When was Scotiabank founded?

Scotiabank was founded in 1832 and raised its 1st funding round 193 years after it was founded.

Where is Scotiabank located?

Scotiabank is headquartered in Toronto, Canada. It is registered at UPPER GROUND FLOORDR GOPALDAS BHAWAN 28 BARAKHAMBA ROAD, Central Delhi, NEW DELHI, Delhi, India, 110001.

How many employees does Scotiabank have?

As of Apr 30, 2026, the latest employee count at Scotiabank is 92649.

Is Scotiabank a funded company?

Scotiabank is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Jan 31, 2025.

When was the latest funding round of Scotiabank?

Scotiabank's latest funding was a $***** Conventional Debt round on Jan 31, 2025, with participation from 0 investor.

Where does Scotiabank rank among its competitors?

Scotiabank ranks 17th amongst 11620 active competitors, of which 242 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Citi, which secured $165M in May, 2025.

Who are the top competitors of Scotiabank?

Scotiabank's top competitors include BMO, Standard Chartered and Societe Generale. Among them, Citi secured the most recent funding round in May, 2025.

Scotiabank - 2026 Company Profile, Funding & Competitors

Scotiabank is a public company based in Toronto (Canada), founded in 1832. It operates as a Commercial bank. Scotiabank has raised an undisclosed amount in funding. The company has 11620 active competitors, including 242 funded and 2368 that have exited. Its top competitors include companies like BMO, Standard Chartered and Societe Generale.

Company Details

In 2022, the company recorded annual revenues of $40.24B and a net profit of $6.88B.

Website: www.scotiabank.com/global/en/global-site.html
Social
Email ID: *****@scotiabank.com
Phone Number: +1 **********
Registered Address: UPPER GROUND FLOORDR GOPALDAS BHAWAN 28 BARAKHAMBA ROAD, Central Delhi, NEW DELHI, Delhi, India, 110001

Key Metrics

Founded Year

1832

Location

Toronto, Canada

Stage

Public

Latest Funding Round

Conventional Debt, Jan 31, 2025, $*****

Investors

Seaside Private Capital & 1 more

Ranked

17^th among 11620 active competitors

Employee Count

92,649 as on Apr 30, 2026

Investment & Acquisitions

MapleMark Bank & 133 more

Similar Companies

BMO & 19357 more

Exit Details

Public

View Scotiabank's full profile

Scotiabank is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Bank of Nova Scotia CIN: 134941099 , Belgium, Active		-	-	-
BANK OF NOVA SCOTIA CIN: 134941099 , United States, Active	Dec 31, 1999	-	1417 (As on Dec 31, 2024)	-
SCOTIA FINANCE PRIVATE LIMITED CIN: U65921DL1998PTC091446 , India, Dissolved (Liquidated)	Jan 01, 1998	-	-

Scotiabank got listed on May 16, 1919.

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

Scotiabank has raised funding over 1 round. Scotiabank has 2 institutional investors.

Here is the list of recent funding rounds of Scotiabank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 31, 2025	1534577	Conventional Debt	7147540	7544748	1321712	1338130

Access funding benchmarks and valuations. Sign up today!

View details of Scotiabank's funding rounds and investors

Scotiabank's employee count trend

Scotiabank has 92,649 employees as of Apr 26. Here is Scotiabank's employee count trend over the years:

Uncover Scotiabank's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Scotiabank include BMO, Standard Chartered and Societe Generale. Here is the list of Top 10 competitors of Scotiabank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BMO 1817, Toronto (Canada), Public	Commercial bank	-	PSP Investments, Hoopp & 7 others	82/100
2nd	Standard Chartered 1853, London (United Kingdom), Public	Provider of corporate, investment, wealth, and retail banking services	-	Temasek, British International Investment ... & 1 others	80/100
3rd	Societe Generale 1864, Paris (France), Acquired	Full-service corporate advisory firm	-	Matters, Europa & 4 others	78/100
4th	Truist 1872, Charlotte (United States), Acquired	Commercial Bank that also provides other wealth management services	$900K	SJF Ventures, Treasury & 5 others	78/100
5th	Barclays 1690, London (United Kingdom), Public	Diversified financial services firm	-	Qatar Investment Authority, Europa & 5 others	78/100
6th	Alpha Bank 1879, Athens (Greece), Public	Commercial bank	-	Citi, AXA & 1 others	78/100
7th	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, PSP Investments & 5 others	78/100
8th	Citi 1812, New York City (United States), Public	Provider of financial services including banking, markets, international, and wealth management	-	Berkshire Hathaway, Public Investment Fund ... & 6 others	78/100
9th	Intesa Sanpaolo 2007, Turin (Italy), Public	Provider of banking and financial services for individuals and businesses	-	Goldman Sachs, Citi & 8 others	77/100
10th	KeyBank 1849, Cleveland (United States), Public	Provider of personal banking, small business, and wealth management services	-	Freddie Mac, Patriot Financial Partners & 4 others	77/100
17th	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Colpatria, Seaside Private Capital	75/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

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

Scotiabank has made 121 investments in companies including Switch and VoltaGrid. Scotiabank has also acquired 13 companies including MapleMark Bank and Dominican Bank of Progress.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 29, 2026	Acquisition	MapleMark Bank	1909	Dallas (United States)
Apr 21, 2026	Investments	Switch	2000	Las Vegas (United States)
Nov 10, 2025	Investments	VoltaGrid	2020	Houston (United States)