About NexBank
NexBank is a company based in Dallas (United States) founded in 1922.. NexBank has raised $171.94 million across 8 funding rounds. NexBank has completed 1 acquisition, including Marcal Paper. NexBank offers products and services including Institutional Banking, Commercial Banking, and Mortgage Banking. NexBank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Dallas, United States
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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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Total Equity Funding
$171.94 M (USD)
in 8 rounds
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Latest Funding Round
$50 M (USD), Series B
Sep 09, 2022
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of NexBank
NexBank offers a comprehensive portfolio of products and services, including Institutional Banking, Commercial Banking, and Mortgage 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.
Tailored financial solutions for institutions and funds
Customized lending and treasury for businesses
Wholesale lending and real estate financing options
Funding Insights of NexBank
NexBank has successfully raised a total of $171.94M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in September 2022. 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 8
- Last Round Series B — $50.0M
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First Round
First Round
(28 Dec 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series B - NexBank | Valuation |
investors |
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| May, 2022 | Amount | Series B - NexBank | Valuation |
investors |
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| Sep, 2021 | Amount | Series B - NexBank | Valuation |
investors |
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| 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 |
Investments & Acquisitions by NexBank
NexBank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Marcal Paper. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Hygiene products are manufactured and supplied in the United States.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NexBank
| 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 |
Nexbank Comparisons
Competitors of NexBank
NexBank 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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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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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 |
Regional bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided across the United States.
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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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Latest news on Nexbank
Frequently Asked Questions about NexBank
When was NexBank founded?
NexBank was founded in 1922 and raised its 1st funding round 88 years after it was founded.
Where is NexBank located?
NexBank is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of NexBank?
John Holt is the current CEO of NexBank.
Is NexBank a funded company?
NexBank is a funded company, having raised a total of $171.94M across 8 funding rounds to date. The company's 1st funding round was a Series B of $40M, raised on Dec 28, 2010.
What does NexBank do?
NexBank was established in 1922 as a commercial bank headquartered in Dallas, United States. Operations focus on providing standard banking services, including deposits, loans, and financial management for businesses and individuals. The institution is led by Chairman James Dondero and CEO President John Holt. Activities are centered in the U.S. financial sector, with a domain of nexbank.com for online access.
Who are the top competitors of NexBank?
What products or services does NexBank offer?
NexBank offers Institutional Banking, Commercial Banking, and Mortgage Banking.
How many acquisitions has NexBank made?
NexBank has made 1 acquisition, including Marcal Paper.