About Santander Bank
Santander Bank is a company based in Boston (United States) founded in 1857.. The company has 14 employees as of December 31, 2022. Santander Bank has completed 3 acquisitions, including Hartz Group, Onecom and Sanderson Precision. Santander Bank offers products and services including Checking Account, Savings Account, and Personal Loan. Santander Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Boston, United States
- Employees 14 as on 31 Dec, 2022
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Santande
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$61.83 K (USD), Grant
Jan 01, 2018
- Investors
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Employee Count
14
as on Dec 31, 2022
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Investments & Acquisitions
Hartz Group
& 2 more
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Products & Services of Santander Bank
Santander Bank offers a comprehensive portfolio of products and services, including Checking Account, Savings Account, and Personal Loan. 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 everyday transactions and deposits
Account to earn interest on deposited funds
Loan product to help achieve personal financial goals
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Leadership Team
94 people
Software Development Team
70 people
Legal and Compliance
22 people
Branch Team
17 people
Sales and Marketing
11 people
Data Analysis and Operations Team
10 people
Product Management Team
10 people
Senior Team
8 people
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Funding Insights of Santander Bank
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $61,832
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First Round
First Round
(15 Oct 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Grant - Santander Bank | Valuation |
investors |
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| Oct, 2017 | Amount | Grant - Santander Bank | Valuation |
investors |
| 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 Santander Bank
Santander Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Santander Bank
Santander Bank has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Hartz Group, Onecom and Sanderson Precision. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Customized refrigerated transport vehicles are designed and manufactured for logistics.
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1999 | ||||
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A suite of IT services is provided by Excalibur Communications.
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1993 | ||||
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Limited information available
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Santander 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 |
Santander Bank Comparisons
Competitors of Santander Bank
Santander 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 Truist, Investec, Equity Bank, Citi and KeyBank, 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 |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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Regional bank
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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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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On-demand services are booked through an app-based platform.
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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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Latest news on Santander Bank
Frequently Asked Questions about Santander Bank
When was Santander Bank founded?
Santander Bank was founded in 1857 and raised its 1st funding round 160 years after it was founded.
Where is Santander Bank located?
Santander Bank is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Santander Bank?
Tim Wennes is the current CEO of Santander Bank.
How many employees does Santander Bank have?
As of Dec 31, 2022, the latest employee count at Santander Bank is 14.
What does Santander Bank do?
Santander Bank was established in 1857 and operates as a commercial bank in the financial sector. Core services, including deposits, loans, and payment processing, are provided to individual and business clients. The bank is headquartered in Boston, United States, with broader operations across the country. Leadership is managed by CEO Tim Wennes, overseeing daily functions and strategic initiatives.
Who are the top competitors of Santander Bank?
What products or services does Santander Bank offer?
Santander Bank offers Checking Account, Savings Account, and Personal Loan.
How many acquisitions has Santander Bank made?
Santander Bank has made 3 acquisitions, including Hartz Group, Onecom, and Sanderson Precision.
Who are Santander Bank's investors?
Santander Bank has 1 investor. Key investors include European Union.
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