About First Century Bank
First Century Bank is a company based in Gainesville (United States) founded in 2000 was acquired by First Internet Bancorp in November 2021.. First Century Bank has raised $15 million across 2 funding rounds from investors including First Internet Bancorp. First Century Bank offers products and services including Online Banking, Checking Accounts, Savings Accounts, Loans, and Payment Services. First Century Bank operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Gainesville, United States
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name First Century Bank, N.A.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$15 M (USD)
in 2 rounds
-
Latest Funding Round
$15 M (USD), Series B
Jul 17, 2025
- Investors
-
Employee Count
Employee Count
-
Acquired by
First Internet Bancorp
(Nov 04, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of First Century Bank
First Century Bank offers a comprehensive portfolio of products and services, including Online Banking, Checking Accounts, Savings Accounts, Loans, and Payment Services. 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.
Platform for managing accounts and payments securely online.
Offers personal and business options for everyday transactions.
Provides accounts for saving and future financial planning.
Includes personal, business, and residential loan options.
Handles prepaid cards and ACH for efficient transactions.
Funding Insights of First Century Bank
First Century Bank has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $15.0M
-
First Round
First Round
(20 Nov 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series B - First Century Bank | Valuation |
investors |
|
| Nov, 2020 | Amount | Debt – Conventional - First Century Bank | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in First Century Bank
First Century Bank has secured backing from 1 investor. Prominent investors backing the company include First Internet Bancorp. 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 |
|---|---|---|---|---|
|
Internet-based banking services are provided nationwide by the company.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by First Century Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - First Century Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
First Century Bank Comparisons
Competitors of First Century Bank
First Century 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 Truist, First Republic Bank, Equity Bank, Investec and UniCredit, 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 |
Wealth advisory and banking services are offered to clients.
|
|
| domain | founded_year | HQ Location |
Commercial bank
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
|
|
| domain | founded_year | HQ Location |
Commercial bank
|
|
| domain | founded_year | HQ Location |
Commercial banking and wealth management services are offered globally.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about First Century Bank
When was First Century Bank founded?
First Century Bank was founded in 2000 and raised its 1st funding round 20 years after it was founded.
Where is First Century Bank located?
First Century Bank is headquartered in Gainesville, United States.
Is First Century Bank a funded company?
First Century Bank is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $20M, raised on Nov 20, 2020.
What does First Century Bank do?
First Century Bank was founded in 2000 in Gainesville, United States, operating as a commercial bank. Core activities include deposit accounts, loans, and payment processing for business clients. Services are extended to support local economic needs, with a focus on traditional banking operations. Geographic presence is centered in the Gainesville region, where regulatory compliance and customer transactions are managed daily.
Who are the top competitors of First Century Bank?
What products or services does First Century Bank offer?
First Century Bank offers Online Banking, Checking Accounts, Savings Accounts, Loans, and Payment Services.
Who are First Century Bank's investors?
First Century Bank has 1 investor. Key investors include First Internet Bancorp.