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AMP - About the company

AMP is an acquired company based in Sydney (Australia), founded in 1849. It operates as a Commercial bank. AMP has raised $900K in funding. The company has 6911 active competitors, including 191 funded and 1444 that have exited. Its top competitors include companies like Truist, Bank of America and Citi.

Company Details

AMP is a commercial bank & wealth management company. Offers solutions and services such as financial advice, investment management, banking, superannuation, self-managed superannuation funds (SMSFs), life insurance, retirement income and investing. Their clientele includes individuals and businesses in Asia, the Middle East, Europe, the United Kingdom, and North America. In 2017, the company recorded revenues of $11.8B, and a net profit of $848M. In 2019, the company recorded annual revenues of $15.3B, and a net loss of $1.7B.
Social
XFacebook
Email ID
*****@amp.com.au
Phone Number
+61 **********
Registered Address
PYEWIPE FARM REDBOURNE ROAD,WADDINGHAM,GAINSBOROUGH,LINCOLNSHIRE,ENGLAND,DN21 4TG
Key Metrics
Founded Year
1849
Location
Sydney, Australia
Stage
Acquired
Total Funding
$900K in 3 rounds
Latest Funding Round
Ranked
Employee Count
5,023 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Ares Management (Mar 29, 2021)

AMP's acquisition details

AMP got acquired by Ares Management on Mar 29, 2021 at an acquisition amount of $*****.
Click here to take a look at AMP's acquisition in detail
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AMP's funding and investors

AMP has raised a total funding of $900K over 3 rounds. Its first funding round was on Mar 12, 2012. AMP has 4 institutional investors.

Here is the list of recent funding rounds of AMP:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 2019
4972399
Post IPO
5053331
5810436
2421248
2850599
Mar 2015
4228181
Conventional Debt
3443108
4029523
2720277
6060849
Mar 12, 2012
7522182
Unattributed
3971466
5603295
8549283
2538528
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AMP's founders and board of directors

Founder? Claim Profile

AMP's employee count trend

AMP has 5,023 employees as of Jul 26. Here is AMP's employee count trend over the years:
Employee count trend for AMP
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AMP's Competitors and alternates

Top competitors of AMP include Truist, Bank of America and Citi. Here is the list of Top 10 competitors of AMP, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Truist
Truist
1872, Charlotte (United States), Acquired
Commercial Bank that also provides other wealth management services
$900K
78/100
2nd
Logo for Bank of America
Bank of America
1998, Charlotte (United States), Public
Commercial bank and asset management firm
-
78/100
3rd
Logo for Citi
Citi
1812, New York City (United States), Public
Provider of financial services including banking, markets, international, and wealth management
-
78/100
4th
Logo for KeyBank
KeyBank
1849, Cleveland (United States), Public
Provider of personal banking, small business, and wealth management services
-
77/100
5th
Logo for Scotiabank
Scotiabank
1832, Toronto (Canada), Public
Commercial bank
-
75/100
6th
Logo for Capital One
Capital One
1988, Mclean (United States), Public
Provider of loans, credit cards, and savings services
-
75/100
7th
Logo for United Bank for Africa
United Bank for Africa
1949, Lagos (Nigeria), Public
Commercial bank
$7M
75/100
8th
Logo for Citizens Bank
Citizens Bank
1828, Providence (United States), Public
Commercial bank
-
74/100
9th
Logo for J P Morgan
J P Morgan
1799, New York City (United States), Public
Provider of financial services for corporations and individuals
-
74/100
10th
Logo for Charles Schwab
Charles Schwab
1971, El Paso (United States), Public
Commercial bank
-
73/100
30th
Logo for AMP
AMP
1849, Sydney (Australia), Acquired
Commercial bank
$900K
66/100
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AMP's Investments and acquisitions

AMP has made 3 investments in companies including Employment Hero and Voxon. AMP has also acquired 1 companies including Justsuper.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 14, 2016
Investments
2014
Sydney (Australia)
Jul 16, 2015
Acquisition
2004
Glen Waverley (Australia)
Nov 26, 2014
Investments
2012
Adelaide (Australia)
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News related to AMP

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Media has covered AMP for a total of 12 events in the last 1 year, 2 of them have been about company updates.
AMP delivers 33% profit jumpFinancial StandardAug 06, 2026AMP
Wealth Manager's Profit Offers Good NewsThe West AustralianFeb 12, 2026AMP
AMP launches new series of fundsFinancial StandardDec 08, 2025AMP
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