About Cynergy Bank
Cynergy Bank is a company based in London (United Kingdom) founded in 1955.. Cynergy Bank has completed 1 acquisition, including Bank of Cyprus. Cynergy Bank operates in a competitive market with competitors including Metro Bank, Investec, Virgin Money, SVB and HSBC, among others.
- Headquarter London, United Kingdom
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Sectors
Financial Services
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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
$25.46 M (USD), Debt – Conventional
Aug 21, 2023
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Investors
Stay Original
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Cynergy Bank
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $25.5M
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First Round
First Round
(14 Jul 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Debt – Conventional - Cynergy Bank | Valuation |
investors |
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| Jul, 2021 | Amount | Debt – Conventional - Cynergy Bank | Valuation |
investors |
| 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 |
Investors in Cynergy Bank
Cynergy Bank has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Stay Original and British Business Investments. 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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Private debt investment firm focused on SMEs
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Founded Year | Domain | Location | |
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Restaurant serving dishes and drinks
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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 Cynergy Bank
Cynergy Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bank of Cyprus. 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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Commercial banking services are provided in the United Kingdom.
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1955 |
| 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 - Cynergy Bank
| 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 |
Cynergy Bank Comparisons
Competitors of Cynergy Bank
Cynergy 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 Metro Bank, Investec, Virgin Money, SVB and HSBC, 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 |
Commercial banking services are provided in the United Kingdom.
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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 |
Virgin Money is recognized as a provider of banking and financial services in the UK.
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| domain | founded_year | HQ Location |
Banking services are provided to innovative companies, investors, and individuals.
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| domain | founded_year | HQ Location |
Universal banking and financial advisory services are provided globally.
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| domain | founded_year | HQ Location |
Diversified financial services are provided across global markets.
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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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| 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 Cynergy Bank
Frequently Asked Questions about Cynergy Bank
When was Cynergy Bank founded?
Cynergy Bank was founded in 1955 and raised its 1st funding round 66 years after it was founded.
Where is Cynergy Bank located?
Cynergy Bank is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Cynergy Bank?
Nick Fahy is the current CEO of Cynergy Bank.
What does Cynergy Bank do?
Cynergy Bank was established in 1955 as a commercial bank headquartered in London, United Kingdom. Operations focus on providing financial services such as lending, deposit accounts, and payment solutions primarily to corporate clients. The bank serves the UK market through its digital and physical channels, with oversight from the CEO, Nick Fahy. Sector emphasis remains on supporting business growth and financial stability in a regulated environment.
Who are the top competitors of Cynergy Bank?
Cynergy Bank's top competitors include Metro Bank, Investec and Virgin Money.
How many acquisitions has Cynergy Bank made?
Cynergy Bank has made 1 acquisition, including Bank of Cyprus.
Who are Cynergy Bank's investors?
Cynergy Bank has 2 investors. Key investors include Stay Original, and British Business Investments.