About Outbank
Outbank is a company based in Dachau (Germany) founded in 2001 was acquired by Verivox in November 2017.. Outbank offers products and services including Outbank App. Outbank operates in a competitive market with competitors including Finanzguru, Kontoblick, Fabit, Zuper and Heymoney, among others.
- Headquarter Dachau, Germany
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Sectors
Technology
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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 Aboalarm Gmbh
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Products & Services of Outbank
Outbank offers a comprehensive portfolio of products and services, including Outbank App. 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.
Secure platform for managing finances and bank accounts on mobile devices.
Funding Insights of Outbank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2015 | Amount | Seed - Outbank | Valuation | Christian Reber , Frank Thelen |
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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 |
Investors in Outbank
Outbank has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Verivox, Christian Reber and Frank Thelen. 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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CR
Christian Reber |
German entrepreneur, angel investor, founder of Pitch and Wunderlist, active in tech startups
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Founded Year | Domain | Location |
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FT
Frank Thelen |
German entrepreneur, investor, and TV personality, active in tech startups.
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Founded Year | Domain | Location |
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Comparison platform for financial and electronic products
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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 Outbank
| 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 - Outbank
| 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 |
Outbank Comparisons
Competitors of Outbank
Outbank 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 Finanzguru, Kontoblick, Fabit, Zuper and Heymoney, 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 |
Personal expenses and contracts are managed through a mobile app.
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| domain | founded_year | HQ Location |
Provides a German online platform for personal finance management.
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| domain | founded_year | HQ Location |
Budget control is enabled via an app-based platform.
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| domain | founded_year | HQ Location |
Cloud-based service management solutions are provided for field operations.
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| domain | founded_year | HQ Location |
Provides web development, design, online marketing, and investment services.
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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 Outbank
When was Outbank founded?
Outbank was founded in 2001 and raised its 1st funding round 14 years after it was founded.
Where is Outbank located?
Outbank is headquartered in Dachau, Germany. It is registered at Dachau, Bavaria, Germany.
What does Outbank do?
Outbank was founded in 2001 and is based in Dachau, Germany. The company operates in the personal finance and digital banking sector through iOS mobile and MacOS desktop applications. Banking accounts, credit cards, savings, digital wallets, and investments are integrated by users for real-time status monitoring and notifications. As of December 2016, connections have been established with over 4,000 banks across Germany, Austria, and Switzerland.
Who are the top competitors of Outbank?
Outbank's top competitors include Zuper, Finanzguru and FinFit.
What products or services does Outbank offer?
Outbank offers Outbank App.
Who are Outbank's investors?
Outbank has 3 investors. Key investors include Verivox, Christian Reber, and Frank Thelen.
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