Zag Bank

High River, Canada Founded: 2003 • Age: 23 yrs
Operates as an online-only bank.

About Zag Bank

Zag Bank is a company based in High River (Canada) founded in 2003. It operates as a B2C. Zag Bank operates in a competitive market with competitors including EQ Bank, Motive Financial, Valens Pay, Motus Bank and Saven Financial, among others.

  • Headquarter High River, Canada
  • Sectors
    Financial Services
  • 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
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Funding Insights of Zag Bank

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

Investments & Acquisitions by Zag Bank

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 - Zag Bank

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

Zag Bank Comparisons

Employees
+
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Competitors of Zag Bank

Zag 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 EQ Bank, Motive Financial, Valens Pay, Motus Bank and Saven Financial, 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
Online savings accounts and GICs are provided by EQ Bank.
domain founded_year HQ Location
Operates as a digital bank offering services from Canadian Western Bank.
domain founded_year HQ Location
Multi-currency payment and account services are provided to users.
domain founded_year HQ Location
Provides digital banking services including savings, chequing, investments, and mortgages online.
domain founded_year HQ Location
Delivers an app-based platform for managing and growing personal savings.
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 Zag Bank

Frequently Asked Questions about Zag Bank

When was Zag Bank founded?

Zag Bank was founded in 2003.

Where is Zag Bank located?

Zag Bank is headquartered in High River, Canada. It is registered at High River, Alberta, Canada.

What does Zag Bank do?

Zag Bank operates as an online-only bank, focusing on offering financial products and advice, banking, online banking, and digital banking. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Zag Bank?

Zag Bank's top competitors include EQ Bank, Valens Pay and Motive Financial.

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