About Varengold Bank
Varengold Bank is a company based in Hamburg (Germany) founded in 1995.. Varengold Bank offers products and services including Marketplace Banking, Commercial Banking, and Tagesgeld & Festgeld. Varengold Bank operates in a competitive market with competitors including UniCredit, SVB, Scotiabank, Bank of America and Deutsche Bank, among others.
- Headquarter Hamburg, Germany
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Varengold Bank Ag
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Annual Revenue
$67.88 M (USD)0as on Dec 31, 2024
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Net Profit
$-1.64 M (USD)0as on Dec 31, 2024
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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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.
Products & Services of Varengold Bank
Varengold Bank offers a comprehensive portfolio of products and services, including Marketplace Banking, Commercial Banking, and Tagesgeld & Festgeld. 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.
Platform for business transactions and financial access
Services for corporate lending and financial management
Options for savings and time deposits with competitive rates
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Funding Insights of Varengold Bank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2017 | Amount | Post-IPO - Varengold Bank | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Varengold 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 - Varengold 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 |
Varengold Bank Comparisons
Competitors of Varengold Bank
Varengold 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 UniCredit, SVB, Scotiabank, Bank of America and Deutsche 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 bank
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Banking services are provided to innovative companies, investors, and individuals.
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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 and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Diversified banking and financial services are provided globally.
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| domain | founded_year | HQ Location |
Commercial banking services are offered to corporate and retail clients.
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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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Latest news on Varengold Bank
Frequently Asked Questions about Varengold Bank
When was Varengold Bank founded?
Varengold Bank was founded in 1995 and raised its 1st funding round 22 years after it was founded.
Where is Varengold Bank located?
Varengold Bank is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
What is the annual revenue of Varengold Bank?
Annual revenue of Varengold Bank is $67.88M as on Dec 31, 2024.
What does Varengold Bank do?
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.
Who are the top competitors of Varengold Bank?
Varengold Bank's top competitors include SVB, Scotiabank and Deutsche Bank.
What products or services does Varengold Bank offer?
Varengold Bank offers Marketplace Banking, Commercial Banking, and Tagesgeld & Festgeld.
Is Varengold Bank publicly traded?
Yes, Varengold Bank is publicly traded on XETR under the ticker symbol VG80.
What is Varengold Bank's ticker symbol?
The ticker symbol of Varengold Bank is VG80 on XETR.