When was Islandsbanki founded?

Islandsbanki was founded in 2008 and raised its 1st funding round 12 years after it was founded.

Where is Islandsbanki located?

Islandsbanki is headquartered in Kopavogur, Iceland.

Who is the current CEO of Islandsbanki?

Birna Einarsdottir of Islandsbanki.

How many employees does Islandsbanki have?

As of Aug 31, 2026, the latest employee count at Islandsbanki is 783.

Is Islandsbanki a funded company?

Islandsbanki is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Sep 09, 2020.

When was the latest funding round of Islandsbanki?

Islandsbanki's latest funding was a $***** Conventional Debt round on Mar 22, 2021, with participation from 0 investor.

Where does Islandsbanki rank among its competitors?

Islandsbanki ranks 3rd amongst 10 active competitors, none of which are funded.

Who are the top competitors of Islandsbanki?

Islandsbanki's top competitors include Scotiabank, Landsbankinn and Arion banki. Among them, Scotiabank secured the most recent funding round in January, 2025.

Islandsbanki - 2026 Company Profile, Team, Funding & Competitors

Islandsbanki is a funded company based in Kopavogur (Iceland), founded in 2008. It operates as a Commercial banks. Islandsbanki has raised an undisclosed amount in funding. The company has 10 active competitors, including 3 that have exited. Its top competitors include companies like Scotiabank, Landsbankinn and Arion banki.

Company Details

Website: www.islandsbanki.is/
Social
Email ID: *****@islandsbanki.is
Phone Number: +354 **********

Key Metrics

Founded Year

2008

Location

Kopavogur, Iceland

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Mar 22, 2021, $*****

Ranked

3^rd among 10 active competitors

Employee Count

783 as on Aug 31, 2026

Investment & Acquisitions

Milence & 3 more

Similar Companies

Standard Chartered & 20419 more

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Islandsbanki has raised funding over 4 rounds. Its first funding round was on Sep 09, 2020.

Here is the list of recent funding rounds of Islandsbanki:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 22, 2021	3970010	Conventional Debt	4296240	7778477	1622174	4724994
Nov 12, 2020	6791431	Conventional Debt	8064665	7294039	8478228	1651732
Oct 06, 2020	3750619	Conventional Debt	7186499	5618591	2225952	7256331

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View details of Islandsbanki's funding rounds and investors

Islandsbanki's employee count trend

Islandsbanki has 783 employees as of Aug 26. Here is Islandsbanki's employee count trend over the years:

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Top competitors of Islandsbanki include Scotiabank, Landsbankinn and Arion banki. Here is the list of Top 10 competitors of Islandsbanki, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
2nd	Landsbankinn 2008, Reykjavik (Iceland), Funding Raised	Commercial bank	-	Danske Bank, Nordea & 1 others	60/100
3rd	Islandsbanki 2008, Kopavogur (Iceland), Funding Raised	Commercial banks	-	-	55/100
4th	Arion banki 1929, Reykjavik (Iceland), Public	Commercial Bank	-	Alva Capital	53/100
5th	Kvika 1999, Reykjavik (Iceland), Funding Raised	Commercial bank	-	Dun & Bradstreet, Alva Capital	51/100
6th	Bidvest Bank 2000, Johannesburg (South Africa), Acquired	Commercial bank	-	-	42/100
7th	First Community Bank 1983, Alice (United States), Unfunded	Community bank offering personal and business banking services with local focus	-	-	36/100
8th	Kreissparkasse Biberach 1853, Biberach (Germany), Unfunded	Commercial bank	-	-	36/100
9th	Kaupthing 1982, Reykjavik (Iceland), Unfunded	Commercial bank	-	-	32/100
10th	Spar 2003, Kopavogur (Iceland), Unfunded	Commercial bank	-	-	17/100

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Islandsbanki has not made any acquisitions yet. Islandsbanki has made 4 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 06, 2026	Investments	Milence	2022	Amsterdam (Netherlands)
Mar 25, 2021	Investments	Meniga	2009	Stockholm (Sweden)
Nov 06, 2018	Investments	Meniga	2009	Stockholm (Sweden)