Discover - About the company
Discover is an acquired company based in Riverwoods (United States), founded in 1985. It operates as a Provider of banking and card payment network. The company has 58 active competitors, including 14 funded and 11 that have exited. Its top competitors include companies like Affirm, American Express and Jaja.
Company Details
Provider of banking and card payment network. It offers services to consumers such as personal and student loans, credit cards, digital banking, and more. It also operates the ATM debit network and acts as a network between merchants or businesses and issuing banks for facilitating transactions.
- Website
- www.discover.com/
- Email ID
- *****@discover.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1985
Location
Riverwoods, United States
Stage
Acquired
Ranked
3rd among 58 active competitors
Employee Count
21,100 as on Dec 31, 2023
Similar Companies
Exit Details
Acquired by Capital One (Feb 19, 2024)
Legal entities associated with Discover
Discover is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Discover Financial Services CIN: 1393612 , United States, Active | Jul 24, 1960 | - | 25107 (As on Dec 31, 2017) | - |
Discover Financial Services CIN: -1393612 , Belgium, Active | - | 21100 (As on Dec 31, 2023) | - | |
DISCOVER CIN: 40103520387 , Latvia, Active | Mar 07, 2012 | $4.22K (As on Dec 31, 2022) | 1 (As on Dec 31, 2023) | - |
DINERS CLUB SERVICES PRIVATE LIMITED CIN: U74900MH2012FTC235876 , India, Active | Sep 18, 2012 | $3.93M (As on Mar 31, 2025) | - |
Discover's acquisition details
Discover got acquired by Capital One on Feb 19, 2024 at an acquisition amount of $*****.
Click here to take a look at Discover's acquisition in detail
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Discover's funding and investors
Discover has not raised any funding rounds yet.
Discover's founders and board of directors
Founder? Claim ProfileDiscover's employee count trend
Discover has 21,100 employees as of Dec 23. The total employee count is 4.0% more than what it was in Dec 22. Here is Discover's employee count trend over the years:
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Discover's Competitors and alternates
Top competitors of Discover include Affirm, American Express and Jaja. Here is the list of Top 10 competitors of Discover, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Affirm 2012, San Francisco (United States), Public | Provider of point of sale financing solutions for consumers and merchants | $1.22B | 88/100 | |
2nd | American Express 1850, New York City (United States), Public | Online comparison portal of financial products for individuals and businesses | - | 84/100 | |
3rd | Discover 1985, Riverwoods (United States), Acquired | Provider of banking and card payment network | - | - | 77/100 |
4th | Jaja 2016, London (United Kingdom), Acquired | Credit card issuing and processing solutions | $60.8M | 74/100 | |
5th | Atlanticus Holdings 1996, Atlanta (United States), Public | Provider of credit cards for individuals and businesses | - | 67/100 | |
6th | Barclaycard 1966, London (United Kingdom), Unfunded | Credit card for individuals | - | - | 59/100 |
7th | NewDay 2000, London (United Kingdom), Acquired | Consumer credit financial services | $43.4M | 56/100 | |
8th | Coign 2022, Washington, DC (United States), Series B | Credit cards for individuals focused on conservatives | $13.7M | - | 56/100 |
9th | Mbna 1993, Wrexham (United Kingdom), Acquired | Co-branded credit card provider | - | - | 56/100 |
10th | Credit One Bank 1984, Las Vegas (United States), Funding Raised | Provider of credit card issuing services | - | 56/100 |
Looking for more details on Discover's competitors? Click here to see the top ones
Discover's Investments and acquisitions
Discover has made 6 investments in companies including Finexio and Parami. Discover has also acquired 1 companies including Diners Club.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 25, 2022 | Investments | 2015 | San Mateo (United States) | |
Aug 13, 2021 | Investments | 2020 | ||
Jul 15, 2021 | Investments | 2016 | Minneapolis (United States) |
See all investments by Discover
Reports related to Discover
Here is the latest report on Discover's sector:
News related to Discover
Media has covered Discover for a total of 16 events in the last 1 year, 3 of them have been about company updates and 2 about people movement.
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Berman Tabacco Announces a Class Action Settlement Involving AmexPR Newswire•Feb 19, 2026•Berman Tabacco, American Express, Discover, Mastercard and 1 other
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Capital One's Strategic Merger Begins to Yield ResultsAktiencheck•Jan 31, 2026•Discover, Capital One, AvTech Capital
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US Congress members seek 'thorough review' of EA's $55B sale amid labor concernsEngadget•Jan 24, 2026•Affinity Partners, Silver Lake, Public Investment Fund, Electronic Arts and 2 others
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AppGate Welcomes Roger C. Hochschild, Former Discover CEO, to its BoardBusiness Wire•Oct 07, 2025•Discover, AppGate Network Security
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DCI Advisors Enters EUR400,000 Loan Deal with DiscoverShareprices•Aug 28, 2025•DCI Advisors, Discover
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Discover Done, Capital One Targets ‘Digital Experiences’PYMNTS.com•Jul 23, 2025•Capital One, Discover
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Capital One Set to Expand Banking and Card Businesses After Discover AcquisitionPYMNTS.com•Jun 27, 2025•Capital One, Discover
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