About NewDominion Bank
NewDominion Bank is a company based in Charlotte (United States) founded in 2005 was acquired by Park National Bank in January 2018.. NewDominion Bank offers products and services including Checking Account, Loans, Investments, and Digital Banking. NewDominion Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Charlotte, United States
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Sectors
Financial Services
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Email
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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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Employee Count
Employee Count
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Acquired by
Park National Bank
(Jan 23, 2018)
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Products & Services of NewDominion Bank
NewDominion Bank offers a comprehensive portfolio of products and services, including Checking Account, Loans, Investments, and Digital Banking. 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 everyday transactions and financial management
Services for vehicle, home, and business financing needs
Options for retirement planning and investment growth
Platform for secure mobile and online account access
Funding Insights of NewDominion Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 NewDominion Bank
NewDominion Bank has secured backing from 1 investor. Prominent investors backing the company include Park National Bank. 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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Commercial banking services are provided across the United States.
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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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Venture capital is directed toward companies in multiple sectors.
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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 NewDominion 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 - NewDominion Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Newdominion Bank Comparisons
Competitors of NewDominion Bank
NewDominion 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, Investec, Equity Bank, Citi and KeyBank, 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 |
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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Global banking, investment, and wealth management services are offered worldwide.
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Commercial banking services are provided to businesses and individuals.
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Diversified financial services are offered through commercial banking operations.
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Regional bank
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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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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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about NewDominion Bank
When was NewDominion Bank founded?
NewDominion Bank was founded in 2005.
Where is NewDominion Bank located?
NewDominion Bank is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of NewDominion Bank?
Blaine Jackson is the current CEO of NewDominion Bank.
What does NewDominion Bank do?
NewDominion Bank was established in 2005 in Charlotte, United States, as a commercial bank focused on financial services. Operations are centered on providing loans, deposit accounts, and business financing to corporate clients. The institution serves the regional market with standard banking products, including payment processing and wealth management options. Leadership is provided by CEO Blaine Jackson, overseeing daily activities from the headquarters.
Who are the top competitors of NewDominion Bank?
What products or services does NewDominion Bank offer?
NewDominion Bank offers Checking Account, Loans, Investments, and Digital Banking.
Who are NewDominion Bank's investors?
NewDominion Bank has 1 investor. Key investors include Park National Bank.