About Golden Pacific Bank
Golden Pacific Bank is a company based in Sacramento (United States) founded in 1986 was acquired by SoFi in March 2021.. Golden Pacific Bank has raised $18.03 million across 6 funding rounds from investors including SoFi. The company has 29 employees as of December 31, 2022. Golden Pacific Bank offers products and services including Personal Checking, Business Loans, Mobile Banking, Business Savings, and Personal Credit Cards. Golden Pacific Bank operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Sacramento, United States
- Employees 29 as on 31 Dec, 2022
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Golden Pacific Bank, N.A.
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 Golden Pacific Bank
Golden Pacific Bank offers a comprehensive portfolio of products and services, including Personal Checking, Business Loans, Mobile Banking, Business Savings, and Personal Credit Cards. 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.
Account for daily transactions and deposits for individuals
Funding options to support business expansion and operations
App for remote account management and transactions anytime
Account for business funds growth with interest earnings
Cards for personal purchases and credit building
Funding Insights of Golden Pacific Bank
Golden Pacific Bank has successfully raised a total of $18.03M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $636.16 thousand completed in May 2013. 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 6
- Last Round Series B — $636,160
-
First Round
First Round
(25 Feb 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series B - Golden Pacific Bank | Valuation |
investors |
|
| Mar, 2013 | Amount | Series B - Golden Pacific Bank | Valuation |
investors |
|
| Nov, 2011 | Amount | Series B - Golden Pacific 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 Golden Pacific Bank
Golden Pacific Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SoFi. 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 |
|---|---|---|---|---|
|
Various consumer loans and financial services are offered online.
|
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 Golden Pacific 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 - Golden Pacific 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 |
Golden Pacific Bank Comparisons
Competitors of Golden Pacific Bank
Golden Pacific 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.
|
Latest news on Golden Pacific Bank
Frequently Asked Questions about Golden Pacific Bank
When was Golden Pacific Bank founded?
Golden Pacific Bank was founded in 1986 and raised its 1st funding round 24 years after it was founded.
Where is Golden Pacific Bank located?
Golden Pacific Bank is headquartered in Sacramento, United States. It is registered at Sacramento, California, United States.
Who is the current CEO of Golden Pacific Bank?
Virginia Varela is the current CEO of Golden Pacific Bank.
Is Golden Pacific Bank a funded company?
Golden Pacific Bank is a funded company, having raised a total of $18.03M across 6 funding rounds to date. The company's 1st funding round was a Series B of $695.84K, raised on Feb 25, 2010.
How many employees does Golden Pacific Bank have?
As of Dec 31, 2022, the latest employee count at Golden Pacific Bank is 29.
What does Golden Pacific Bank do?
Golden Pacific Bank was established in 1986 as a commercial bank headquartered in Sacramento, United States. Operations focus on standard banking activities, including deposit accounts, loans, and financial transactions for businesses and individuals. Services are delivered primarily within the regional market, with oversight by CEO and President Virginia Varela. The institution maintains a presence in the financial sector through traditional banking practices.
Who are the top competitors of Golden Pacific Bank?
What products or services does Golden Pacific Bank offer?
Golden Pacific Bank offers Personal Checking, Business Loans, Mobile Banking, Business Savings, and Personal Credit Cards.
Who are Golden Pacific Bank's investors?
Golden Pacific Bank has 1 investor. Key investors include SoFi.