About Credence Digital Bank
Credence Digital Bank is a company based in Stockholm (Sweden) founded in 2024. It operates as a B2C. Credence Digital Bank operates in a competitive market with competitors including Lunar, Northmill, Bank Norwegian, Collector Bank and Untie Group, among others.
- Headquarter Stockholm, Sweden
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Sectors
Financial Services
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Credence Digital Bank
| 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 |
Investments & Acquisitions by Credence Digital Bank
| 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 - Credence Digital Bank
| 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 |
Credence Digital Bank Comparisons
Competitors of Credence Digital Bank
Credence Digital 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 Lunar, Northmill, Bank Norwegian, Collector Bank and Untie Group, 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 |
Lunar is recognized as a digital bank offering innovative financial solutions.
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| domain | founded_year | HQ Location |
Wealth data is aggregated and lending is provided for businesses.
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| domain | founded_year | HQ Location |
Digital bank for individuals
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| domain | founded_year | HQ Location |
Online banking services are offered to individuals and corporates.
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| domain | founded_year | HQ Location |
Digital bank
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| domain | founded_year | HQ Location |
Provides private loans, savings accounts, and loan consolidation digitally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Credence Digital Bank
When was Credence Digital Bank founded?
Credence Digital Bank was founded in 2024.
Where is Credence Digital Bank located?
Credence Digital Bank is headquartered in Stockholm, Sweden.
What does Credence Digital Bank do?
Credence Digital Bank provides a digital banking platform for efficient financial services, focusing on finance, banking, digital banking, and online platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Credence Digital Bank?
Credence Digital Bank's top competitors include Lunar, Northmill and Bank Norwegian.
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