
Equity Bank
About Equity Bank
Equity Bank is a Financial Services company based in Kinshasa (Democratic Republic Of The Congo) founded in 1984, and was acquired by Equity Group Holdings in September 2015. Commercial banking services are provided in Kinshasa, Congo. Its focus areas include Banks and Commercial Banks. Its competitors include Rawbank, BCDC and TMB.
Company details
Equity Bank was established in 1984 in Kinshasa, Democratic Republic of Congo, where it functions as a commercial bank. Operations focus on standard banking activities, including deposit management, lending, and transaction processing for individuals and businesses. Services are delivered through branches in the region, supporting local economic needs. The institution maintains its domain at equitybank.cd and adheres to regional financial regulations.
- Headquarters Kinshasa, Democratic Republic Of The Congo
- Stage Acquired
- SectorsFinancial Services
- Website equitybank.cd
- Social X
- Acquired by Equity Group Holdings (Sep 2015)
- Latest Funding Round$50M (USD), Debt – Conventional
Jun 2021
- InvestorsEquity Group Holdings
& 1 more
- Acquired byEquity Group Holdings
(Sep 2015)
Funding Insights of Equity Bank
- Total Rounds 1
- Last Round Debt – Conventional β $50M
- First Round $50M
(Jun 2021)
- Investors Count 1
All 1 funding rounds of Equity 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 |
|---|---|---|---|---|---|
| Jun 2021 | $50M | Debt – Conventional | β | β |
2 investors in total: 2 institutional.
Investors in Equity Bank
Equity Bank has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Equity Group Holdings and International Finance Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Provider of investment management services | 1984 | equitygroupholdings.com | Nairobi, Kenya |
Investor details for Equity Bank
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Equity Bank
3 dated milestones of Equity Bank across 37 years, from founding to its latest funding, stage changes and deals.
- Founded Equity Bank is founded.
- Exit Acquired by Equity Group Holdings.
- Funding First funding round of $50.0M.
Competitors of Equity Bank
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rawbank.com | 2002 | Kinshasa, Congo | Rawbank is a regulated financial institution based in the Democratic Republic of the Congo, offering retail banking services and online banking solutions. | |||
| bcdc.cd | 1909 | Kinshasa, Congo | Commercial bank | |||
| tmb.cd | 2004 | Lubumbashi, Congo | TMB is recognized as a leading universal bank in DRC. |
Detailed competitors of Equity Bank
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Related news about Equity Bank
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Frequently Asked Questions about Equity Bank
Equity Bank was founded in 1984 and raised its 1st funding round 37 years after it was founded.
Equity Bank is headquartered in Kinshasa, Democratic Republic Of The Congo. It is registered at Kinshasa, Kinshasa, Democratic Republic Of The Congo.
Equity Bank was established in 1984 in Kinshasa, Democratic Republic of Congo, where it functions as a commercial bank. Operations focus on standard banking activities, including deposit management, lending, and transaction processing for individuals and businesses. Services are delivered through branches in the region, supporting local economic needs. The institution maintains its domain at equitybank.cd and adheres to regional financial regulations.
Equity Bank has 2 investors. Key investors include Equity Group Holdings, and International Finance Corporation.
Yes. Equity Bank was acquired by Equity Group Holdings in September 2015.
