About Egg Banking
Egg Banking is a company based in Derby (United Kingdom) founded in 1998 by Richard Duvall was acquired by Citi in January 2007.. Egg Banking offers products and services including Solar Panels, Battery Storage, and EV Charging. Egg Banking operates in a competitive market with competitors including Nationwide, Monmouthshire Building Society, Leeds Building Society, Saffron Building Society and Cambridge Building Society, among others.
- Headquarter Derby, United Kingdom
- Founders Richard Duvall
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Phoenix Renewables Ltd
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Products & Services of Egg Banking
Egg Banking offers a comprehensive portfolio of products and services, including Solar Panels, Battery Storage, and EV Charging. 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.
Installations for generating clean energy from sunlight.
Systems for storing and managing renewable energy sources.
Solutions for charging electric vehicles at homes and workplaces.
Funding Insights of Egg Banking
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Egg Banking
Egg Banking has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Citi. 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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Diversified financial services are offered through commercial banking operations.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Egg Banking
| 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 - Egg Banking
| 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 |
Egg Banking Comparisons
Competitors of Egg Banking
Egg Banking 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 Nationwide, Monmouthshire Building Society, Leeds Building Society, Saffron Building Society and Cambridge Building Society, 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 |
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| domain | founded_year | HQ Location |
Nationwide Building Society is engaged in providing banking and financial services.
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| domain | founded_year | HQ Location |
Savings and mortgage services are offered to UK customers.
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| domain | founded_year | HQ Location |
Mortgages and savings services are offered to UK customers.
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| domain | founded_year | HQ Location |
Offers savings accounts, mortgages, and financial advice to members in the UK.
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| domain | founded_year | HQ Location |
Offers mortgages, savings accounts, ISAs, and community support for individuals.
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| domain | founded_year | HQ Location |
Provides financial services including savings accounts, mortgages, and insurance.
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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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Frequently Asked Questions about Egg Banking
When was Egg Banking founded?
Egg Banking was founded in 1998.
Where is Egg Banking located?
Egg Banking is headquartered in Derby, United Kingdom.
What does Egg Banking do?
Egg Banking was established in 1998 by founder Richard Duvall in Derby, United Kingdom. As a co-operative bank, it focuses on financial services such as savings accounts, loans, and credit facilities for members. Operations are centered in the UK, with online access available through egg.com. The model emphasizes member ownership and mutual benefits within the banking sector.
Who are the top competitors of Egg Banking?
Egg Banking's top competitors include Nationwide, Leeds Building Society and Monmouthshire Building Society.
What products or services does Egg Banking offer?
Egg Banking offers Solar Panels, Battery Storage, and EV Charging.
Who are Egg Banking's investors?
Egg Banking has 1 investor. Key investors include Citi.
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