When was BancABC founded?

BancABC was founded in 1956 and raised its 1st funding round 56 years after it was founded.

Where is BancABC located?

BancABC is headquartered in Gaborone, Botswana.

How many employees does BancABC have?

As of Sep 30, 2026, the latest employee count at BancABC is 883.

Is BancABC a funded company?

BancABC is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Feb 06, 2012.

When was the latest funding round of BancABC?

BancABC's latest funding was a $***** Conventional Debt round on Apr 09, 2014, with participation from 1 investor.

Where does BancABC rank among its competitors?

BancABC ranks 1596th amongst 7105 active competitors, of which 199 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Citi, which secured $165M in May, 2025.

Who are the top competitors of BancABC?

BancABC's top competitors include Truist, Citi and KeyBank. Among them, Citi secured the most recent funding round in May, 2025.

BancABC - 2026 Company Profile, Team, Funding & Competitors

Q: Is BancABC an acquired company?

BancABC got acquired by Atlas Mara on Aug 21, 2014.

BancABC is an acquired company based in Gaborone (Botswana), founded in 1956. It operates as a Commercial bank. BancABC has raised an undisclosed amount in funding. The company has 7105 active competitors, including 199 funded and 1446 that have exited. Its top competitors include companies like Truist, Citi and KeyBank.

Company Details

Commercial bank. They offer diverse range of financial services such as asset management, stockbroking and treasury services, investor relation, wealth management, and investment advisory services.

Website: bancabc.com
Social
Email ID: *****@bancabc.com
Phone Number: +267 **********
Part Of

Key Metrics

Founded Year

1956

Location

Gaborone, Botswana

Stage

Acquired

Latest Funding Round

Conventional Debt, Apr 09, 2014, $*****

Investors

IFC & 2 more

Ranked

1596^th among 7105 active competitors

Employee Count

883 as on Sep 30, 2026

Similar Companies

Standard Chartered & 20420 more

Exit Details

Acquired by Atlas Mara (Aug 21, 2014)

View BancABC's full profile

BancABC got acquired by Atlas Mara on Aug 21, 2014 at an acquisition amount of $*****.

Click here to take a look at BancABC's acquisition in detail

BancABC has raised funding over 2 rounds. Its first funding round was on Feb 06, 2012. Its latest funding round was a Conventional Debt round on Apr 09, 2014 for $*****. 1 investor participated in its latest round. BancABC has 3 institutional investors.

Here is the list of recent funding rounds of BancABC:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 09, 2014	9887906	Conventional Debt	7751290	6577726	9429373	5984905
Feb 06, 2012	7745865	Conventional Debt	4506465	5551955	5025895	IFC

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View details of BancABC's funding rounds and investors

BancABC's employee count trend

BancABC has 883 employees as of Sep 26. Here is BancABC's employee count trend over the years:

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Top competitors of BancABC include Truist, Citi and KeyBank. Here is the list of Top 10 competitors of BancABC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Truist 1872, Charlotte (United States), Acquired	Commercial Bank that also provides other wealth management services	$900K	SJF Ventures, Bay Capital Investment Partners ... & 5 others	78/100
2nd	Citi 1812, New York City (United States), Public	Provider of financial services including banking, markets, international, and wealth management	-	Berkshire Hathaway, B Capital Fund & 6 others	78/100
3rd	KeyBank 1849, Cleveland (United States), Public	Provider of personal banking, small business, and wealth management services	-	Patriot Financial Partners, CIVC Partners ... & 4 others	77/100
4th	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	76/100
5th	United Bank for Africa 1949, Lagos (Nigeria), Public	Commercial bank	$7M	Heirs Holdings, Musa Capital & 1 others	75/100
6th	Capital One 1988, Mclean (United States), Public	Provider of loans, credit cards, and savings services	-	Four Rivers, Catapult & 1 others	75/100
7th	Huntington National Bank 1866, Shelton (United States), Public	Commercial bank	-	NuWave Investment Management	74/100
8th	First National Bank 1864, Pittsburgh (United States), Public	Commercial bank	$56.3M	Patriot Financial Partners, Stone Point Capital	74/100
9th	Charles Schwab 1971, El Paso (United States), Public	Commercial bank	-	AirTree, Benson Family Private Equity & 2 others	73/100
10th	United Community Bank 1950, Blairsville (United States), Acquired	Provider of personal and business banking, mortgage, and wealth management services	$490M	Corsair Capital, Patriot Financial Partners ... & 1 others	73/100
1596th	BancABC 1956, Gaborone (Botswana), Acquired	Commercial bank	-	IFC, Africa Agriculture and Trade Investment Fund ... & 1 others	35/100