About Nedbank
Nedbank is a company based in Johannesburg (South Africa) founded in 1888 was acquired by Suntera Global in May 2022. It operates as a Subscription Services, Commission-Based, and FinTech. Nedbank has completed 1 acquisition, including iKhokha. Nedbank offers products and services including Bank Accounts, Personal Loans, Credit Cards, Home Loans, and Insurance. Nedbank operates in a competitive market with competitors including Investec, Standard Bank, Bank of America, Scotiabank and FNB, among others.
- Headquarter Johannesburg, South Africa
- Stage Public
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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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- Legal Name Nedbank Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
Not available
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Investors
Suntera Global
& 1 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Suntera Global
(May 04, 2022)
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Products & Services of Nedbank
Nedbank offers a comprehensive portfolio of products and services, including Bank Accounts, Personal Loans, Credit Cards, Home Loans, and Insurance.
Personal accounts are offered for managing finances daily.
Loans are provided for achieving personal financial goals.
Credit cards are issued for convenient payment options.
Home loans are available for property purchase needs.
Insurance products are offered for personal asset protection.
People of Nedbank
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Software Development Team
146 people
Leadership Team
60 people
Human Resources and Administration
42 people
Finance and Accounting
40 people
Senior Team
30 people
Sales and Marketing
26 people
Product Management Team
24 people
Legal and Compliance
20 people
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Funding Insights of Nedbank
Investors in Nedbank
Nedbank has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Suntera Global and Aka Capital.
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Aka Capital is engaged in private equity and investment holdings.
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Governance, compliance, and responsible management services are provided globally.
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Investor details for Nedbank
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Nedbank
Nedbank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include iKhokha.
Investment portfolio details for Nedbank
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Diversified payment solutions are provided for businesses across multiple platforms.
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Complete acquisition details for Nedbank
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Nedbank
Detailed financials for Nedbank
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Nedbank Comparisons
Peer comparison for Nedbank
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Nedbank
Nedbank 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 Investec, Standard Bank, Bank of America, Scotiabank and FNB, among others.
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Global banking, investment, and wealth management services are offered worldwide.
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Commercial banking services are provided across 20 African countries.
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Commercial banking and asset management services are offered worldwide.
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Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are provided by FNB in South Africa.
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Detailed competitors of Nedbank
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Nedbank
Complete news archive for Nedbank
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Nedbank
Nedbank was founded in 1888 and raised its 1st funding round 117 years after it was founded.
Nedbank is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Mike Brown is the current CEO of Nedbank.
Nedbank is established as a leading financial institution in South Africa, offering a wide range of banking solutions including personal accounts, credit cards, loans, and insurance products. Services are extended to both individual and corporate clients across various sectors. Digital banking is emphasized through tools like the Nedbank Money app and Enbi, an AI-powered chatbot for customer assistance. Investment and wealth planning services are also provided to support financial growth and security for clients.
Nedbank's top competitors include Investec, Scotiabank and Standard Bank.
Nedbank offers Bank Accounts, Personal Loans, Credit Cards, Home Loans, and Insurance.
Nedbank has made 1 acquisition, including iKhokha.
Nedbank has 2 investors. Key investors include Suntera Global, and Aka Capital.