Mercantil Banco - About the company
Mercantil Banco is an unfunded company based in Caracas (Venezuela), founded in 1925. It operates as a Financial institution offering a range of financial services. Mercantil Banco has not raised any funding yet. The company has 13 active competitors, including 2 that have exited. Its top competitors include companies like Scotiabank, Banesco and BBVA Provincial.
Company Details
Mercantil Banco is a financial institution with over 98 years of banking activity in Venezuela. They offer a range of services to help individuals manage their finances online. Additionally, Mercantil Banco has a presence in Panama and Switzerland, providing private banking and wealth management services.
Key Metrics
Founded Year
1925
Location
Caracas, Venezuela
Stage
Unfunded
Ranked
2nd among 13 active competitors
Employee Count
4,874 as on Jun 30, 2026
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Mercantil Banco's funding and investors
Mercantil Banco has not raised any funding rounds yet.
Mercantil Banco's founders and board of directors
Founder? Claim ProfileMercantil Banco's employee count trend
Mercantil Banco has 4,874 employees as of Jun 26. Here is Mercantil Banco's employee count trend over the years:
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Mercantil Banco's Competitors and alternates
Top competitors of Mercantil Banco include Scotiabank, Banesco and BBVA Provincial. Here is the list of Top 10 competitors of Mercantil Banco, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Scotiabank 1832, Toronto (Canada), Public | Commercial bank | - | 75/100 | |
2nd | Mercantil Banco 1925, Caracas (Venezuela), Unfunded | Financial institution offering a range of financial services | - | - | 59/100 |
3rd | Commercial Bank | - | - | 57/100 | |
4th | BBVA Provincial 1953, Caracas (Venezuela), Unfunded | Commercial bank | - | - | 45/100 |
5th | Banco de Venezuela 1890, Caracas (Venezuela), Unfunded | Commercial Bank | - | - | 43/100 |
6th | Commercial bank | - | - | 41/100 | |
7th | Banco EXTERIOR 1956, Caracas (Venezuela), Unfunded | Commercial bank | - | - | 40/100 |
8th | Commercial Bank | - | - | 40/100 | |
9th | Banco Nacional de Crédito 2002, Caracas (Venezuela), Unfunded | Company offering universal banking services, providing personalized financial solutions to individuals and businesses | - | - | 39/100 |
10th | Kreissparkasse Biberach 1853, Biberach (Germany), Unfunded | Commercial bank | - | - | 35/100 |
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Mercantil Banco's Investments and acquisitions
Mercantil Banco has made no investments or acquisitions yet.
News related to Mercantil Banco
Media has covered Mercantil Banco for 1 event in last 1 year.
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Atos helps Banco Mercantil migrate to Google CloudTelecompaper•Jan 16, 2025•Atos, Mercantil Banco, Google Cloud
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HealthFinTech and Ouro Preto create R$250 million fund in the healthcare segmentFusoes & Aquisicoes•Sep 04, 2024•Ouro Preto Investimentos, Mercantil Banco
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Banco Mercantil has a profit of R$102 million, with an annual increase of 155%Grupoglobo•Nov 08, 2023•Mercantil Banco
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Vitro’s $490 Million Term LoanGlobal Legal Chronicle•Oct 10, 2023•Cleary Gottlieb, Vitro, Mercantil Banco
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