About EDANBANK
EDANBANK is a Financial Services company based in Sao Paulo (Brazil) founded in 2020 by Eduardo Silva. Internet-first bank through partnered bank offering banking services to consumers and businesses. EDANBANK has raised $1.93 million across 1 funding round. EDANBANK has completed 1 acquisition, including Cobratudo. Its chief executive, as recorded, is Eduardo Silva. EDANBANK offers products and services including EDAN Cash Management, Investimentos, Conta Digital, and Conta Empresarial. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships. Its legal entity is EDAN Instituição de Pagamentos S.A. Its competitors include Banco Topazio, Banco Mercantil and Villela Brasil Bank.
Company details
EDANBANK was founded in 2020 in Sao Paulo, Brazil, as an internet-first bank operating through partnered institutions. Digital banking services are provided to consumers and businesses, including online account openings, savings accounts, payment processing, deposits, fund transfers, investment options, loan products, and cash management tools. The focus remains on accessible financial operations within the Brazilian market.
- Total Equity Funding$1.93M (USD)
in 1 rounds
- Latest Funding Round$1.93M (USD), Seed
Aug 2022
- Investments & Acquisitions
Products & Services of EDANBANK
EDANBANK offers a comprehensive portfolio of products and services, including EDAN Cash Management, Investimentos, Conta Digital, and Conta Empresarial.
Tool for efficient cash flow and business financial oversight
Platform for digital investment options and asset tracking
Account for seamless online transactions and payments
Service for corporate financial operations and management
Apps and channels of EDANBANK
its YouTube channel EDANPOD - O PODCAST DO EDAN has 904 subscribers and 30 videos.
Videos from EDANBANK
The most watched videos on EDANBANK's YouTube channel, EDANPOD - O PODCAST DO EDAN (904 subscribers). Click a video to play it here.
More on EDANPOD - O PODCAST DO EDAN .
Funding Insights of EDANBANK
EDANBANK has successfully raised a total of $1.93M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.93 million completed in August 2022. 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 $1.93M
- Total Rounds 1
- Last Round Seed — $1.93M
- First Round $1.93M
(Aug 2022)
All 1 funding rounds of EDANBANK 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 |
|---|---|---|---|---|---|
| Aug 2022 | $1.93M | Seed | – | – | – |
People of EDANBANK
2 people are tracked at EDANBANK (2 in leadership).
| Name | Role | Group |
|---|---|---|
Eduardo Silva | Founder & CEO | Leadership |
Eduardo Sgobbi Silva Edanbank | Ceo, Board Member & Founder | Leadership |
Complete people profiles for EDANBANK
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Investments & Acquisitions by EDANBANK
EDANBANK has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cobratudo.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of payment processing services | cobratudo.com.br | Sao Paulo, Brazil | 2018 | Oct 2022 | •••• |
Complete acquisition details for EDANBANK
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Timeline of EDANBANK
3 dated milestones of EDANBANK across 2 years, from founding to its latest funding, stage changes and deals.
- Founded EDANBANK is founded.
- Funding First funding round of $1.9M.
- Acquisition Acquires Cobratudo.
Competitors of EDANBANK
EDANBANK has 3 listed competitors in our database. They include Banco Topazio, Banco Mercantil and Villela Brasil Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bancotopazio.com.br | 2005 | Porto Alegre, Brazil | Offers online banking, credit solutions, and investments for businesses and individuals. | |||
| bancomercantil.com.br | 1948 | Belo Horizonte, Brazil | Internet banking services, including account management, transfers, payments, and access to exclusive offers | |||
| villelabrasilbank.com.br | 2005 | Sao Paulo, Brazil | Operates as a microfinance bank providing financial solutions. |
Detailed competitors of EDANBANK
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Related news about Edanbank
Complete news archive for EDANBANK
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- Brand-specific news history
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Frequently Asked Questions about EDANBANK
EDANBANK was founded in 2020 and raised its 1st funding round 2 years after it was founded.
EDANBANK is headquartered in Sao Paulo, Brazil.
Eduardo Silva is the CEO of EDANBANK, as recorded in our data. They have also founded this company.
EDANBANK is a funded company, having raised a total of $1.93M across 1 funding round to date. The company's 1st funding round was a Seed of $1.93M, raised on Aug 2022.
EDANBANK was founded in 2020 in Sao Paulo, Brazil, as an internet-first bank operating through partnered institutions. Digital banking services are provided to consumers and businesses, including online account openings, savings accounts, payment processing, deposits, fund transfers, investment options, loan products, and cash management tools. The focus remains on accessible financial operations within the Brazilian market.
EDANBANK's top competitors include Banco Mercantil, Banco Topazio and Villela Brasil Bank.
EDANBANK offers EDAN Cash Management, Investimentos, Conta Digital, and Conta Empresarial.
EDANBANK has made 1 acquisition, including Cobratudo.
EDANBANK operates through Edan Instituição De Pagamentos S.A..