About EFC Tanzania Microfinance Bank
EFC Tanzania Microfinance Bank is a company founded in 2010.. EFC Tanzania Microfinance Bank operates in a competitive market with competitors including Scotiabank, CRDB Bank, NMB Bank, Akiba Commercial Bank and Azania Bank, among others.
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$1.5 M (USD), Debt – Conventional
Jun 01, 2015
- Investors
-
Employee Count
Employee Count
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
Funding Insights of EFC Tanzania Microfinance Bank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $1.5M
-
First Round
First Round
(01 Jun 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Debt – Conventional - EFC Tanzania Microfinance Bank | Valuation |
investors |
| 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 |
Investors in EFC Tanzania Microfinance Bank
EFC Tanzania Microfinance Bank has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BIO Invest. 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 |
|---|---|---|---|---|
|
Private equity and funds of funds
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by EFC Tanzania Microfinance Bank
| 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 |
Financial Statements - EFC Tanzania Microfinance Bank
| 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 |
Efc Tanzania Microfinance Bank Comparisons
Competitors of EFC Tanzania Microfinance Bank
EFC Tanzania Microfinance 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, CRDB Bank, NMB Bank, Akiba Commercial Bank and Azania Bank, 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.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided by CRDB Bank in Tanzania.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided in Tanzania since 2005.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided to clients in Tanzania.
|
|
| domain | founded_year | HQ Location |
Provides banking services for personal and business needs in Tanzania.
|
| 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 Efc Tanzania Microfinance Bank
Frequently Asked Questions about EFC Tanzania Microfinance Bank
When was EFC Tanzania Microfinance Bank founded?
EFC Tanzania Microfinance Bank was founded in 2010 and raised its 1st funding round 5 years after it was founded.
What does EFC Tanzania Microfinance Bank do?
EFC Tanzania Microfinance Bank was established in 2010 as a commercial entity focused on microfinance. Operations are centered in Tanzania, where loans, savings accounts, and other financial products are offered to small-scale entrepreneurs and low-income individuals. The bank supports financial inclusion by addressing credit needs in rural and urban areas, with services tailored to promote economic participation among marginalized groups.
Who are the top competitors of EFC Tanzania Microfinance Bank?
EFC Tanzania Microfinance Bank's top competitors include Scotiabank, CRDB Bank and Akiba Commercial Bank.
Who are EFC Tanzania Microfinance Bank's investors?
EFC Tanzania Microfinance Bank has 1 investor. Key investors include BIO Invest.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.