About Development Bank of Wales
Development Bank of Wales is a company based in Wrexham (United Kingdom) founded in 2001.. The company has 254 employees as of January 31, 2022. Development Bank of Wales has completed 7 acquisitions, including Ataluk, Avantis and Challenger Mobile Communications.
- Headquarter Wrexham, United Kingdom
- Employees 254 as on 31 Jan, 2022
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$34.73 M (USD)7as on Mar 31, 2023
-
Net Profit
$-29 M (USD)-20as on Mar 31, 2023
-
EBITDA
$-40.28 M (USD)23as on Mar 31, 2023
-
Latest Funding Round
-
Investors
-
Employee Count
254
as on Jan 31, 2022
-
Investments & Acquisitions
Ataluk
& 6 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Development Bank of Wales
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Development Bank of Wales
Development Bank of Wales has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Ataluk, Avantis and Challenger Mobile Communications. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Ship designing, manufacturing, and management services are provided by Avantis.
|
2018 | ||||
|
Manufacturer & supplier of cakes and pastry
|
2009 | ||||
|
Passive fire protection and specialist coatings services are provided.
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Development Bank of Wales
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Development Bank Of Wales Comparisons
Competitors of Development Bank of Wales
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Development Bank Of Wales
Frequently Asked Questions about Development Bank of Wales
When was Development Bank of Wales founded?
Development Bank of Wales was founded in 2001.
Where is Development Bank of Wales located?
Development Bank of Wales is headquartered in Wrexham, United Kingdom. It is registered at Wrexham, Wales, United Kingdom.
Who is the current CEO of Development Bank of Wales?
Giles Thorley is the current CEO of Development Bank of Wales.
How many employees does Development Bank of Wales have?
As of Jan 31, 2022, the latest employee count at Development Bank of Wales is 254.
What is the annual revenue of Development Bank of Wales?
Annual revenue of Development Bank of Wales is $34.73M as on Mar 31, 2023.
What does Development Bank of Wales do?
Established in 2001, the Development Bank of Wales is headquartered in Wrexham, United Kingdom, and operates within the financial sector focused on regional economic support. Equity investments are provided to growing businesses, alongside loans tailored for property and commercial development projects. Operations emphasize sustainable growth in Wales, with funding decisions guided by experienced executives including the CEO and senior partners. Services target early-stage to mature enterprises across various industries.
How many acquisitions has Development Bank of Wales made?
Development Bank of Wales has made 7 acquisitions, including Ataluk, Avantis, and Challenger Mobile Communications.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.