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Ally - About the company

Ally is a public company based in Detroit (United States), founded in 1919. It operates as a Provider of banking, auto finance, investing, and life insurance products. Ally has raised $1.3B in funding. The company has 615 active competitors, including 14 funded and 15 that have exited. Its top competitors include companies like Monzo, Revolut and Bunq.

Company Details

Provider of banking, auto finance, investing, and life insurance products. The company provides spending and savings accounts, certificates of deposit, and investment options including self-directed trading and robo portfolios. Additionally, it facilitates auto loans through dealer services and offers corporate finance solutions. The company also focuses on supplier inclusivity and sustainability within its supply chain.
Social
XFacebook
Email ID
*****@ally.com
Phone Number
+1 **********
Registered Address
Detroit, Michigan
Key Metrics
Founded Year
1919
Location
Detroit, United States
Stage
Public
Total Funding
$1.3B in 3 rounds
Latest Funding Round
Ranked
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
14,436 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Ally's IPO details

Ally got listed on Apr 11, 2014.
Click here to take a look at Ally's IPO in detail
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Ally's funding and investors

Ally has raised a total funding of $1.3B over 3 rounds. Its first funding round was on Mar 10, 2010. Ally has 8 institutional investors.

Here is the list of recent funding rounds of Ally:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 20, 2013
7233570
PE
7725625
4385733
7456353
3946646
Aug 20, 2013
2536322
PE
5075317
9199084
3237011
6470228
Mar 10, 2010
6989905
Conventional Debt
6706678
8284186
7474191
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Ally's founders and board of directors

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Ally's employee count trend

Ally has 14,436 employees as of Sep 26. Here is Ally's employee count trend over the years:
Employee count trend for Ally
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Ally's Competitors and alternates

Top competitors of Ally include Monzo, Revolut and Bunq. Here is the list of Top 10 competitors of Ally, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Monzo
Monzo
2015, United Kingdom, Series I
Provider of digital banking services including accounts savings and credit
$2.37B
84/100
2nd
Logo for Revolut
Revolut
2015, London (United Kingdom), Series E
Provider of financial services and digital banking solutions
$1.73B
83/100
3rd
Logo for Bunq
Bunq
2012, Amsterdam (Netherlands), Series A
Provider of the digital bank for individuals and businesses
$373M
73/100
4th
Logo for Ally
Ally
1919, Detroit (United States), Public
Provider of banking, auto finance, investing, and life insurance products
$1.3B
73/100
5th
Logo for Varo
Varo
2015, San Francisco (United States), Series G
Digital bank for individuals
$1.12B
70/100
6th
Logo for Comun
Comun
2021, New York City (United States), Series A
Provider of an online platform offering retail banking solutions
$26M
69/100
7th
Logo for Axos Bank
Axos Bank
2000, San Diego (United States), Public
Commercial bank
-
-
69/100
8th
Logo for Kredete
Kredete
2023, New York City (United States), Series A
Provider of digital financial services including money transfer and credit building
$24.8M
66/100
9th
Logo for Lumin Digital
Lumin Digital
2016, San Ramon (United States), Series E
Provider of digital banking platform solutions for credit unions and banks
$414M
66/100
10th
Logo for First Internet Bank
First Internet Bank
1999, Indianapolis (United States), Public
Internet-first bank for the diversified category
$23.4M
-
62/100
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Ally's Investments and acquisitions

Ally has made 20 investments in companies including HopDrive and Mulberry. Ally has also acquired 7 companies including Ollo and CardWorks.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Oct 27, 2022
Investments
2017
Richmond (United States)
Oct 21, 2021
Acquisition
2016
Philadelphia (United States)
Oct 13, 2021
Investments
2018
New York City (United States)
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Reports related to Ally

Here is the latest report on Ally's sector:

News related to Ally

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Media has covered Ally for a total of 41 events in the last 1 year, 18 of them have been about company updates and 4 about partnerships.
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