About Duo Bank
Duo Bank is a Financial Services company based in Toronto (Canada) founded in 2010. It offers personal loans, credit cards, mortgages, and digital lending to Canadians. It operates on a B2C and B2B model. Duo Bank has completed 1 acquisition, including Fairstone. Duo Bank offers products and services including Personal Loans, Credit Cards, Digital Lending, Mortgages, and Guaranteed Investment Certificates. Its focus areas include FinTech, Banking, Mortgages and Residential and Commercial. Its legal entity is Fairstone Bank of Canada. Its competitors include Investec, BMO, Equitable Bank, Scotiabank and RBC Royal Bank and 5 more.
Company details
Fairstone Bank operates as Canadas leading alternative lending institution, providing financial products like personal loans, credit cards, mortgages, and retail financing. Based in Toronto, it serves consumers and businesses through online platforms and branches across Canada, focusing on accessible and reliable solutions to help achieve financial goals.
- Headquarters Toronto, Canada
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website duobank.com
- Social LinkedIn
- Legal Name Fairstone Bank Of Canada
- Investments & Acquisitions
Products & Services of Duo Bank
Duo Bank offers a comprehensive portfolio of products and services, including Personal Loans, Credit Cards, Digital Lending, Mortgages, and Guaranteed Investment Certificates.
Provides unsecured and secured loans for consumer financial needs
Offers rewards and financing options for everyday use
Enables quick online loans and borrowing solutions
Facilitates residential and commercial mortgage services
Provides secure GICs for short and long-term investments
Investments & Acquisitions by Duo Bank
Duo Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fairstone.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Diversified lending services are offered by Fairstone as an NBFI. | fairstone.ca | Montreal, Canada | 1923 | Feb 2020 | •••• |
Complete acquisition details for Duo Bank
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Timeline of Duo Bank
2 dated milestones of Duo Bank across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Duo Bank is founded.
- Acquisition Acquires Fairstone.
Competitors of Duo Bank
Duo Bank has 10 listed competitors in our database. They include Investec, BMO, Equitable Bank, Scotiabank and RBC Royal Bank, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| investec.com | 1974 | London, United Kingdom | – | 9,444 | Global banking, investment, and wealth management services are offered worldwide. | |
| bmo.com | 1817 | Toronto, Canada | – | 16,140 | BMO is recognized as a leading financial services provider in Canada. | |
| equitablebank.ca | 1970 | Toronto, Canada | – | – | Commercial banking services are provided throughout Canada. | |
| scotiabank.com | 1832 | Toronto, Canada | – | 88,645 | Commercial banking services are provided internationally by Scotiabank. | |
| rbcroyalbank.com | 1864 | Halifax, Canada | – | – | Commercial banking services are provided to businesses and individuals. | |
| cibc.com | 1867 | Toronto, Canada | – | 500 | Commercial banking services are provided to individuals and businesses. | |
| bankofamerica.com | 1904 | Charlotte, United States | – | 208,000 | Commercial banking and asset management services are offered worldwide. | |
| rbc.com | 1864 | Toronto, Canada | – | 500 | Comprehensive banking and financial services are provided globally. | |
| nbc.ca | 1859 | Montreal, Canada | – | 1 | Commercial bank | |
| atb.com | 1938 | Edmonton, Canada | – | 1 | Community banking services are provided by ATB Financial in Canada. |
Detailed competitors of Duo Bank
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Top companies in Housing Finance
10 companies that operate in the same segment as Duo Bank (Housing Finance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform for educational loans tailored to students. | 2019 | Bengaluru, Karnataka, India | – | USD 24.31 M | 1,250 | |
Loans for housing and business are provided by Aavas Financiers in India. | 2011 | Jaipur, Rajasthan, India | – | USD 99.6 M | 6,379 | |
Affordable housing and community support services are provided. | 2016 | Newbury, England, United Kingdom | – | – | – | |
Finance services encompassing loans and insurance in India. | 1991 | Jaipur, Rajasthan, India | – | USD 8.21 M | – | |
Functions as an urban co-operative bank providing financial services to members. | 1906 | Pune, Maharashtra, India | – | – | – | |
Platform for booking verified student housing near universities worldwide. | 2016 | Noida, Uttar Pradesh, India | USD 2.63 M | USD 491.7 K | – | |
Serves as a provider of home loan financing solutions. | 2013 | Palwal, Haryana, India | – | USD 12.79 M | 419 | |
Provides residential and commercial property loan solutions. | – | Mumbai, Maharashtra, India | – | USD 9.31 M | 1,730 | |
Short-term financing is offered for residential construction projects. | 2005 | Calgary, Alberta, Canada | – | USD 5.55 M | 49 | |
Piramal Housing Finance, a Piramal Group subsidiary, specializes in home loans for individuals. | 2017 | Mumbai, Maharashtra, India | – | USD 779.37 M | 941 |
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Related news about Duo Bank
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Frequently Asked Questions about Duo Bank
Duo Bank was founded in 2010.
Duo Bank is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Fairstone Bank operates as Canadas leading alternative lending institution, providing financial products like personal loans, credit cards, mortgages, and retail financing. Based in Toronto, it serves consumers and businesses through online platforms and branches across Canada, focusing on accessible and reliable solutions to help achieve financial goals.
Duo Bank's top competitors include Investec, Canadian Imperial Bank of Commerce and Scotiabank.
Duo Bank offers Personal Loans, Credit Cards, Digital Lending, Mortgages, and Guaranteed Investment Certificates.
Duo Bank has made 1 acquisition, including Fairstone.
Duo Bank operates through Fairstone Bank Of Canada.