About SAB
SAB is a company based in Fontenay-sous-bois (France) founded in 1989 by Henri Assaf and Olivier Peccoux was acquired by Sopra Banking Software in April 2019. SAB has raised $11.17 million across 1 funding round from investors including International Finance Corporation and Sopra Banking Software. SAB operates in a competitive market with competitors including ION Group, nCino, Ohpen, Backbase and Nymbus, among others.
- Headquarter Fontenay-sous-bois, France
- Founders Henri Assaf, Olivier Peccoux
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.17 M (USD)
in 1 rounds
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Latest Funding Round
$11.17 M (USD), Series B
May 05, 2015
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Investors
International Finance Corporation
& 1 more
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Employee Count
Not available
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Acquired by
Sopra Banking Software
(Apr 10, 2019)
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Funding Insights of SAB
SAB has successfully raised a total of $11.17M through 1 strategic funding round. The most recent funding activity was a Series B round of $11.17 million completed in May 2015. 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.
Investors in SAB
SAB has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include International Finance Corporation and Sopra Banking Software.
| Investor | Description | Founded Year | Domain | Location |
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IFC is focused on private sector development in emerging markets.
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Banking and financing platforms are developed for financial institutions.
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Locked | Locked | Locked |
Investor details for SAB
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Investments & Acquisitions by SAB
Investment portfolio details for SAB
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Financial Statements - SAB
Detailed financials for SAB
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Sab Comparisons
Peer comparison for SAB
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Competitors of SAB
SAB 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 ION Group, nCino, Ohpen, Backbase and Nymbus, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Treasury management solutions are provided for financial institutions and banks.
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| Locked | Locked | Locked |
Cloud-based API platform for banking operations is provided.
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| Locked | Locked | Locked |
Developer of cloud-based core banking platform for retail mutual funds and savings accounts
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| Locked | Locked | Locked |
AI-powered banking platforms are provided for operational growth.
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| Locked | Locked | Locked |
Cloud-based core banking solutions are offered to financial institutions.
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| Locked | Locked | Locked |
Cloud-native API-first core banking platform is provided for banks.
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Detailed competitors of SAB
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Latest news on Sab
Complete news archive for SAB
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Frequently Asked Questions about SAB
SAB was founded in 1989 and raised its 1st funding round 26 years after it was founded.
SAB is headquartered in Fontenay-sous-bois, France. It is registered at Fontenay-sous-bois, Val-de-marne, France.
SAB is a funded company, having raised a total of $11.17M across 1 funding round to date.
SAB was established in 1989 as a developer of core banking software. The platform is built to handle multi-establishment and multi-branch setups, with support for multiple accounts, languages, currencies, and channels. Retail and commercial banking needs are addressed through features such as account management, invoicing, transaction processing, security controls, and business services oversight. Operations span various financial institutions globally.
SAB's top competitors include nCino, Thought Machine and Tuum.
SAB has 2 investors. Key investors include International Finance Corporation, and Sopra Banking Software.