About Meritum Bank
Meritum Bank is a company based in Gdansk (Poland) founded in 1990 was acquired by Alior Bank in October 2014.. Meritum Bank offers products and services including Cash Loan, Mortgage Loan, Car Loan, Personal Account, and Consolidation Loan. Meritum Bank operates in a competitive market with competitors including UniCredit, Citi, Scotiabank, PKO Bank Polski and Alior Bank, among others.
- Headquarter Gdansk, Poland
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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
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Investors
Alior Bank
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Meritum Bank
Meritum Bank offers a comprehensive portfolio of products and services, including Cash Loan, Mortgage Loan, Car Loan, Personal Account, and Consolidation Loan. 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 quick cash loans via online applications for personal needs.
Offers loans for property purchases with comparison tools.
Facilitates financing for vehicle purchases through digital platforms.
Manages everyday banking with online access and features.
Helps combine debts into one manageable loan option.
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Funding Insights of Meritum 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 |
Investors in Meritum Bank
Meritum Bank has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Alior Bank and Innova Capital. 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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Private equity is invested in mid-sized CEE companies.
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Founded Year | Domain | Location | |
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Commercial banking services are offered in Poland.
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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 Meritum 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 - Meritum 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 |
Meritum Bank Comparisons
Competitors of Meritum Bank
Meritum 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 UniCredit, Citi, Scotiabank, PKO Bank Polski and Alior Bank, 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 bank
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services for individuals and businesses are provided.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Poland.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Poland.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Meritum Bank
When was Meritum Bank founded?
Meritum Bank was founded in 1990.
Where is Meritum Bank located?
Meritum Bank is headquartered in Gdansk, Poland. It is registered at Gdansk, Pomeranian Voivodeship, Poland.
What does Meritum Bank do?
Meritum Bank was established in 1990 and is based in Gdansk, Poland. Activities in the commercial banking sector are focused on providing financial services such as deposits, loans, and payment processing. Operations are centered in the Polish market, with standard retail and corporate banking products managed through its domain, meritumbank.pl. Regulatory compliance and local economic integration are maintained as core aspects of its framework.
Who are the top competitors of Meritum Bank?
Meritum Bank's top competitors include Citi, Scotiabank and UniCredit.
What products or services does Meritum Bank offer?
Meritum Bank offers Cash Loan, Mortgage Loan, Car Loan, Personal Account, and Consolidation Loan.
Who are Meritum Bank's investors?
Meritum Bank has 2 investors. Key investors include Alior Bank, and Innova Capital.
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