Deem Finance

Abu Dhabi, United Arab Emirates Founded: 2008 • Age: 18 yrs Acquired By Gargash Group
Provider of an internet first bank for consumers and businesses
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Deem Finance

Deem Finance is a company based in Abu Dhabi (United Arab Emirates) founded in 2008 was acquired by Gargash Group in September 2021. Deem Finance operates in a competitive market with competitors including Revolut, Al Hilal Bank, Zand, Wio and AL HILAL, among others.

  • Headquarter Abu Dhabi, United Arab Emirates
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $400 M (USD), Debt – Conventional

    Apr 15, 2025

  • Investors
    J P Morgan

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Gargash Group

    (Sep 19, 2021)

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Funding Insights of Deem Finance

Investors in Deem Finance

Deem Finance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include J P Morgan and Gargash Group.

All
Institutional
Investor Description Founded Year Domain Location
Comprehensive financial services are provided to corporations and individuals.
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Investor details for Deem Finance

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Investments & Acquisitions by Deem Finance

Investments
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Investment portfolio details for Deem Finance

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Financial Statements - Deem Finance

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Detailed financials for Deem Finance

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Deem Finance Comparisons

Deem Finance Primary company
Description
Provider of an internet first bank for consumers and busines...
Location
Abu Dhabi, United Arab Emirates
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Deem Finance

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Competitors of Deem Finance

Deem Finance 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 Revolut, Al Hilal Bank, Zand, Wio and AL HILAL, among others.

Company Name Domain Founded year HQ Location Description
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Banking solutions are provided for retail customers and businesses.
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Commercial banking services are offered in the United Arab Emirates.
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Digital banking services are offered for personal and corporate clients.
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Commercial banking services are provided in Abu Dhabi.
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Operates as a digital bank for individual customers.
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Detailed competitors of Deem Finance

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Latest news on Deem Finance

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Complete news archive for Deem Finance

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Frequently Asked Questions about Deem Finance

Deem Finance was founded in 2008 and raised its 1st funding round 17 years after it was founded.

Deem Finance is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.

Chris Taylor is the current CEO of Deem Finance.

Deem Finance was established in 2008 as a financial services provider in the banking sector, headquartered in Abu Dhabi, United Arab Emirates. Internet-based banking solutions are delivered to both consumers and businesses, encompassing general-purpose and travel credit cards, personal loans, deposit accounts, and merchant financing. Payroll processing services are also extended to corporate clients across the region.

Deem Finance's top competitors include Revolut, Al Hilal Bank and Wio.

Deem Finance has 2 investors. Key investors include J P Morgan, and Gargash Group.

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