About novobanco
novobanco is a company based in Lisbon (Portugal) founded in 2014 was acquired by Groupe BPCE in June 2025.. novobanco offers products and services including Bank Accounts, Credit Cards, Personal Loans, Investment Funds, and Insurance Plans. novobanco operates in a competitive market with competitors including Scotiabank, Banco BPI, Agricultural Credit, Banco Montepio and Banco CTT, among others.
- Headquarter Lisbon, Portugal
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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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- Legal Name Novo Banco, Sa
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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
Groupe BPCE
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of novobanco
novobanco offers a comprehensive portfolio of products and services, including Bank Accounts, Credit Cards, Personal Loans, Investment Funds, and Insurance Plans. 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.
Accounts for daily transactions and savings needs
Cards for secure purchases and cash advances
Loans for various purposes like health and education
Funds for wealth building and retirement planning
Coverage for health, life, and property risks
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Software Development Team
38 people
Leadership Team
35 people
Finance and Accounting
24 people
Sales and Marketing
20 people
Senior Team
15 people
Diretor Team
12 people
Gestor Team
10 people
Legal and Compliance
10 people
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Funding Insights of novobanco
| 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 novobanco
novobanco has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Groupe BPCE and Lone Star Funds. 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 investments in real estate, corporate equity, credit, and financial assets are conducted globally by Lone Star Funds.
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Founded Year | Domain | Location | |
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Cooperative banking services are provided to corporates and institutions.
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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 novobanco
| 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 - novobanco
| 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 |
Novobanco Comparisons
Competitors of novobanco
novobanco 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 Scotiabank, Banco BPI, Agricultural Credit, Banco Montepio and Banco CTT, 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 banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Provides banking services, loans, investments, and insurance to individuals and businesses.
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| domain | founded_year | HQ Location |
Commercial banking services are provided by Banco Montepio in Portugal.
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| domain | founded_year | HQ Location |
Offers banking services like accounts, credits, investments, insurance, and transfers in Portugal.
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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 Novobanco
Frequently Asked Questions about novobanco
When was novobanco founded?
novobanco was founded in 2014.
Where is novobanco located?
novobanco is headquartered in Lisbon, Portugal.
Who is the current CEO of novobanco?
Antonio Ramalho is the current CEO of novobanco.
What does novobanco do?
novobanco was established in 2014 as a commercial bank headquartered in Lisbon, Portugal. Operations focus on retail and corporate banking, including deposits, loans, and investment services. The institution serves clients throughout the country via its digital platform and branches, with oversight from the European Central Bank. Leadership is provided by CEO Antonio Ramalho, ensuring compliance with regulatory standards in the financial sector.
Who are the top competitors of novobanco?
novobanco's top competitors include Scotiabank, Banco BPI and Banco Montepio.
What products or services does novobanco offer?
novobanco offers Bank Accounts, Credit Cards, Personal Loans, Investment Funds, and Insurance Plans.
Who are novobanco's investors?
novobanco has 2 investors. Key investors include Groupe BPCE, and Lone Star Funds.
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