About CWB
CWB is a company based in Edmonton (Canada) founded in 1988 was acquired by National Bank of Canada in June 2024.. CWB has completed 1 acquisition, including Maxium Financial Services. CWB operates in a competitive market with competitors including Investec, BMO, Bank of America, Scotiabank and Equitable Bank, among others.
- Headquarter Edmonton, Canada
- Stage Public
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
National Bank of Canada
(Jun 11, 2024)
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Funding Insights of CWB
| 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 CWB
CWB has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Bank of Canada. 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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Commercial bank
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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 CWB
CWB has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Maxium Financial Services. 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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Provider of equipment lease financing services
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1993 |
| 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 - CWB
| 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 |
Cwb Comparisons
Competitors of CWB
CWB 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, BMO, Bank of America, Scotiabank and Equitable Bank, 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 |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
BMO is recognized as a leading financial services provider in Canada.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are provided throughout Canada.
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| domain | founded_year | HQ Location |
Comprehensive banking and financial services are provided globally.
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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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| 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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Latest news on Cwb
Frequently Asked Questions about CWB
When was CWB founded?
CWB was founded in 1988.
Where is CWB located?
CWB is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.
Who is the current CEO of CWB?
Chris Fowler is the current CEO of CWB.
What does CWB do?
Canadian Western Bank was founded in 1988 and is headquartered in Edmonton, Canada. Banking and financial services are offered to personal and business clients throughout the country. Core operations include lending, deposit accounts, and wealth management solutions. The institution operates within the Canadian financial sector, with oversight from regulatory bodies. Leadership is provided by CEO Chris Fowler, ensuring compliance and stability in regional markets.
Who are the top competitors of CWB?
CWB's top competitors include Investec, Canadian Imperial Bank of Commerce and Scotiabank.
How many acquisitions has CWB made?
CWB has made 1 acquisition, including Maxium Financial Services.
Who are CWB's investors?
CWB has 1 investor. Key investors include National Bank of Canada.
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