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Banks Sector

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About Banks

There are 27.9K companies in the Banks sector across the world, with 2.61K funded companies having collectively raised $274B in venture capital money and private equity. Overall 3.02K of these are Series A+ funded and the sector has seen the creation of 2 Unicorns.
Banks sector has seen 1.42K acquisitions and 1.18K IPOs. This represents almost 9.3% of all such companies - which is higher than the 4.9% exit rate of tech companies in general.
This sector includes companies that are licensed to offer core banking services such as bank accounts, deposits, and loans to individuals and institutions.
Banks sector is also known as Consumer bank or Consumer Banks.

Companies included in Banks sector

All banking institutions including universal banks, special purpose banks, and co-operative or mutual banks including building societies, credit unions, savings banks, savings and loan associations among others

Companies excluded in Banks sector

All financial institutions that are not licensed to operate as a bank including lending NBFIs, investment banks, export-import banks among others
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions
Also known as
Consumer bank or Consumer Banks

Market Map of Banks

The market map of Banks gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.
Recent BlueBox/Industry Definition image of Banks

Reports related to Banks

Here are some reports related to Banks sector:
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Top Companies in Banks

There are more than 27.9K companies in Banks. Slice is the top Banks company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Banks companies globally:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Provider of credit card and banking services with digital account access
Guwahati (India)
2015
Series C
$342M
Commercial bank
Toronto (Canada)
1817
Public
-
Commercial bank
2010
Public
$564M
Provider of corporate, investment, wealth, and retail banking services
1853
Public
-
Microfinance bank
Bengaluru (India)
1999
Public
$814M
Get a longer list of companies

Companies founded year-on-year in the Banks sector

1 new startup has been founded so far in 2026 in the Banks sector. 1,267 Banks startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Banks sector2026202520242023202220212020201920182017Founded Year03006009001,2001,500Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
1
2025
36
2024
351
2023
590
2022
371
2021
411
2020
1,267
2019
838
2018
442
2017
265

Companies founded across countries in the Banks sector

United States has 13,547 Banks startups, the most by any country, followed by United Kingdom which has 1,531 startups and Germany which has 1,410.

Companies founded across countries in the Banks sectorUnited S...United K...GermanyIndiaCanadaNigeriaRussiaChinaSwitzerl...Australi...Countries03,0006,0009,00012,00015,000Count of Number of Companies
  • Total Number of Companies
Country
No. of companies
United States
13,547
United Kingdom
1,531
Germany
1,410
India
1,233
Canada
400
Nigeria
375
Russia
262
China
248
Switzerland
244
Australia
205

Stage-wise distribution of the Banks sector

Out of the total 27,908 Banks companies, 2,606 have secured funding. Among them, 3,017 have reached Series A or higher, and 2,800 to Series B or beyond.

Founded - 27,908
Funded - 2,606
Series A+ - 3,017
Series B+ - 2,800
Series C+ - 2,736
Company Stage
No. of companies
Founded
27,908
Funded
2,606
Series A+
3,017
Series B+
2,800
Series C+
2,736
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  • 27.9K+ Total Companies
  • $274B+ Total Funding
  • 2.6K+ Funded Companies
  • 1.2K+ IPOs
  • 1.4K+ Acquisitions
  • 15+ Reports

Top Investors in Banks

Treasury is the top investor in Banks companies based on number of companies invested.
Here are some top investors in Banks:
See a more detailed list of investors

M&A activity in Banks

In the year 2026, till March 2026, 17 acquisitions happened in Banks sector. Last year, in 2025, a total of 79 acquisitions happened in Banks sector.
Here are some recent, important acquisitions in Banks:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Mar 31, 2026
Business Acquisition
Mar 28, 2026
Business Acquisition
Mar 23, 2026
Business Acquisition
Mar 20, 2026
Business Acquisition
Mar 13, 2026
See a more detailed list of acquisitions

Acquisition trends in Banks

Here are the acquisition trends in Banks:

Acquisition trends in Banks2026202520242023202220212020201920182017Acquisition Round Date (Yearly)04080120160200Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
17
2025
79
2024
88
2023
57
2022
134
2021
135
2020
88
2019
164
2018
179
2017
152

IPOs in Banks

In the year 2026, till March 2026, 1 IPO happened in Banks sector.
Here are some recent, important IPOs in Banks:
Company
IPO Date
Exchange Symbol
Mar 05, 2026
Korea Exchange (KRX)
Dec 19, 2025
Korea Exchange (KRX)
Dec 17, 2025
Tokyo Stock Exchange (TYO)
Dec 04, 2025
National Association of Securities Dealers Automated Quotations (NASDAQ)
Nov 20, 2025
National Association of Securities Dealers Automated Quotations (NASDAQ)
See a more detailed list of IPOs

Top News in Banks

Liberty Bank plans Boston loan officeHartford Business JournalMar 27, 2026Liberty Bank
View all Banks Top News

FAQs about Banks sector

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