About Deem Finance
Deem Finance is a Financial Services company based in Abu Dhabi (United Arab Emirates) founded in 2008, and was acquired by Gargash Group in September 2021. Provider of an internet first bank for consumers and businesses. Its chief executive, as recorded, is Chris Taylor. Its website deem.io draws about 70 thousand monthly visits. Its focus areas include FinTech, Banking Tech, Internet First Banks and Digital Native Banks. Its competitors include Al Hilal Bank, Zand and Wio.
Company details
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.
- Latest Funding Round$400M (USD), Debt – Conventional
Apr 2025
- InvestorsJ P Morgan
& 1 more
- Acquired byGargash Group
(Sep 2021)
Funding Insights of Deem Finance
- Total Rounds 1
- Last Round Debt – Conventional — $400M
- First Round $400M
(Apr 2025)
- Investors Count 1
All 1 funding rounds of Deem Finance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $400M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Comprehensive financial services are provided to corporations and individuals. | 1799 | jpmorgan.com | New York, United States | |
| gargash-group.com |
Investor details for Deem Finance
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People of Deem Finance
1 people are tracked at Deem Finance (1 in leadership).
| Name | Role | Group |
|---|---|---|
Chris Taylor | CEO | Leadership |
Complete people profiles for Deem Finance
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Timeline of Deem Finance
3 dated milestones of Deem Finance across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Deem Finance is founded.
- Exit Acquired by Gargash Group.
- Funding First funding round of $400.0M.
Competitors of Deem Finance
Deem Finance has 3 listed competitors in our database. They include Al Hilal Bank, Zand and Wio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alhilalbank.ae | 2008 | Abu Dhabi, United Arab Emirates | Commercial banking services are offered in the United Arab Emirates. | |||
| zand.ae | 2018 | Dubai, United Arab Emirates | Digital banking services are offered for personal and corporate clients. | |||
| wio.io | 2018 | Abu Dhabi, United Arab Emirates | Commercial banking services are provided in Abu Dhabi. |
Detailed competitors of Deem Finance
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Web traffic of Deem Finance
The website of Deem Finance (deem.io) receives about 69.7K visits a month and ranks #374,596 among all websites worldwide, #5,334 in Banking Credit and Lending.
- Monthly visits69.7K
▼ 11.2% vs previous month
- Unique visitors34.6K
per month
- Global rank#374,596
among all websites
- Category rank#5,334
Finance · Banking Credit and Lending
- Bounce rate39%
- Pages per visit3.9
- Average visit1 min 03 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with Deem Finance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| simplylife.ae | 100% | View details | |||
| uaecashloans.com | 93% | View details | |||
| rakbank.ae | 88% | 798.9K | #70,330 | View details | |
paisabazaar.ae | paisabazaar.ae | 88% | #476,636 | – | |
| ajmanbank.ae | 86% | 105K | #200,322 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 35 similar websites and full traffic analytics for Deem Finance
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Related news about 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 CEO of Deem Finance, as recorded in our data.
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 Al Hilal Bank, Wio and Zand.
Deem Finance has 2 investors. Key investors include J P Morgan, and Gargash Group.
Yes. Deem Finance was acquired by Gargash Group in September 2021.