About DenizBank
DenizBank is a company based in Istanbul (Turkey) founded in 1938 by Hakan Ates was acquired by Emirates NBD in May 2018.. DenizBank offers products and services including MobilDeniz, Credit Cards, and Loans. DenizBank operates in a competitive market with competitors including Bank of America, Scotiabank, Fibabanka, UniCredit and Akbank, among others.
- Headquarter Istanbul, Turkey
- Founders Hakan Ates
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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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- Legal Name Denizbank A.Ş.
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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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Investors
Emirates NBD
& 3 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of DenizBank
DenizBank offers a comprehensive portfolio of products and services, including MobilDeniz, Credit Cards, and Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile application for banking transactions and account management.
Cards offering bonuses and payments for everyday use.
Provides cash loans with varying interest rates and terms.
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Software Development Team
21 people
Leadership Team
9 people
Finance and Accounting
6 people
Data Analysis and Operations Team
5 people
Human Resources and Administration
4 people
Legal and Compliance
4 people
Sales and Marketing
3 people
Head Team
2 people
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Funding Insights of DenizBank
| 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 DenizBank
DenizBank has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Emirates NBD, Sberbank Russia and Dexia. 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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Retail, commercial, and private banking services are offered by Dexia.
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Founded Year | Domain | Location | |
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Comprehensive financial services are provided to individuals and businesses.
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Founded Year | Domain | Location | |
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Commercial banking services are provided to individuals and corporates.
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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 DenizBank
| 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 |
Financial Statements - DenizBank
| 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 |
Denizbank Comparisons
Competitors of DenizBank
DenizBank 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 Bank of America, Scotiabank, Fibabanka, UniCredit and Akbank, 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 banking and asset management services are offered worldwide.
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Commercial banking services are provided internationally by Scotiabank.
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Commercial bank
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Commercial bank
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Commercial bank with presence in turkey
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| domain | founded_year | HQ Location |
Multiple consumer banking services are provided by Garanti BBVA.
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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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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 Denizbank
Frequently Asked Questions about DenizBank
When was DenizBank founded?
DenizBank was founded in 1938.
Where is DenizBank located?
DenizBank is headquartered in Istanbul, Turkey.
Who is the current CEO of DenizBank?
Hakan Ates is the current CEO of DenizBank. They have also founded this company.
What does DenizBank do?
DenizBank was established in 1938 and is headquartered in Istanbul, Turkey. As a commercial bank, operations focus on retail and corporate banking within the financial sector. Services such as deposits, loans, payment processing, and investment products are offered to clients nationwide. Leadership is held by Hakan Ates as CEO, with activities centered on Turkeys domestic market.
Who are the top competitors of DenizBank?
DenizBank's top competitors include Scotiabank, Bank of America and Garanti BBVA.
What products or services does DenizBank offer?
DenizBank offers MobilDeniz, Credit Cards, and Loans.
Who are DenizBank's investors?
DenizBank has 4 investors. Key investors include Emirates NBD, Sberbank Russia, Dexia, and Zorlu.
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