Where is Ecobank located?

Ecobank is headquartered in Lome, Togo.

Who is the current CEO of Ecobank?

Ade Ayeyemi and Albert Essien s of Ecobank. Albert Essien is also an angel investors in 1 startup.

How many employees does Ecobank have?

As of Aug 31, 2026, the latest employee count at Ecobank is 2768.

Is Ecobank a funded company?

Ecobank is a funded company, having raised a total of $7.05M across 12 funding rounds to date. The company's 1st funding round was a $***** Post IPO round.

When was the latest funding round of Ecobank?

Ecobank's latest funding was a $***** Conventional Debt round on Mar 12, 2024, with participation from 2 investors.

Where does Ecobank rank among its competitors?

Ecobank ranks 1st amongst 8 active competitors, none of which are funded.

Who are the top competitors of Ecobank?

Ecobank's top competitors include Scotiabank, Orabank and Kreissparkasse Biberach. Among them, Scotiabank secured the most recent funding round in January, 2025.

Ecobank - 2026 Company Profile, Team, Funding & Competitors

Ecobank is a public company based in Lome (Togo), founded in 1985 by Gervais Koffi Djondo and Adeyemi Lawson. It operates as a Commercial bank. Ecobank has raised $7.05M in funding. The company has 8 active competitors, including 2 that have exited. Its top competitors include companies like Scotiabank, Orabank and Kreissparkasse Biberach.

Company Details

Website: ecobank.com
Social
Email ID: *****@ecobank.com
Phone Number: +228 **********

Key Metrics

Founded Year

1985

Location

Lome, Togo

Stage

Public

Total Funding

$7.05M in 12 rounds

Latest Funding Round

Conventional Debt, Mar 12, 2024, $*****

Investors

IFC Asset Management Company & 19 more

Ranked

1^st among 8 active competitors

Employee Count

2,768 as on Aug 31, 2026

Investment & Acquisitions

Mogo & 7 more

Similar Companies

Standard Chartered & 20420 more

Exit Details

Public

View Ecobank's full profile

Ecobank got listed on Sep 11, 2006.

Click here to take a look at Ecobank's IPO in detail

Ecobank has raised a total funding of $7.05M over 12 rounds. Its latest funding round was a Conventional Debt round on Mar 12, 2024 for $*****. 2 investors participated in its latest round. Ecobank has 20 institutional investors.

Here is the list of recent funding rounds of Ecobank:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 12, 2024	9088227	Conventional Debt	4100997	2128068	8620071	5325297
Sep 06, 2021	4147600	Post IPO	1489519	1289774	8903487	Arise
Apr 14, 2019	8671136	Conventional Debt	7333791	5220813	4833045	5739024

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View details of Ecobank's funding rounds and investors

The founders of Ecobank are Gervais Koffi Djondo and Adeyemi Lawson. Albert Essien and Ade Ayeyemi are the CEOs of Ecobank.

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

Gervais Koffi Djondo: Former Co-Founder of Ecobank.
Contact Info: 1 email address
Adeyemi Lawson: Co-Founder of Ecobank.
Contact Info: 1 email address
Ade Ayeyemi: Co-CEO of Ecobank.
Contact Info: 1 email address
Albert Essien: Co-CEO of Ecobank. They are also an angel investor in 1 startup.
Contact Info: 2 email addresses

View details of Ecobank's Founder profiles and Board Members

Ecobank's employee count trend

Ecobank has 2,768 employees as of Aug 26. Here is Ecobank's employee count trend over the years:

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Top competitors of Ecobank include Scotiabank, Orabank and Kreissparkasse Biberach. Here is the list of Top 10 competitors of Ecobank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ecobank 1985, Lome (Togo), Public	Commercial bank	$7.05M	IFC Asset Management Company, Proparco & 18 others	72/100
2nd	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
3rd	Orabank 1988, Cotonou (Benin), Funding Raised	Commercial bank	-	GuarantCo, ECP & 3 others	50/100
4th	Kreissparkasse Biberach 1853, Biberach (Germany), Unfunded	Commercial bank	-	-	36/100
5th	Boatogo 2013, Lome (Togo), Unfunded	Provider of banking services including accounts, loans, transfers, and digital banking	-	-	22/100
6th	The ECOWAS Bank for Investment and Development 1975, Lome (Togo), Deadpooled	Commercial bank	-	-	17/100
7th	Union Togolaise de Banque Lome (Togo), Unfunded	Provider of financial services including personal banking and mortgage lending	-	-	16/100
8th	Union Togolaise 1964, Lome (Togo), Unfunded	Provider of personal banking accounts and small business financial services	-	-	16/100
9th	Access Confiance Lome (Togo), Unfunded	Provider of banking services including accounts loans mortgages and insurance	-	-	16/100
10th	Fidelity Bank 1988, Lome (Togo), Deadpooled	Commercial bank	-	-	15/100

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Looking for more details on Ecobank's competitors? Click here to see the top ones

Ecobank has made 6 investments in companies including Mogo and Meya Mining. Ecobank has also acquired 2 companies including Oceanic Bank and Oceanic Bank.

Here is the list of investments & acquisitions:

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