Equity Bank

Kinshasa, Democratic Republic Of The Congo Founded: 1984 • Age: 42 yrs Acquired By Equity Group Holdings
Commercial banking services are provided in Kinshasa, Congo.

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.

Operational Areas
Key Metrics

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$50MDebt – Conventional––
Valuation history

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
IFC is focused on private sector development in emerging markets.
1956ifc.org
Provider of investment management services
1984equitygroupholdings.comNairobi, Kenya
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Investor details for Equity Bank

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  • Round participation
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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.

  1. Founded Equity Bank is founded.
  2. Exit Acquired by Equity Group Holdings.
  3. Funding First funding round of $50.0M.

Competitors of Equity Bank

Equity Bank has 3 listed competitors in our database. They include Rawbank, BCDC and TMB.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rawbank.com2002Kinshasa, Congo
Rawbank is a regulated financial institution based in the Democratic Republic of the Congo, offering retail banking services and online banking solutions.
bcdc.cd1909Kinshasa, Congo
Commercial bank
tmb.cd2004Lubumbashi, Congo
TMB is recognized as a leading universal bank in DRC.
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Detailed competitors of 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's top competitors include Rawbank, TMB and BCDC.

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.

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