About Degussa Bank
Degussa Bank is a company based in Frankfurt Am Main (Germany) founded in 1873 was acquired by Oldenburgische Landesbank in September 2022.. The company has 613 employees as of December 31, 2021. Degussa Bank has completed 1 acquisition, including Munich General Insurance Services. Degussa Bank operates in a competitive market with competitors including UniCredit, Scotiabank, Bank of America, SVB and Deutsche Bank, among others.
- Headquarter Frankfurt Am Main, Germany
- Employees 613 as on 31 Dec, 2021
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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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- Legal Name Degussa Bank Ag
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
613
as on Dec 31, 2021
- Investments & Acquisitions
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Acquired by
Oldenburgische Landesbank
(Sep 15, 2022)
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Funding Insights of Degussa 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 |
Investors in Degussa Bank
Degussa Bank has secured backing from 1 investor. Prominent investors backing the company include Oldenburgische Landesbank. 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 Degussa Bank
Degussa Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Munich General Insurance 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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Insurance data & monitoring solution
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2014 |
| 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 - Degussa 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 |
Degussa Bank Comparisons
Competitors of Degussa Bank
Degussa 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 UniCredit, Scotiabank, Bank of America, SVB and Deutsche 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 |
Commercial bank
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Commercial banking services are provided internationally by Scotiabank.
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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 |
Banking services are provided to innovative companies, investors, and individuals.
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| domain | founded_year | HQ Location |
Diversified banking and financial services are provided globally.
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| domain | founded_year | HQ Location |
Commercial banking services are offered to corporate and retail clients.
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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 Degussa Bank
Frequently Asked Questions about Degussa Bank
When was Degussa Bank founded?
Degussa Bank was founded in 1873.
Where is Degussa Bank located?
Degussa Bank is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.
Who is the current CEO of Degussa Bank?
Jurgen Eckert is the current CEO of Degussa Bank.
How many employees does Degussa Bank have?
As of Dec 31, 2021, the latest employee count at Degussa Bank is 613.
What does Degussa Bank do?
Degussa Bank was established in 1873 as a commercial bank headquartered in Frankfurt am Main, Germany. Operations focus on core banking activities, including deposit management, lending, and payment processing for corporate and private clients. Services are tailored to the German financial market, with emphasis on regional economic needs. The bank is led by CEO Jurgen Eckert, maintaining a presence through its domain degussa-bank.de.
Who are the top competitors of Degussa Bank?
Degussa Bank's top competitors include SVB, Scotiabank and Deutsche Bank.
How many acquisitions has Degussa Bank made?
Degussa Bank has made 1 acquisition, including Munich General Insurance Services.
Who are Degussa Bank's investors?
Degussa Bank has 1 investor. Key investors include Oldenburgische Landesbank.