About Top Finance Bank
Top Finance Bank is a company based in Kampala (Uganda) founded in 2012 was acquired by Salaam African Bank in August 2022.. Top Finance Bank operates in a competitive market with competitors including Scotiabank, dfcu Bank, Bank of Africa Uganda, Finance Trust and Orient Bank, among others.
- Headquarter Kampala, Uganda
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Salaam African Bank
(Aug 08, 2022)
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Funding Insights of Top Finance 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 |
Investors in Top Finance Bank
Top Finance Bank has secured backing from 1 investor. Prominent investors backing the company include Salaam Bank. 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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Salaam Bank is recognized for providing innovative banking services.
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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 Top Finance Bank
| 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 |
Financial Statements - Top Finance 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 |
Top Finance Bank Comparisons
Competitors of Top Finance Bank
Top Finance 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 Scotiabank, dfcu Bank, Bank of Africa Uganda, Finance Trust and Orient 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 |
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Uganda from Kampala base.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Uganda.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Uganda.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Kampala, Uganda.
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| domain | founded_year | HQ Location |
Commercial banking services are provided across Uganda.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Top Finance Bank
When was Top Finance Bank founded?
Top Finance Bank was founded in 2012.
Where is Top Finance Bank located?
Top Finance Bank is headquartered in Kampala, Uganda.
What does Top Finance Bank do?
Top Finance Bank was established in 2012 and is headquartered in Kampala, Uganda. Operations are focused on the commercial banking sector, where deposit accounts, loans, and payment services are managed for businesses and individuals. The bank serves the Ugandan market through its digital domain, topfinancebank.co.ug, with emphasis on local financial needs in the region. Standard regulatory compliance is maintained across all activities.
Who are the top competitors of Top Finance Bank?
Top Finance Bank's top competitors include Scotiabank, dfcu Bank and Finance Trust.
Who are Top Finance Bank's investors?
Top Finance Bank has 1 investor. Key investors include Salaam Bank.