About SEB
SEB is a company based in Katlakalns (Latvia) founded in 1993. It operates as a Professional Services, and Subscription Services. SEB has completed 2 acquisitions, including Balta and BaltaLife. SEB offers products and services including Daily Banking Services, Housing Loan, Investment Solutions, and Insurance Products. SEB operates in a competitive market with competitors including UniCredit, Scotiabank, Banka Citadele, Industra Bank and Signet Bank, among others.
- Headquarter Katlakalns, Latvia
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Seb Banka
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$265.68 K (USD), Grant
Apr 01, 2023
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
Balta
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — 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
Products & Services of SEB
SEB offers a comprehensive portfolio of products and services, including Daily Banking Services, Housing Loan, Investment Solutions, and Insurance Products. 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.
Accounts and payments are managed for daily transactions.
Loans for housing are provided to eligible clients.
Investment options are offered for financial growth purposes.
Various insurance plans are provided for personal security.
Funding Insights of SEB
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $265,676
-
First Round
First Round
(01 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Grant - SEB | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SEB
SEB 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 |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by SEB
SEB has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Balta and BaltaLife. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Multiple topics are explored through blogs by BaltaLife.
|
2012 | ||||
|
Property and casualty insurance is provided by Balta in Latvia.
|
1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - SEB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Seb Comparisons
Competitors of SEB
SEB 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 UniCredit, Scotiabank, Banka Citadele, Industra Bank and Signet 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial bank
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered in Latvia.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered to businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Operates as a commercial bank offering deposits, loans, and payment services.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Seb
Frequently Asked Questions about SEB
When was SEB founded?
SEB was founded in 1993 and raised its 1st funding round 30 years after it was founded.
Where is SEB located?
SEB is headquartered in Katlakalns, Latvia.
Who is the current CEO of SEB?
Dace Ljusa is the current CEO of SEB.
What does SEB do?
A range of banking and financial services are offered by SEB in Latvia. Retail banking, loans, investments, and insurance solutions are provided to private individuals, small businesses, and large enterprises. Support for daily financial management, housing loans, and pension plans is included in the portfolio. Sustainable financial practices and digital tools are emphasized to enhance customer experience across various sectors.
Who are the top competitors of SEB?
SEB's top competitors include Scotiabank, UniCredit and Banka Citadele.
What products or services does SEB offer?
SEB offers Daily Banking Services, Housing Loan, Investment Solutions, and Insurance Products.
Who are SEB's investors?
SEB has 1 investor. Key investors include European Union.