About Febanc
Febanc is a company based in Colombia founded in 2006. It operates as a B2B. Febanc offers products and services including Savings Accounts, Credits, Insurance Services, Auxiliary Benefits, and Vacation Rentals. Febanc operates in a competitive market with competitors including Adecco, PageGroup, Michael Page, EazyHire and Worki, among others.
- Headquarter Antioquia, Colombia
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Sectors
Financial ServicesTravel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Fondo De Empleados Del Grupo Bancolombia
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Febanc
Febanc offers a comprehensive portfolio of products and services, including Savings Accounts, Credits, Insurance Services, Auxiliary Benefits, and Vacation Rentals. 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.
Provides voluntary and obligatory savings options for employees.
Offers consumption and housing loans with flexible terms.
Delivers health and life insurance coverage plans.
Includes educational and emergency financial aids.
Provides access to employee vacation properties.
Funding Insights of Febanc
| 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 |
Investments & Acquisitions by Febanc
| 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 - Febanc
| 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 |
Febanc Comparisons
Competitors of Febanc
Febanc 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 Adecco, PageGroup, Michael Page, EazyHire and Worki, 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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HR management services including placement and outsourcing are provided globally.
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Recruitment consultancy services are provided to businesses and professionals.
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| domain | founded_year | HQ Location |
Recruitment services and job searches are facilitated across UK industries.
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| domain | founded_year | HQ Location |
Pre-paid fixed fee hiring solution for startups & SMEs
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Provider of recruitment services
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Febanc
When was Febanc founded?
Febanc was founded in 2006.
Where is Febanc located?
Febanc is headquartered in Colombia. It is registered at Antioquia, Colombia.
What does Febanc do?
Febanc is a fund dedicated to employees of Grupo Bancolombia, offering financial services such as savings accounts, various credits for consumption and housing, insurance options, and auxiliary benefits. It operates through online platforms and physical locations, providing convenios for education, health, and tourism. Based in Medellín, Colombia, it serves employees with tools for financial management and perks like vacation rentals, focusing on accessibility and support.
Who are the top competitors of Febanc?
Febanc's top competitors include Adecco, PageGroup and Michael Page.
What products or services does Febanc offer?
Febanc offers Savings Accounts, Credits, Insurance Services, Auxiliary Benefits, and Vacation Rentals.
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