ila bank - About the company
ila bank is an unfunded company based in Bahrain, founded in 2019. It operates as a Digital bank for consumers. ila bank has not raised any funding yet. The company has 369 active competitors, including 6 funded and 17 that have exited. Its top competitors include companies like Bancorp, TBC Bank and Cake by VPBank.
Company Details
Ila Bank is a digital bank for consumers. It is a digital subsidiary of Bank ABC. It offers services such as savings account, prepaid cards for online/offline purchases, money transfers, cash withdrawal, and more. It also enables users to enable biometric ID via the app. App is available on iOS and Android devices.
- Website
- ilabank.com
- Email ID
- *****@ilabank.com
- Phone Number
- +973 **********
Key Metrics
Founded Year
2019
Location
Stage
Unfunded
Ranked
3rd among 369 active competitors
Employee Count
92 as on Jul 01, 2024
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ila bank's funding and investors
ila bank has not raised any funding rounds yet.
ila bank's founders and board of directors
Founder? Claim Profileila bank's employee count trend
ila bank has 92 employees as of Jul 24. Here is ila bank's employee count trend over the years:
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ila bank's Competitors and alternates
Top competitors of ila bank include Bancorp, TBC Bank and Cake by VPBank. Here is the list of Top 10 competitors of ila bank, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bancorp 2000, Wilmington (United States), Public | Payment card issuing and processing solutions for businesses | - | 71/100 | |
2nd | TBC Bank 1992, Tashkent (Uzbekistan), Late Stage | Provider of online banking services, loans, and business financial solutions | $45M | 68/100 | |
3rd | Digital bank for consumers | - | - | 64/100 | |
4th | Cake by VPBank 2021, Hanoi (Vietnam), Unfunded | Digital bank for individuals | - | - | 62/100 |
5th | A direct bank that provides banking services through cafes | - | 62/100 | ||
6th | Crédit Agricole Italia 2007, Parma (Italy), Unfunded | Digital bank providing financial solutions | - | - | 61/100 |
7th | Digital bank | - | - | 60/100 | |
8th | Digital bank for individuals | - | 59/100 | ||
9th | Digital bank for individuals and businesses | - | 59/100 | ||
10th | Developer of an AI-powered technology transforming financial systems for underserved markets | $225M | 58/100 |
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ila bank's Investments and acquisitions
ila bank has made no investments or acquisitions yet.
Reports related to ila bank
Here is the latest report on ila bank's sector:
News related to ila bank
Media has covered ila bank for a total of 5 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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Bank ABC’s ila bank migrates to core banking platformFStech•Feb 06, 2026•Bank ABC, ila bank, Temenos
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Mastercard Partners with ila Bank in Bahrain to Launch Loyalty ProgramPYMNTS.com•May 28, 2025•Mastercard, ila bank
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Mastercard and ila Bank Partner to Enhance Digital Payment OfferingsFinextra•May 12, 2025•Mastercard, ila bank
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ila Bank named 'Fastest-Growing Digital Bank in MENA Central' by MastercardNewsofbahrain•Apr 04, 2024•ila bank, Mastercard
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ila Bank introduces ‘Easy Payment Plan’ feature for Credit CardholdersNewsofbahrain•Feb 15, 2024•ila bank
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