Chase Bank - About the company
Chase Bank is an acquired company based in Nairobi (Kenya), founded in 2010. It operates as a Commercial bank. Chase Bank has raised $10.5M in funding. The company has 35 active competitors, including 12 that have exited. Its top competitors include companies like Scotiabank, Sidian Bank and Family Bank.
Company Details
- Website
- chasebankkenya.co.ke
- Phone Number
- +254 **********
Key Metrics
Founded Year
2010
Location
Nairobi, Kenya
Stage
Acquired
Total Funding
$10.5M in 3 rounds
Latest Funding Round
Investors
Ranked
13th among 35 active competitors
Employee Count
668 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by State Bank of Mauritius (Aug 21, 2018)
Chase Bank's acquisition details
Chase Bank got acquired by State Bank of Mauritius on Aug 21, 2018 at an acquisition amount of $*****.
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Chase Bank's funding and investors
Chase Bank has raised a total funding of $10.5M over 3 rounds. Its first funding round was on Mar 06, 2013. Its latest funding round was a Conventional Debt round on Dec 09, 2015 for $*****. 1 investor participated in its latest round. Chase Bank has 5 institutional investors.
Here is the list of recent funding rounds of Chase Bank:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 09, 2015 | 8355962 | Conventional Debt | 5579943 | 7422469 | 3024783 | 6033061 |
Sep 29, 2014 | 8148227 | Conventional Debt | 7737966 | 3265526 | 6322511 | |
Mar 06, 2013 | 9138378 | Series A | 7310314 | 1585097 | 9019810 |
View details of Chase Bank's funding rounds and investors
Chase Bank's founders and board of directors
Founder? Claim ProfileChase Bank's employee count trend
Chase Bank has 668 employees as of Aug 26. Here is Chase Bank's employee count trend over the years:
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Chase Bank's Competitors and alternates
Top competitors of Chase Bank include Scotiabank, Sidian Bank and Family Bank. Here is the list of Top 10 competitors of Chase Bank, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Scotiabank 1832, Toronto (Canada), Public | Commercial bank | - | 70/100 | |
2nd | Sidian Bank 1984, Nairobi (Kenya), Acquired | Commercial bank | $11.9M | 66/100 | |
3rd | Family Bank 1984, Nairobi (Kenya), Late Stage | Commercial bank | $2.67M | 63/100 | |
4th | Stanbic Bank 2004, Nairobi (Kenya), Funding Raised | Commercial bank with international presence | - | 60/100 | |
5th | National Bank 1968, Nairobi (Kenya), Acquired | Commercial bank | - | - | 58/100 |
6th | Commercial bank | - | - | 57/100 | |
7th | Diamond Trust Bank 1945, Nairobi (Kenya), Funding Raised | Commercial bank | - | 57/100 | |
8th | African Banking Corporation 1984, Nairobi (Kenya), Unfunded | Commercial bank | - | - | 55/100 |
9th | Commercial bank | $50M | 50/100 | ||
10th | Prime Bank 1992, Nairobi (Kenya), Deadpooled | Commercial bank | $49.7M | 46/100 | |
13th | Chase Bank 2010, Nairobi (Kenya), Acquired | Commercial bank | $10.5M | 44/100 |
Looking for more details on Chase Bank's competitors? Click here to see the top ones
Chase Bank's Investments and acquisitions
Chase Bank has made no investments or acquisitions yet.
Reports related to Chase Bank
Here is the latest report on Chase Bank's sector:
News related to Chase Bank
•
Chase Bank owner SBM raises mobile wallet transfer feesTelecompaper•Sep 18, 2018•SBM Bank, Chase Bank
•
SBM To Inject Additional 60 Million Dollars Into Chase Bank KenyaSoko Directory•Aug 21, 2018•Chase Bank, State Bank of Mauritius
•
CBK approves SBM’s acquisition of Chase Bank AssetsKenyan Wall Street•Jan 08, 2018•Chase Bank, State Bank of Mauritius, Centralbank
•
GCPF In $30mn Green Lending Agreement With Chase Bank KenyaCapital Digital Media•Dec 09, 2015•Global Climate Partnership Fund, Chase Bank
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