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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.
Social
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Email ID
*****@discover.com
Phone Number
+1 **********
Key Metrics
Founded Year
1985
Location
Riverwoods, United States
Stage
Acquired
Ranked
Employee Count
21,100 as on Dec 31, 2023
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Capital One (Feb 19, 2024)

Discover's acquisition details

Discover got acquired by Capital One on Feb 19, 2024 at an acquisition amount of $*****.
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Discover's funding and investors

Discover has not raised any funding rounds yet.

Discover's founders and board of directors

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Discover'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:
Employee count trend for Discover
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Affirm
Affirm
2012, San Francisco (United States), Public
Provider of point of sale financing solutions for consumers and merchants
$1.22B
88/100
2nd
Logo for American Express
American Express
1850, New York City (United States), Public
Online comparison portal of financial products for individuals and businesses
-
84/100
3rd
Logo for Discover
Discover
1985, Riverwoods (United States), Acquired
Provider of banking and card payment network
-
-
77/100
4th
Logo for Jaja
Jaja
2016, London (United Kingdom), Acquired
Credit card issuing and processing solutions
$60.8M
74/100
5th
Logo for Atlanticus Holdings
Atlanticus Holdings
1996, Atlanta (United States), Public
Provider of credit cards for individuals and businesses
-
67/100
6th
Logo for Barclaycard
Barclaycard
1966, London (United Kingdom), Unfunded
Credit card for individuals
-
-
59/100
7th
Logo for NewDay
NewDay
2000, London (United Kingdom), Acquired
Consumer credit financial services
$43.4M
56/100
8th
Logo for Coign
Coign
2022, Washington, DC (United States), Series B
Credit cards for individuals focused on conservatives
$13.7M
-
56/100
9th
Logo for Mbna
Mbna
1993, Wrexham (United Kingdom), Acquired
Co-branded credit card provider
-
-
56/100
10th
Logo for Credit One Bank
Credit One Bank
1984, Las Vegas (United States), Funding Raised
Provider of credit card issuing services
-
56/100
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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:lockFilter 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)
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Reports related to Discover

Here is the latest report on Discover's sector:

News related to Discover

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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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FAQs about Discover

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