About Diamond Bank
Diamond Bank is a Financial Services company based in Lagos (Nigeria) founded in 1990, and was acquired by Access Bank in December 2018. Commercial banking services are provided in Nigeria by Diamond Bank. Its focus areas include Banks and Commercial Banks. Its competitors include First Bank of Nigeria, Guaranty Trust Bank and Zenith Bank.
Company details
Diamond Bank was established in 1990 as a commercial bank headquartered in Lagos, Nigeria. Operations focus on standard banking activities, including deposit accounts, loans, and payment processing for businesses and individuals. Services are extended across the Nigerian financial sector, with emphasis on local economic needs. The banks domain, diamondbank.com, supports digital access to these offerings in the region.
- Headquarters Lagos, Nigeria
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website diamondbank.com
- Social LinkedIn X Facebook
- Acquired by Access Bank (Dec 2018)
- Latest Funding Round$147M (USD), Post-IPO
Nov 2014
- InvestorsAccess Bank
& 2 more
- Acquired byAccess Bank
(Dec 2018)
Funding Insights of Diamond Bank
- Total Rounds 2
- Last Round Post-IPO — $147M
- First Round $130M
(Jun 2007)
- Investors Count 2
All 2 funding rounds of Diamond Bank 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 |
|---|---|---|---|---|---|
| Nov 2014 | $147M | Post-IPO | – | – | |
| Jun 2007 | $130M | Post-IPO | – | – |
3 investors in total: 3 institutional.
Investors in Diamond Bank
Diamond Bank has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Access Bank, The Carlyle Group and Actis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | ||
Sustainable infrastructure projects are invested in for essential services. | 1987 | act.is | London, United Kingdom | |
Commercial banking services are offered in Nigeria. | 1989 | accessbankplc.com | Lagos, Nigeria |
Investor details for Diamond Bank
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- Complete investor list
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Timeline of Diamond Bank
4 dated milestones of Diamond Bank across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Diamond Bank is founded.
- Funding First funding round of $130.0M.
- Funding Latest funding round, Post-IPO, of $147.0M.
- Exit Acquired by Access Bank.
Competitors of Diamond Bank
Diamond Bank has 3 listed competitors in our database. They include First Bank of Nigeria, Guaranty Trust Bank and Zenith Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| firstbanknigeria.com | 1894 | Lagos, Nigeria | Commercial banking services are provided across Nigeria. | |||
| gtbank.com | 1990 | Lagos, Nigeria | Nigerian multinational financial institution | |||
| zenithbank.com | 1990 | Lagos, Nigeria | 7,074 | Banking and financial services are provided to individuals and businesses. |
Detailed competitors of Diamond Bank
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- Full competitor set
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Web traffic of Diamond Bank
Websites that share an audience with Diamond Bank (diamondbank.com).
Websites whose visitors overlap most with Diamond Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
diamondbanking.com | diamondbanking.com | 100% | – | ||
| firstbanknigeria.com | 99% | 452.6K | #58,961 | View details | |
| zenithbank.com | 99% | 1M | #37,588 | View details | |
| unionbankng.com | 98% | 171.8K | #219,847 | View details | |
| sterlingbankng.com | 95% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Diamond Bank
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Diamond Bank
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Frequently Asked Questions about Diamond Bank
Diamond Bank was founded in 1990 and raised its 1st funding round 17 years after it was founded.
Diamond Bank is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Diamond Bank was established in 1990 as a commercial bank headquartered in Lagos, Nigeria. Operations focus on standard banking activities, including deposit accounts, loans, and payment processing for businesses and individuals. Services are extended across the Nigerian financial sector, with emphasis on local economic needs. The banks domain, diamondbank.com, supports digital access to these offerings in the region.
Diamond Bank's top competitors include Guaranty Trust Bank, Zenith Bank and First Bank of Nigeria.
Diamond Bank has 3 investors. Key investors include Access Bank, The Carlyle Group, and Actis.
Yes. Diamond Bank was acquired by Access Bank in December 2018.