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Westpac - About the company

Westpac is an acquired company based in Sydney (Australia), founded in 1817. It operates as a Commercial bank. Westpac has raised an undisclosed amount in funding. The company has 84 active competitors, including 17 that have exited. Its top competitors include companies like Bank of America, Macquarie and AN Support Services India Private Limited.

Company Details

Commercial bank. It is an Australian bank and financial services provider with a broad range of banking and financial services, which includes retail, business, and institutional banking and wealth management services. It offers its services to individuals, corporations, businesses, institutional banking and wealth management services.
Social
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Email ID
*****@westpac.com.au
Phone Number
+61 **********
Registered Address
New York, New York
Key Metrics
Founded Year
1817
Location
Sydney, Australia
Stage
Acquired
Ranked
Employee Count
16,108 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Arch Capital Group (Aug 31, 2021)

Westpac's acquisition details

Westpac got acquired by Arch Capital Group on Aug 31, 2021.
Click here to take a look at Westpac's acquisition in detail
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Westpac's funding and investors

Westpac has raised funding over 1 round. Westpac has 9 institutional investors.

Here is the list of recent funding rounds of Westpac:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 2016
7761614
Conventional Debt
1720796
7693941
6625223
2273853
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Westpac's founders and board of directors

Founder? Claim Profile

Westpac's employee count trend

Westpac has 16,108 employees as of Mar 26. Here is Westpac's employee count trend over the years:
Employee count trend for Westpac
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Westpac's Competitors and alternates

Top competitors of Westpac include Bank of America, Macquarie and AN Support Services India Private Limited. Here is the list of Top 10 competitors of Westpac, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bank of America
Bank of America
1998, Charlotte (United States), Public
Commercial bank and asset management firm
-
76/100
2nd
Logo for Macquarie
Macquarie
1969, Sydney (Australia), Public
Provider of financial services including asset management, banking, and market advisory
-
73/100
3rd
Provider of banking services including loans credit cards and accounts
-
72/100
4th
Logo for National Australia Bank
National Australia Bank
1981, Melbourne (Australia), Public
Commercial bank for consumers and businesses
-
72/100
5th
Logo for CommBank
CommBank
1912, Sydney (Australia), Public
Commercial bank
-
71/100
6th
Logo for Scotiabank
Scotiabank
1832, Toronto (Canada), Public
Commercial bank
-
70/100
7th
Logo for Westpac
Westpac
1817, Sydney (Australia), Acquired
Commercial bank
-
69/100
8th
Logo for Bankwest
Bankwest
1895, Perth (Australia), Acquired
Private sector commercial bank
-
-
61/100
9th
Logo for Bendigo Bank
Bendigo Bank
1858, Bendigo (Australia), Public
Commercial bank
-
61/100
10th
Logo for St.George Bank
St.George Bank
1937, Sydney (Australia), Acquired
Commercial Bank
-
-
60/100
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Westpac's Investments and acquisitions

Westpac has made 35 investments in companies including Akaysha and ACEN Australia. Westpac has also acquired 5 companies including MoneyBrilliant and MoneyBrilliant.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 09, 2025
Investments
2021
Melbourne (Australia)
Apr 14, 2025
Investments
2016
Hobart (Australia)
Feb 04, 2025
Investments
2013
Sydney (Australia)
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See all investments and acquisitions by Westpac

Reports related to Westpac

Here is the latest report on Westpac's sector:

News related to Westpac

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Media has covered Westpac for a total of 81 events in the last 1 year, 43 of them have been about company updates and 6 about partnerships.
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FAQs about Westpac

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