About WesBank
WesBank is a company based in Randburg (South Africa) founded in 1970. It operates as a B2C. WesBank operates in a competitive market with competitors including Izwe Loans, Credit Shop, Low Budget Loans, Depfin Finance and Creditors lending, among others.
- Headquarter Randburg, South Africa
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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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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Funding Insights of WesBank
| 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 WesBank
| 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 - WesBank
| 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 |
Wesbank Comparisons
Competitors of WesBank
WesBank 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 Izwe Loans, Credit Shop, Low Budget Loans, Depfin Finance and Creditors lending, 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 |
Unsecured microfinance loans are provided across African markets.
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| domain | founded_year | HQ Location |
Provides a versatile platform for personal loans and debt consolidation services.
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| domain | founded_year | HQ Location |
Provides online personal loans with rapid approval and no hidden fees.
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| domain | founded_year | HQ Location |
Delivers online services for personal and business loans.
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| domain | founded_year | HQ Location |
Delivers lending solutions tailored for consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 WesBank
When was WesBank founded?
WesBank was founded in 1970.
Where is WesBank located?
WesBank is headquartered in Randburg, South Africa. It is registered at Randburg, Gauteng, South Africa.
What does WesBank do?
WesBank operates with a B2C model, focusing on finance, banking, lending services, and digital platforms. Operates a digital hub for consumer and business loan services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of WesBank?
WesBank's top competitors include Izwe Loans, Credit Shop and Low Budget Loans.