About Oceanic Bank
Oceanic Bank is a company based in Abuja (Nigeria) founded in 2010 was acquired by Ecobank in October 2011.. Oceanic Bank operates in a competitive market with competitors including Scotiabank, Guaranty Trust Bank, First Bank of Nigeria, Zenith Bank and First City Monument Bank, among others.
- Headquarter Abuja, Nigeria
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Sectors
Financial Services
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Phone
*********
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Website
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Funding Insights of Oceanic 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 Oceanic Bank
Oceanic Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ecobank. 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 offered across African markets.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Oceanic 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 - Oceanic 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 |
Oceanic Bank Comparisons
Competitors of Oceanic Bank
Oceanic 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 Scotiabank, Guaranty Trust Bank, First Bank of Nigeria, Zenith Bank and First City Monument 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 |
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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 |
Nigerian multinational financial institution
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| domain | founded_year | HQ Location |
Commercial banking services are provided across Nigeria.
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| domain | founded_year | HQ Location |
Banking and financial services are provided to individuals and businesses.
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| domain | founded_year | HQ Location |
Virtual consultations with certified doctors are facilitated online.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Nigeria's financial sector.
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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 Oceanic Bank
When was Oceanic Bank founded?
Oceanic Bank was founded in 2010.
Where is Oceanic Bank located?
Oceanic Bank is headquartered in Abuja, Nigeria. It is registered at Abuja, Federal Capital Territory, Nigeria.
What does Oceanic Bank do?
Oceanic Bank was established in 2010 as a commercial bank based in Abuja, Nigeria. Operations are focused on the financial sector, where deposit accounts, loans, and payment services are offered to businesses and individuals. The banks domain, oceanicbank.com, supports online banking access. Activities are centered in Nigeria, with regulatory compliance maintained under local financial authorities. Expansion within the region is pursued through standard banking practices.
Who are the top competitors of Oceanic Bank?
Oceanic Bank's top competitors include Scotiabank, First City Monument Bank and Guaranty Trust Bank.
Who are Oceanic Bank's investors?
Oceanic Bank has 1 investor. Key investors include Ecobank.
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