About PRASAC
PRASAC is a Financial Services company based in Phnom Penh (Cambodia) founded in 1995, and was acquired by KB Kookmin Bank in December 2019. Microfinance services are extended to clients across Cambodia. Its chief executive, as recorded, is Sim Senacheert. Its focus areas include Banks, Special Purpose Banks and Microfinance Banks. Its competitors include Amret, AMK and Thanakea Phum.
Company details
PRASAC was established in 1995 as a microfinance bank in Phnom Penh, Cambodia. Financial services, including loans and savings accounts, are provided to low-income individuals and small enterprises. Operations are conducted through branches nationwide, supporting economic inclusion in the rural and urban sectors. The institution is led by CEO Sim Senacheert, with a focus on sustainable banking practices in the microfinance industry.
- Headquarters Phnom Penh, Cambodia
- Stage Acquired
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website prasac.com.kh
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by KB Kookmin Bank (Dec 2019)
- InvestorsKB Kookmin Bank
& 8 more
- Acquired by
Apps and channels of PRASAC
PRASAC publishes 1 mobile app with over 500K+ downloads; its YouTube channel KB PRASAC Bank has 15.9K subscribers and 30 videos.
Videos from PRASAC
The most watched videos on PRASAC's YouTube channel, KB PRASAC Bank (15.9K subscribers). Click a video to play it here.
More on KB PRASAC Bank.
Funding Insights of PRASAC
- Total Rounds 5
- Investors Count 5
All 5 funding rounds of PRASAC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | Debt – Conventional | β | β | ||
| Feb 2018 | $15M | Debt – Conventional | β | β | |
| Sep 2013 | Private Equity Round | β | β | ||
| Jul 2013 | $60.5M | Debt – Conventional | β | β | |
| Jun 2013 | Debt – Venture | β | β |
9 investors in total: 9 institutional.
Investors in PRASAC
PRASAC has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include KB Kookmin Bank, The Bank of East Asia and LOLC Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE and VC investments are directed toward sustainable climate projects. | gcpf.lu | Luxembourg, Luxembourg | ||
Early-stage SMEs are invested in by government-operated Swedfund. | 1979 | swedfund.se | Stockholm, Sweden | |
Venture capital and infrastructure fund focused on digital infra, Agri, and renewable energy sectors | cordiantcap.com | Montreal, Canada | ||
Private equity and funds of funds | bio-invest.be | Brussels, Belgium | ||
It invests in developing countries to create jobs and improve lives | 1998 | norfund.no | Oslo, Norway | |
Business loans are provided to enterprises in Sri Lanka. | 1980 | lolc.com | Sri Jayawardenepura Kotte, Sri Lanka | |
Commercial banking services are offered to individuals and businesses. | 1918 | hkbea.com | Hong Kong, China | |
Multiple sectors are invested in via fund of funds approach. | 1963 | kbstar.com | Seoul, South Korea | |
PSCo is recognized as a leading trade-only provider of display technologies in the UK. | psco.co.uk | Bracknell, United Kingdom |
Investor details for PRASAC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PRASAC
1 people are tracked at PRASAC (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sim Senacheert | CEO & President | Leadership |
Complete people profiles for PRASAC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of PRASAC
5 dated milestones of PRASAC across 24 years, from founding to its latest funding, stage changes and deals.
- Founded PRASAC is founded.
- Funding First funding round.
- Exit Acquired by LOLC.
- Funding Latest funding round, Debt β Conventional,.
- Exit Acquired by KB Kookmin Bank.
Competitors of PRASAC
PRASAC has 3 listed competitors in our database. They include Amret, AMK and Thanakea Phum.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| amret.com.kh | 1991 | Phnom Penh, Cambodia | Microfinance services including loans, savings, transactions, and insurance are offered. | |||
| amkcambodia.com | 2003 | Phnom Penh, Cambodia | Microfinance services are extended to low-income clients in Cambodia. | |||
| tpc.com.kh | 1994 | Phnom Penh, Cambodia | Micro credit services are provided to underserved communities in Cambodia. |
Detailed competitors of PRASAC
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of PRASAC
The website of PRASAC (prasac.com.kh) receives about 8.9K visits a month.
- Monthly visits8.9K
▲ 25.7% vs previous month
Websites whose visitors overlap most with PRASAC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| amret.com.kh | 100% | 5.4K | #2,924,866 | View details | |
kredit.com.kh | kredit.com.kh | 96% | β | ||
| sathapana.com.kh | 87% | 45.2K | #777,280 | View details | |
| vattanacbank.com | 85% | 24.2K | #815,173 | View details | |
| amkcambodia.com | 85% | 90.5K | #99,798 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 14 similar websites and full traffic analytics for PRASAC
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β 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
Related news about Prasac
Complete news archive for PRASAC
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PRASAC
PRASAC was founded in 1995 and raised its 1st funding round 18 years after it was founded.
PRASAC is headquartered in Phnom Penh, Cambodia.
Sim Senacheert is the CEO of PRASAC, as recorded in our data.
PRASAC was established in 1995 as a microfinance bank in Phnom Penh, Cambodia. Financial services, including loans and savings accounts, are provided to low-income individuals and small enterprises. Operations are conducted through branches nationwide, supporting economic inclusion in the rural and urban sectors. The institution is led by CEO Sim Senacheert, with a focus on sustainable banking practices in the microfinance industry.
PRASAC's top competitors include AMK, Amret and Thanakea Phum.
PRASAC has 9 investors. Key investors include KB Kookmin Bank, The Bank of East Asia, LOLC Group, Norfund, and Swedfund.
Yes. PRASAC was acquired by KB Kookmin Bank in December 2019.
Yes. PRASAC publishes KB PRASAC Mobile, with over 500,000 downloads.