About Otech Microfinance Bank
Otech Microfinance Bank is a company based in Abuja (Nigeria) founded in 2022. It operates as a B2C. Otech Microfinance Bank operates in a competitive market with competitors including Gojo, SHALOM Microfinance Bank, Gwong Microfinance Bank, Safegate Microfinance Bank and Microbiz MFBank, among others.
- Headquarter Abuja, Nigeria
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Otech Microfinance Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Otech Microfinance Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Otech Microfinance Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Otech Microfinance Bank Comparisons
Competitors of Otech Microfinance Bank
Otech Microfinance 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 Gojo, SHALOM Microfinance Bank, Gwong Microfinance Bank, Safegate Microfinance Bank and Microbiz MFBank, 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 |
Microcredit is extended to individuals and businesses in need.
|
|
| domain | founded_year | HQ Location |
Offers loans, savings, and financial products for businesses and personal needs.
|
|
| domain | founded_year | HQ Location |
Microcredit loans are provided to clients in Nigeria.
|
|
| domain | founded_year | HQ Location |
Delivers comprehensive microfinancial services.
|
|
| domain | founded_year | HQ Location |
Offers loans, savings, transfers, and mobile banking for individuals and businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Otech Microfinance Bank
When was Otech Microfinance Bank founded?
Otech Microfinance Bank was founded in 2022.
Where is Otech Microfinance Bank located?
Otech Microfinance Bank is headquartered in Abuja, Nigeria. It is registered at Abuja, Federal Capital Territory, Nigeria.
What does Otech Microfinance Bank do?
Otech Microfinance Bank delivers comprehensive microfinancing services to clients through offering financial products and advice, banking, microfinance, and lending services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Otech Microfinance Bank?
Otech Microfinance Bank's top competitors include Gojo, Gwong Microfinance Bank and SHALOM Microfinance Bank.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.