About Sydbank
Sydbank is a company based in Aabenraa (Denmark) founded in 1970.. The company has 56 employees as of March 31, 2023. Sydbank has completed 4 acquisitions, including Arbejdernes Landsbank, Coop Bank and Diskonto Banken. Sydbank operates in a competitive market with competitors including Scotiabank, Danske Bank, lan & spar, Kiwibank and Jyske Bank, among others.
- Headquarter Aabenraa, Denmark
- Employees 56 as on 31 Mar, 2023
- Stage Public
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Sydbank A/S
-
Annual Revenue
$4.35 M (USD)-1as on Dec 31, 2022
-
Net Profit
-
EBITDA
-
Latest Funding Round
$172.5 M (USD), Post-IPO
Sep 15, 2009
-
Investors
-
Employee Count
56
as on Mar 31, 2023
-
Investments & Acquisitions
Arbejdernes Landsbank
& 3 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
Unlock access to complete
Unlock access to complete
Funding Insights of Sydbank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $172.5M
-
First Round
First Round
(15 Sep 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2009 | Amount | Post-IPO - Sydbank | 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 |
Investments & Acquisitions by Sydbank
Sydbank has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Arbejdernes Landsbank, Coop Bank and Diskonto Banken. 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 |
|---|---|---|---|---|---|
|
Co-operative bank
|
2012 | ||||
|
Commercial banking services are provided in Denmark by Vestjysk Bank.
|
1996 | ||||
|
Provides banking services, loans, investments, and financial advice in Denmark.
|
1919 |
| 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 - Sydbank
| 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 |
Sydbank Comparisons
Competitors of Sydbank
Sydbank 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 Scotiabank, Danske Bank, lan & spar, Kiwibank and Jyske 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 banking services are provided internationally by Scotiabank.
|
|
| domain | founded_year | HQ Location |
Financial services including banking and insurance are provided globally.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses in Denmark.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered throughout New Zealand.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered across Denmark and abroad.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided in Denmark by Vestjysk Bank.
|
| 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 Sydbank
Frequently Asked Questions about Sydbank
When was Sydbank founded?
Sydbank was founded in 1970 and raised its 1st funding round 39 years after it was founded.
Where is Sydbank located?
Sydbank is headquartered in Aabenraa, Denmark.
Who is the current CEO of Sydbank?
Karen Frosty is the current CEO of Sydbank.
How many employees does Sydbank have?
As of Mar 31, 2023, the latest employee count at Sydbank is 56.
What is the annual revenue of Sydbank?
Annual revenue of Sydbank is $4.35M as on Dec 31, 2022.
What does Sydbank do?
Sydbank was founded in 1970 and operates as a commercial bank based in Aabenraa, Denmark. Core activities include retail and corporate banking, with services such as loans, deposits, and investment advice provided to customers across the country. The bank focuses on the Danish market, supporting local businesses and individuals through its network of branches and digital platforms. Leadership is held by executives including the CEO.
Who are the top competitors of Sydbank?
Sydbank's top competitors include Scotiabank, Danske Bank and lan & spar.
How many acquisitions has Sydbank made?
Sydbank has made 4 acquisitions, including Arbejdernes Landsbank, Coop Bank, and Diskonto Banken.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.