About Varengold Bank
Varengold Bank is a publicly listed company based in Hamburg (Germany) founded in 1995. Diversified financial services are provided across multiple sectors. Its website varengold.de draws about 21 thousand monthly visits. Varengold Bank offers products and services including Marketplace Banking, Commercial Banking, and Tagesgeld & Festgeld. Its focus areas include Banks and Commercial Banks. Its legal entity is VARENGOLD BANK AG. Its competitors include Deutsche Bank, Commerzbank and ProCredit Bank.
Company details
Varengold Bank was established in 1995 and is headquartered in Hamburg, Germany. Operations are conducted in the banking and finance sector, with a focus on diversified financial services. Core activities include retail banking, investment options, and corporate financing, accessible via the domain varengold.de. The institution serves clients within Germany and maintains a presence in the European financial market, adhering to regulatory standards.
- Headquarters Hamburg, Germany
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website varengold.de/de
- Social LinkedIn Facebook YouTube
- Legal Name Varengold Bank Ag
- Annual Revenue$67.88 M (USD)as on Dec 31, 2024
- Net Profit-$1.64 M (USD)as on Dec 31, 2024
Products & Services of Varengold Bank
Varengold Bank offers a comprehensive portfolio of products and services, including Marketplace Banking, Commercial Banking, and Tagesgeld & Festgeld.
Platform for business transactions and financial access
Services for corporate lending and financial management
Options for savings and time deposits with competitive rates
Apps and channels of Varengold Bank
its YouTube channel Varengold Bank has 55 subscribers and 6 videos.
Videos from Varengold Bank
The most watched videos on Varengold Bank's YouTube channel, Varengold Bank (55 subscribers). Click a video to play it here.
More on Varengold Bank.
Funding Insights of Varengold Bank
- Total Rounds 1
All 1 funding rounds of Varengold Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | Post-IPO | – | – | – |
People of Varengold Bank
21 people are tracked at Varengold Bank (7 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
Benhard Fuhrmann | Chairman-Mgmt Board/CEO/CFO/CRO | Leadership |
Kai Friedrichs | Chief Information Officer | Leadership |
Lukas Diehl | Executive Vice President - Marketplace Banking | Leadership |
Mintcho Guentchev | General Manager, Sofia Branch | Leadership |
Bianca Stockhausen | Head Of People & Culture | Leadership |
Christian Teichmann | Head Of IT | Leadership |
Daniela Scheld | Head Of Compliance & Regulatory | Leadership |
Monika Stückler | Manager People And Culture | Team |
Irina Alaminova | Compliance Officer | Team |
Waldemar Schneider | Team Lead IT Application Development | Team |
Sara Galaleldin | Manager Marketplace Banking | Team |
Viktor Dimitrov | Senior Associate, Corporate Clients & Fintech Division | Team |
Vladimir Karavichev | Relationship Manager Corporate Clients | Team |
Mladen Bozhinov | Expert Operations And Payments | Team |
Charlotte Pankow | Manager People & Culture | Team |
Milan Khokhar | Junior Software Engineer | Team |
Dimitar Stoykov | Senior Operations And Payments Expert | Team |
Ana Boneva | Office Manager | Team |
Camilla van Mark | Compliance Officer | Team |
Paola Kock-Canipa | ESG Manager | Team |
1 more people are available in the full profile.
Complete people profiles for Varengold Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Varengold Bank
Varengold Bank is a publicly listed company on the XETR with ticker symbol VG80 in Germany, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date20 Mar 2007
- Listed onFRA: VG8
- Listed entityVarengold Bank AG
- Exchange sectorFinance
- ISINDE000A40ZUV2
- Share price2.62 EUR (+0.77% on the day) · 2026-10-14
- Market capitalisation26,111,837.00 EUR
- Price to earnings11.4
- EPS (diluted, trailing year)0.23 EUR
Financials of Varengold Bank
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 65.3M EUR | -1.6M EUR | |
| 2022 | 90.8M EUR | 9.1M EUR | |
| 2021 | 61.0M EUR | 17.2M EUR | |
| 2020 | 30.3M EUR | 1.7M EUR | |
| 2019 | 25.9M EUR | 1.6M EUR |
Detailed financial statements for Varengold Bank
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Varengold Bank
3 dated milestones of Varengold Bank across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Varengold Bank is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
Competitors of Varengold Bank
Varengold Bank has 3 listed competitors in our database. They include Deutsche Bank, Commerzbank and ProCredit Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| db.com | 1870 | Frankfurt Am Main, Germany | 500 | Diversified banking and financial services are provided globally. | ||
| commerzbank.com | 1870 | Frankfurt, Germany | 31,032 | Commercial banking services are offered to corporate and retail clients. | ||
| procreditbank.de | 1998 | Frankfurt Am Main, Germany | 67 | Commercial banking services are offered to clients in Germany. |
Detailed competitors of Varengold Bank
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Web traffic of Varengold Bank
The website of Varengold Bank (varengold.de) receives about 20.7K visits a month.
- Monthly visits20.7K
▼ 9.2% vs previous month
Websites whose visitors overlap most with Varengold Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| targobank.de | 100% | 2.7M | #12,040 | View details | |
hsbctrinkaus.de | hsbctrinkaus.de | 92% | – | ||
brokerage.comdirect.de | brokerage.comdirect.de | 86% | – | ||
| banklenz.de | 84% | View details | |||
modern-banking.de | modern-banking.de | 82% | #413,041 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Varengold Bank
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- 23 similar websites
- Audience overlap
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Related news about Varengold Bank
Complete news archive for Varengold Bank
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Frequently Asked Questions about Varengold Bank
Varengold Bank was founded in 1995 and raised its 1st funding round 22 years after it was founded.
Varengold Bank is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Annual revenue of Varengold Bank is $67.88M as on Dec 31, 2024.
Varengold Bank was established in 1995 and is headquartered in Hamburg, Germany. Operations are conducted in the banking and finance sector, with a focus on diversified financial services. Core activities include retail banking, investment options, and corporate financing, accessible via the domain varengold.de. The institution serves clients within Germany and maintains a presence in the European financial market, adhering to regulatory standards.
Varengold Bank's top competitors include Deutsche Bank, Commerzbank and ProCredit Bank.
Varengold Bank offers Marketplace Banking, Commercial Banking, and Tagesgeld & Festgeld.
Yes, Varengold Bank is publicly traded on XETR under the ticker symbol VG80.
Varengold Bank operates through Varengold Bank Ag.