Equity Bank
About Equity Bank
Equity Bank is a company based in Kinshasa (Democratic Republic Of The Congo) founded in 1984 was acquired by Equity Group Holdings in September 2015.. Equity Bank operates in a competitive market with competitors including Scotiabank, Rawbank, BCDC, Kreissparkasse Biberach and TMB, among others.
- Headquarter Kinshasa, Democratic Republic Of The Congo
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$50 M (USD), Debt – Conventional
Jun 15, 2021
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Investors
Equity Group Holdings
& 1 more
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Employee Count
Employee Count
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Acquired by
Equity Group Holdings
(Sep 30, 2015)
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Funding Insights of Equity Bank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $50.0M
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First Round
First Round
(15 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Debt – Conventional - Equity Bank | Valuation |
investors |
| 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 |
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. 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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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Provider of investment management services
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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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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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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 Equity Bank
| 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 - Equity Bank
| 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 |
Equity Bank Comparisons
Competitors of Equity Bank
Equity 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, Rawbank, BCDC, Kreissparkasse Biberach and TMB, 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.
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| domain | founded_year | HQ Location |
Rawbank is a regulated financial institution based in the Democratic Republic of the Congo, offering retail banking services and online banking solutions.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Provides retail and business banking services with online platforms and financial products.
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| domain | founded_year | HQ Location |
TMB is recognized as a leading universal bank in DRC.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Equity Bank
Frequently Asked Questions about Equity Bank
When was Equity Bank founded?
Equity Bank was founded in 1984 and raised its 1st funding round 37 years after it was founded.
Where is Equity Bank located?
Equity Bank is headquartered in Kinshasa, Democratic Republic Of The Congo. It is registered at Kinshasa, Kinshasa, Democratic Republic Of The Congo.
What does Equity Bank do?
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.
Who are the top competitors of Equity Bank?
Equity Bank's top competitors include Scotiabank, Rawbank and TMB.
Who are Equity Bank's investors?
Equity Bank has 2 investors. Key investors include Equity Group Holdings, and International Finance Corporation.