About First Internet Bank
First Internet Bank is a publicly listed company based in Indianapolis (United States) founded in 1999. Digital banking services are offered to retail and business customers. Its website firstib.com draws about 132 thousand monthly visits. First Internet Bank offers products and services including Money Market Savings Account, Checking Account, CDs, Personal Loans, and SBA Loans. Its focus areas include FinTech, Banking Tech, Internet First Banks and Digital Native Banks. Its legal entity is SourceMedia Inc. Similar companies include Varo, Comun and Grasshopper Bank; 3 of its 3 listed similar companies have raised funding.
Company details
First Internet Bank was founded in 1999 and is headquartered in Indianapolis, United States. As an internet-first institution in the diversified banking sector, digital services are provided to both retail and business clients. These include savings and current accounts, deposit and debit options, consumer loans, commercial loans, mortgage loans, credit cards, car loans, student loans, and additional financial products. Operations focus on online accessibility without physical branches.
- Latest Funding Round$23.4M (USD), Post-IPO
Dec 2016
Products & Services of First Internet Bank
First Internet Bank offers a comprehensive portfolio of products and services, including Money Market Savings Account, Checking Account, CDs, Personal Loans, and SBA Loans.
High-yield account for earning interest on deposits with competitive rates.
Account for daily transactions and payments with no extra fees.
Fixed-term deposits that earn interest over a set period.
Loans for individual needs like vehicles or education.
Government-backed loans for small businesses and entrepreneurs.
Apps and channels of First Internet Bank
its YouTube channel First Internet Bank has 133 subscribers.
Funding Insights of First Internet Bank
- Total Rounds 1
- Last Round Post-IPO — $23.4M
- First Round $23.4M
(Dec 2016)
All 1 funding rounds of First Internet 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 |
|---|---|---|---|---|---|
| Dec 2016 | $23.4M | Post-IPO | – | – | – |
People of First Internet Bank
93 people are tracked at First Internet Bank (46 in leadership, 47 in team).
| Name | Role | Group |
|---|---|---|
Nicole S. Lorch | President & COO | Leadership |
Nick Simulia | First VP, Marketing | Leadership |
Kenneth J. Lovik | EVP & CFO | Leadership |
Tom Smith | Regional VP, Commercial Banking | Leadership |
Logan S. | Assistant Vice President - Commercial Administration | Leadership |
Cody Morris | VP - Commercial Banking Operations | Leadership |
David Misner | Vice President | Leadership |
David B. Becker | Chairman & CEO | Leadership |
David Greco | Vice President Commercial Banking | Leadership |
Chuck Gearhart | Vice President Retail Banking | Leadership |
Lori Kraus | Vice President, Corporate Controller | Leadership |
Mark Brown | First Vice President - Finance - Fintech And Special Projects | Leadership |
Chelsie Hatoway | Director Business Solutions | Leadership |
Joshua Bunton Mm, Mba, Cpp, Phr, Shrbp | Vice President, Human Resources Operations | Leadership |
John Lehner | Vice President Commercial Banking | Leadership |
Will Tinsley | VP - Senior Business Development Officer | Leadership |
Katy Clayton | Vice President, Public Finance Portfolio Manager | Leadership |
Shane Whitson | Vice President Portfolio Management | Leadership |
Tyler Maragh | Vp, Senior SBA Lending Officer | Leadership |
Stephanie Cernero | Human Resources Business Partner | Leadership |
73 more people are available in the full profile.
Complete people profiles for First Internet Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
IPO & Listings of First Internet Bank
First Internet Bank is a publicly listed company on the NASDAQ with ticker symbol INBK in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Apr 2006
- Listed onNASDAQ: INBK
- Listed entityFirst Internet Bancorp
- Exchange sectorFinance
Timeline of First Internet Bank
3 dated milestones of First Internet Bank across 17 years, from founding to its latest funding, stage changes and deals.
- Founded First Internet Bank is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $23.4M.
Similar companies to First Internet Bank
First Internet Bank has 3 listed similar companies in our database, 3 of them funded. They include Varo, Comun and Grasshopper Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| varomoney.com | 2015 | San Francisco, United States | $1.12B | 816 | Digital banking services are offered to individuals via mobile apps. | |
| comun.app | 2021 | New York, United States | $26M | 19 | An online platform for retail banking solutions is provided. | |
| grasshopper.bank | 2016 | New York, United States | $218.76M | Commercial banking services are offered via an online platform. |
Detailed similar companies of First Internet Bank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of First Internet Bank
The website of First Internet Bank (firstib.com) receives about 132.2K visits a month and ranks #297,291 among all websites worldwide, #4,453 in Banking Credit and Lending.
- Monthly visits132.2K
▼ 21.9% vs previous month
- Unique visitors64K
per month
- Global rank#297,291
among all websites
- Category rank#4,453
Finance · Banking Credit and Lending
- Bounce rate66%
- Pages per visit1.5
- Average visit1 min 03 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with First Internet Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
myfirstib.com | myfirstib.com | 100% | #799,122 | – | |
| chase.com | 88% | 198.6M | #125 | View details | |
| bankofinternet.com | 85% | View details | |||
| virtualbank.com | 85% | #2,140,214 | View details | ||
| citibank.com | 84% | #65,157 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for First Internet Bank
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
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- Traffic by brand
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Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as First Internet Bank (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about First Internet Bank
Complete news archive for First Internet Bank
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Frequently Asked Questions about First Internet Bank
First Internet Bank was founded in 1999 and raised its 1st funding round 17 years after it was founded.
First Internet Bank is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
First Internet Bank was founded in 1999 and is headquartered in Indianapolis, United States. As an internet-first institution in the diversified banking sector, digital services are provided to both retail and business clients. These include savings and current accounts, deposit and debit options, consumer loans, commercial loans, mortgage loans, credit cards, car loans, student loans, and additional financial products. Operations focus on online accessibility without physical branches.
First Internet Bank's top competitors include Varo, Comun and Grasshopper Bank.
First Internet Bank offers Money Market Savings Account, Checking Account, CDs, Personal Loans, and SBA Loans.
Yes, First Internet Bank is publicly traded on NASDAQ under the ticker symbol INBK.
First Internet Bank operates through Sourcemedia Inc.
The website of First Internet Bank receives about 132 thousand visits a month and ranks #297,291 among all websites worldwide.