
Credem was founded in 1910 in Reggio Emilia, Italy, operating as a commercial bank. Retail banking, corporate banking, private banking, and insurance are offered to individuals and businesses primarily within Italy. The bank serves various financial needs across these segments. In 2022, revenues totaling 2.59 billion were achieved, with net profit reaching 0.33 billion.
Who are the top competitors of Credem?
Credem's top competitors include Intesa Sanpaolo, Scotiabank and Banco BPM.
What products or services does Credem offer?
Credem offers Current Accounts, Loans, Mortgages, Investments, and Online Banking.