When was Banistmo founded?

Banistmo was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Where is Banistmo located?

Banistmo is headquartered in Panama City, Panama.

How many employees does Banistmo have?

As of Aug 31, 2026, the latest employee count at Banistmo is 2057.

Is Banistmo a funded company?

Banistmo is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Aug 02, 2019.

When was the latest funding round of Banistmo?

Banistmo's latest funding was a $***** Conventional Debt round on Oct 15, 2020, with participation from 0 investor.

Where does Banistmo rank among its competitors?

Banistmo ranks 2nd amongst 29 active competitors, none of which are funded.

Who are the top competitors of Banistmo?

Banistmo's top competitors include Scotiabank, Caja de Ahorros and Banco General. Among them, Scotiabank secured the most recent funding round in January, 2025.

Banistmo - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: www.banistmo.com/personas
Social
Phone Number: +507 **********

Key Metrics

Founded Year

2013

Location

Panama City, Panama

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Oct 15, 2020, $*****

Investors

IDB Invest

Ranked

2^nd among 29 active competitors

Employee Count

2,057 as on Aug 31, 2026

Investment & Acquisitions

bancoaliado.com

Similar Companies

Standard Chartered & 20423 more

View Banistmo's full profile

Banistmo has raised funding over 3 rounds. Its first funding round was on Aug 02, 2019. Banistmo has 1 institutional investor.

Here is the list of recent funding rounds of Banistmo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 15, 2020	7039201	Conventional Debt	9568973	9459719	1627249	7671045
Aug 06, 2020	8079868	Conventional Debt	5284602	7345851	7466221	5126298
Aug 02, 2019	5931638	Conventional Debt	9573328	2900300	1253246	IDB Invest

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View details of Banistmo's funding rounds and investors

The founders of Banistmo is Rugiere Galvez Marcucci.

Here are the details of Banistmo's key team members:

Rugiere Galvez Marcucci: Co-Founder and VP of Finance of Banistmo.

View details of Banistmo's Founder profiles and Board Members

Banistmo's employee count trend

Banistmo has 2,057 employees as of Aug 26. Here is Banistmo's employee count trend over the years:

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Top competitors of Banistmo include Scotiabank, Caja de Ahorros and Banco General. Here is the list of Top 10 competitors of Banistmo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
2nd	Banistmo 2013, Panama City (Panama), Funding Raised	Commercial bank	-	IDB Invest	57/100
3rd	Caja de Ahorros 1934, Panama City (Panama), Unfunded	Commercial bank	-	-	55/100
4th	Banco General 1955, Panama City (Panama), Unfunded	Commercial bank	-	-	51/100
5th	Multibank 1990, Panama (Panama), Acquired	Commercial bank	-	HSBC, Sumitomo Mitsui Banking Corporation ... & 2 others	46/100
6th	St. Georges Bank 2002, Panama City (Panama), Unfunded	Commercial bank	-	-	45/100
7th	Banco Nacional 1911, Panama (Panama), Funding Raised	Commercial bank	-	-	44/100
8th	Banesco 2007, Panama City (Panama), Unfunded	Financial services provider offering banking solutions to businesses and individuals	-	-	39/100
9th	Global Bank 1994, Panama City (Panama), Funding Raised	Commercial bank	-	Citi, IDB Invest & 3 others	37/100
10th	American Bank 1947, Livingston (United States), Unfunded	Montana-owned bank offering personal and business banking, lending, and resources	-	-	36/100