TARGOBANK

Dusseldorf, Germany Founded: 1926 • Age: 100 yrs Acquired By ABANCA
Commercial bank
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About TARGOBANK

TARGOBANK is a company based in Dusseldorf (Germany) founded in 1926 was acquired by ABANCA in December 2022. TARGOBANK has completed 1 acquisition, including Oldenburgische Landesbank. TARGOBANK offers products and services including Online-Kredit, Girokonto, Kreditkarte, and Tagesgeldkonto. TARGOBANK operates in a competitive market with competitors including SVB, Bank of America, Scotiabank, UniCredit and Deutsche Bank, among others.

  • Headquarter Dusseldorf, Germany
  • Sectors
    Technology
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Targobank Ag
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    ABANCA

    (Dec 22, 2022)

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Products & Services of TARGOBANK

TARGOBANK offers a comprehensive portfolio of products and services, including Online-Kredit, Girokonto, Kreditkarte, and Tagesgeldkonto.

Product name locked
Category locked
Primary

Platform for quick online credit applications and approvals

Product name locked
Category locked
Locked

Account for daily transactions and payments

Product name locked
Category locked
Locked

Card for purchases and bonus rewards

Product name locked
Category locked
Locked

Account offering interest on daily deposits

People of TARGOBANK

Headcount 5000-10000
Employee Profiles 61
Employee Profiles
People
Hendrik Strauf
Abteilungsmanager HR Hv, IT & Firmenkunden
People
Erkan Tanyolu
Internal Sales
People
Bjoern Wendland
Area Sales Director
People
Patrick Baudoux
Filialleiter Corporate & Institutional Banking Baden-württemberg

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Funding Insights of TARGOBANK

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Detailed funding history for TARGOBANK

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

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Investors in TARGOBANK

TARGOBANK has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ABANCA.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services are provided across Spain by ABANCA.
Locked Locked Locked
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Investor details for TARGOBANK

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by TARGOBANK

TARGOBANK has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Oldenburgische Landesbank.

Investments
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Investment portfolio details for TARGOBANK

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  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Commercial bank
Locked Locked 1869 Locked
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Complete acquisition details for TARGOBANK

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  • Domains and locations

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Financial Statements - TARGOBANK

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Detailed financials for TARGOBANK

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  • Profit trends
  • Statement rows
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Targobank Comparisons

TARGOBANK Primary company
Description
Commercial bank
Location
Dusseldorf, Germany
Founded Year
1926
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for TARGOBANK

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Competitors of TARGOBANK

TARGOBANK 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 SVB, Bank of America, Scotiabank, UniCredit and Deutsche Bank, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Banking services are provided to innovative companies, investors, and individuals.
Locked Locked Locked
Commercial banking and asset management services are offered worldwide.
Locked Locked Locked
Commercial banking services are provided internationally by Scotiabank.
Locked Locked Locked
Commercial bank
Locked Locked Locked
Diversified banking and financial services are provided globally.
Locked Locked Locked
Digital wealth management for individual private equity investments is provided.
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Detailed competitors of TARGOBANK

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Latest news on Targobank

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Complete news archive for TARGOBANK

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about TARGOBANK

TARGOBANK was founded in 1926.

TARGOBANK is headquartered in Dusseldorf, Germany. It is registered at Dusseldorf, North Rhine-westphalia, Germany.

Targobank was established in 1926 and is headquartered in Dusseldorf, Germany. Operations are conducted as a commercial bank within the financial sector, where retail and corporate banking services are offered. These include deposit accounts, loans, mortgages, and investment options, primarily serving customers throughout Germany. The banks domain, targobank.de, supports online access to these services. Focus is maintained on standard banking activities without emphasis on specialized niches.

TARGOBANK's top competitors include SVB, Scotiabank and Deutsche Bank.

TARGOBANK offers Online-Kredit, Girokonto, Kreditkarte, and Tagesgeldkonto.

TARGOBANK has made 1 acquisition, including Oldenburgische Landesbank.

TARGOBANK has 1 investor. Key investors include ABANCA.

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