When was Westpac founded?

Westpac was founded in 1817 and raised its 1st funding round 199 years after it was founded.

Where is Westpac located?

Westpac is headquartered in Sydney, Australia. It is registered at New York, New York.

Who is the current CEO of Westpac?

Peter King and Brian Hartzer s of Westpac.

How many employees does Westpac have?

As of Mar 31, 2026, the latest employee count at Westpac is 16108.

Is Westpac a funded company?

Westpac is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Aug 2016.

When was the latest funding round of Westpac?

Westpac's latest funding was a $***** Conventional Debt round on Aug 2016, with participation from 0 investor.

Where does Westpac rank among its competitors?

Westpac ranks 3rd amongst 102 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Revolut, which secured an undisclosed amount in Nov, 2026.

Who are the top competitors of Westpac?

Westpac's top competitors include Revolut, Starling Bank and National Australia Bank. Among them, Revolut secured the most recent funding round in November, 2026.

Westpac - 2026 Company Profile, Team, Funding & Competitors

Westpac is an acquired company based in Sydney (Australia), founded in 1817 by Karan Jain and Tony Fitzpatrick. It operates as a Provider of banking services including savings accounts and home loans. Westpac has raised an undisclosed amount in funding. The company has 102 active competitors, including 3 funded and 19 that have exited. Its top competitors include companies like Revolut, Starling Bank and National Australia Bank.

Company Details

Provider of banking services including savings accounts and home loans. Financial offerings include transaction accounts, credit cards, and personal lending products. Customers access these services through digital platforms or physical branches. The institution provides tools for budgeting, debt management, and interest calculation. Savings products include goal-based accounts and term deposits. Lending options cover residential property financing and unsecured personal credit.

Website: www.westpac.com.au/
Social
Email ID: *****@westpac.com.au
Phone Number: +61 **********
Registered Address: New York, New York

Key Metrics

Founded Year

1817

Location

Sydney, Australia

Stage

Acquired

Latest Funding Round

Conventional Debt, Aug 2016, $*****

Investors

Greyrock Investments & 8 more

Ranked

3^rd among 102 active competitors

Employee Count

16,108 as on Mar 31, 2026

Investment & Acquisitions

Akaysha & 40 more

Similar Companies

Barclays & 20933 more

Exit Details

Acquired by Arch Capital Group (Aug 31, 2021)

View Westpac's full profile

Westpac is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
WESTPAC BANKING CORPORATION CIN: 986008211 , Belgium, Active	Dec 26, 999	-	36 (As on Dec 31, 2022)	-

Westpac got acquired by Arch Capital Group on Aug 31, 2021.

Click here to take a look at Westpac's acquisition in detail

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	7880051	Conventional Debt	9019374	3886431	3620426	9017567

Access funding benchmarks and valuations. Sign up today!

View details of Westpac's funding rounds and investors

The founders of Westpac are Karan Jain and Tony Fitzpatrick.

Here are the details of Westpac's key team members:

Karan Jain: Lab 23 - Founder of Westpac. They are also an angel investor in 1 startup and serve on the board of 1 company.
Tony Fitzpatrick: Co-Founder - STEM Junior Program of Westpac.
Peter King: CEO of Westpac.
Brian Hartzer: CEO of Westpac.

View details of Westpac's Founder profiles and Board Members

Westpac's employee count trend

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

Uncover Westpac'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 Westpac include Revolut, Starling Bank and National Australia Bank. 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	Revolut 2015, London (United Kingdom), Series E	Provider of financial services and digital banking solutions	$1.73B	Balderton Capital, TSG Consumer Partners ... & 152 others	83/100
2nd	Starling Bank 2014, London (United Kingdom), Series D	Provider of digital banking services including personal and business accounts	$1.01B	Merian Global Investors, Goldman Sachs & 35 others	79/100
3rd	Westpac 1817, Sydney (Australia), Acquired	Provider of banking services including savings accounts and home loans	-	Greyrock Investments, AUI & 7 others	74/100
4th	National Australia Bank 1981, Melbourne (Australia), Public	Commercial bank for consumers and businesses	-	CVC, Greyrock Investments & 5 others	73/100
5th	CommBank 1912, Sydney (Australia), Public	Commercial bank	-	AUI, Carlton Investments & 4 others	72/100
6th	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	72/100
7th	Macquarie 1969, Sydney (Australia), Public	Provider of financial services including asset management, banking, and market advisory	-	Carlton Investments, AMCIL & 10 others	69/100
8th	AN Support Services India Private Limited 1835, Melbourne (Australia), Public	Provider of banking services including loans credit cards and accounts	-	Carlton Investments	68/100
9th	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	67/100
10th	Bankwest 1895, Perth (Australia), Acquired	Private sector commercial bank	-	-	61/100

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

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

Westpac has made 36 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:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 09, 2025	Investments	Akaysha	2021	Melbourne (Australia)
Apr 14, 2025	Investments	ACEN Australia	2016	Hobart (Australia)
Feb 04, 2025	Investments	LawPath	2013	Sydney (Australia)