About Prime Pacific Bank
Prime Pacific Bank is a company based in Lynwood (United States) founded in 1995 was acquired by Bank of the Cascades in April 2016.. Prime Pacific Bank has raised $6.96 million across 3 funding rounds from investors including Bank of the Cascades.
- Headquarter Lynwood, United States
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.96 M (USD)
in 3 rounds
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Latest Funding Round
$4.62 M (USD), Series A
Oct 09, 2014
- Investors
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Employee Count
Employee Count
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Acquired by
Bank of the Cascades
(Apr 26, 2016)
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Funding Insights of Prime Pacific Bank
Prime Pacific Bank has successfully raised a total of $6.96M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.62 million completed in October 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $4.6M
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First Round
First Round
(12 Apr 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Series A - Prime Pacific Bank | Valuation |
investors |
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| Jan, 2013 | Amount | Unspecified - Prime Pacific Bank | Valuation |
investors |
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| Apr, 2011 | Amount | Unspecified - Prime Pacific Bank | Valuation |
investors |
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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 Prime Pacific Bank
Prime Pacific Bank has secured backing from 1 investor. Prominent investors backing the company include Bank of the Cascades. 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 bank
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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 Prime Pacific 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 - Prime Pacific 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 |
Prime Pacific Bank Comparisons
Competitors of Prime Pacific Bank
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Prime Pacific Bank
When was Prime Pacific Bank founded?
Prime Pacific Bank was founded in 1995 and raised its 1st funding round 16 years after it was founded.
Where is Prime Pacific Bank located?
Prime Pacific Bank is headquartered in Lynwood, United States. It is registered at Lynwood, California, United States.
Is Prime Pacific Bank a funded company?
Prime Pacific Bank is a funded company, having raised a total of $6.96M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $778.65K, raised on Apr 12, 2011.
What does Prime Pacific Bank do?
Prime Pacific Bank was established in 1995 as a commercial bank based in Lynwood, United States. Operations focus on standard banking activities, including deposit accounts, loans, and financial transactions for both personal and business clients. Services are delivered through local branches, with an emphasis on community-oriented banking in the Pacific region. Regulatory compliance is maintained under US federal guidelines, supporting regional economic needs without international expansion.
Who are Prime Pacific Bank's investors?
Prime Pacific Bank has 1 investor. Key investors include Bank of the Cascades.