About DFCC Bank
DFCC Bank is a company based in Colombo (Sri Lanka) founded in 1995.. DFCC Bank has raised $30 million across 1 funding round from investors including BlueOrchard. DFCC Bank offers products and services including Personal Online Banking, Credit Cards, and Loans. DFCC Bank operates in a competitive market with competitors including Scotiabank, Seylan Bank, Sampath Bank, Nations Trust Bank and CDB, among others.
- Headquarter Colombo, Sri Lanka
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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 Dfcc Bank Plc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 1 rounds
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Latest Funding Round
$30 M (USD), Series B
Nov 26, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of DFCC Bank
DFCC Bank offers a comprehensive portfolio of products and services, including Personal Online Banking, 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.
Platform for managing personal finances and transactions online.
Cards offering payment flexibility and credit facilities for purchases.
Various loan schemes for personal and business funding needs.
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Funding Insights of DFCC Bank
DFCC Bank has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series B round of $30 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $30.0M
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First Round
First Round
(26 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series B - DFCC Bank | Valuation |
investors |
| 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 |
Investors in DFCC Bank
DFCC Bank has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BlueOrchard. 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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Debt and equity investments are managed by this private fund.
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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 DFCC Bank
| 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 - DFCC Bank
| 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 |
Dfcc Bank Comparisons
Competitors of DFCC Bank
DFCC 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 Scotiabank, Seylan Bank, Sampath Bank, Nations Trust Bank and CDB, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to customers in Sri Lanka.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Sri Lanka.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Sri Lanka since 1999.
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| domain | founded_year | HQ Location |
Commercial banking services are offered by CDB in Sri Lanka.
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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 Dfcc Bank
Frequently Asked Questions about DFCC Bank
When was DFCC Bank founded?
DFCC Bank was founded in 1995 and raised its 1st funding round 22 years after it was founded.
Where is DFCC Bank located?
DFCC Bank is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.
Is DFCC Bank a funded company?
DFCC Bank is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series B of $30M, raised on Nov 26, 2017.
What does DFCC Bank do?
DFCC Bank was founded in 1995 as a commercial bank headquartered in Colombo, Sri Lanka. Operations are focused on core banking activities, including deposit mobilization, lending to businesses and individuals, and trade finance services. The bank supports economic development through financing for industries and infrastructure projects across the country. Regulatory compliance is maintained under Sri Lankan financial authorities, with digital banking options integrated into its offerings.
Who are the top competitors of DFCC Bank?
DFCC Bank's top competitors include Scotiabank, Seylan Bank and Sampath Bank.
What products or services does DFCC Bank offer?
DFCC Bank offers Personal Online Banking, Credit Cards, and Loans.
Who are DFCC Bank's investors?
DFCC Bank has 1 investor. Key investors include BlueOrchard.
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