Wealth One Bank of Canada

Toronto, Canada Founded: 2016 • Age: 10 yrs Acquired By Globalive Capital
Commercial bank

About Wealth One Bank of Canada

Wealth One Bank of Canada is a company based in Toronto (Canada) founded in 2016 was acquired by Globalive Capital in February 2024.. Wealth One Bank of Canada operates in a competitive market with competitors including Investec, BMO, Equitable Bank, Scotiabank and Bank of America, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Globalive Capital

    (Feb 09, 2024)

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People of Wealth One Bank of Canada
Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Barry Ferguson
Chief Operating Officer
People
Enrique Alejandro Suarez Moran
Compliance And Anti- Money Laundering Officer
People
James Page
Director, Banking Operations
People
Michael Koshan
Chief Financial Officer

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Funding Insights of Wealth One Bank of Canada

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

Investors in Wealth One Bank of Canada

Wealth One Bank of Canada has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Globalive Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital is provided to Canadian tech and offline companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wealth One Bank of Canada

Investments
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

Financial Statements - Wealth One Bank of Canada

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Wealth One Bank Of Canada Comparisons

Employees
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Competitors of Wealth One Bank of Canada

Wealth One Bank of Canada 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 Investec, BMO, Equitable Bank, Scotiabank and Bank of America, 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
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
BMO is recognized as a leading financial services provider in Canada.
domain founded_year HQ Location
Commercial banking services are provided throughout Canada.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
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 Wealth One Bank Of Canada

Frequently Asked Questions about Wealth One Bank of Canada

When was Wealth One Bank of Canada founded?

Wealth One Bank of Canada was founded in 2016.

Where is Wealth One Bank of Canada located?

Wealth One Bank of Canada is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

What does Wealth One Bank of Canada do?

Wealth One Bank of Canada, established in 2016 and currently in Acquired stage, focuses on offering financial products and advice, banks, and commercial banks. Commercial bank. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Wealth One Bank of Canada?

Wealth One Bank of Canada's top competitors include Investec, Canadian Imperial Bank of Commerce and Scotiabank.

Who are Wealth One Bank of Canada's investors?

Wealth One Bank of Canada has 1 investor. Key investors include Globalive Capital.

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