About Proven Bank
Proven Bank is a company based in George Town (Cayman Islands) founded in 1977. It operates as a B2C, and B2B. Proven Bank offers products and services including Personal Savings Account, Personal Chequing Account, Term Deposit, Mortgage Loans, and Credit Cards. Proven Bank operates in a competitive market with competitors including Axis Bank, Metro Bank, HDFC Bank, Bandhan Bank and Alpha Bank, among others.
- Headquarter George Town, Cayman Islands
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Sectors
Financial Services
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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 Proven Bank
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Annual Revenue
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Net Profit
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Investors
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Employee Count
Employee Count
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Products & Services of Proven Bank
Proven Bank offers a comprehensive portfolio of products and services, including Personal Savings Account, Personal Chequing Account, Term Deposit, Mortgage Loans, and Credit Cards. 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.
Account for saving money and earning interest securely.
Account for everyday payments and withdrawals.
Fixed-term option for growing investments with guaranteed returns.
Loans for financing real estate purchases and home ownership.
Cards for transactions with rewards and security features.
Funding Insights of Proven 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 |
Investments & Acquisitions by Proven 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 - Proven 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 |
Proven Bank Comparisons
Competitors of Proven Bank
Proven 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 Axis Bank, Metro Bank, HDFC Bank, Bandhan Bank and Alpha 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 |
Provider of a commercial banking services
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| domain | founded_year | HQ Location |
Commercial banking services are provided in the United Kingdom.
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| domain | founded_year | HQ Location |
Commercial and personal banking services are offered by HDFC Bank.
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| domain | founded_year | HQ Location |
Personal and business banking services are offered to underbanked markets.
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| domain | founded_year | HQ Location |
Alpha Bank is recognized as a leading financial institution in Greece.
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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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 Proven Bank
When was Proven Bank founded?
Proven Bank was founded in 1977.
Where is Proven Bank located?
Proven Bank is headquartered in George Town, Cayman Islands.
What does Proven Bank do?
PROVEN Bank is a financial institution incorporated in the Cayman Islands, licensed as a Category A Bank. It provides services such as deposit accounts, personal and corporate loans, credit cards, and foreign exchange to residents and non-residents. Operating two branches in Grand Cayman, it focuses on secure online and traditional banking solutions for domestic and international markets, emphasizing efficient financial management.
Who are the top competitors of Proven Bank?
Proven Bank's top competitors include Metro Bank, Truist and Yes Bank.
What products or services does Proven Bank offer?
Proven Bank offers Personal Savings Account, Personal Chequing Account, Term Deposit, Mortgage Loans, and Credit Cards.