Stanbic IBTC Bank

Stanbic IBTC Bank

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Investment Firm

Overview

Stanbic IBTC Bank offers all our clients a wide range of personal and commercial banking products through over 180 branches spread across every state in Nigeria and our online banking platforms. Stanbic IBTC Bank offers current, savings, and domiciliary accounts; personal loans, vehicle and asset finance; MasterCard debit cards, Visa credit cards; home loans; internet banking; small and medium scale enterprise (SME) loans and the award-winning *909# MobileMoney. We cater for both individuals and businesses through carefully designed retail and business banking products. We also offer self-service channels powered by sophisticated technology to bring convenient banking to customers. Stanbic IBTC Bank clients can also get custodial services through Stanbic Nominees Nigeria Limited, our custody arm and non-pension asset custodian, acting in a nominee capacity for clients’ transactions in securities and other investments. They are a key player in financial inclusion and are poised to take banking to the doorsteps of their customers; taking care of the banking needs of different categories of persons and businesses.

Highlights

Founded

2012

Industry

Financial Services

Employees

1001-5000

Investment

5

Lead Investment

0

Exits

1

Stages

Seed

Investor Type

Investment Bank

Location

Africa

Contact Information

Social

Profile Resume

Stanbic IBTC Bank, established in 2012 and headquartered in Africa., specializes in Seed investments across Mobile, Telecommunications, Wireless, Delivery Service, Financial Services, Finance, Banking, Retail, Small and Medium Businesses, FinTech. The organization boasts a portfolio of 5 investments, with an average round size of $113.8M and 1 successful exits. Their recent investments include MTN Group, Standard Chartered Bank, Citibank, Absa Bank Kenya, M-KOPA. The highest investment round they participated in was $35.5B. Among their most notable exits are MTN Group and Standard Chartered Bank. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Shuaib Audu

Shuaib Audu

Executive Director

Investment portfolio

Stanbic IBTC Bank has made 5 investments. Their most recent investment was on Feb 02, 2021, when ANOH Gas Processing Company raised $260.0M.

investments

5

Diversity investments

0

Lead investments

0

Number of exits

1

Investments

5

Annouced DateOrganization NameIndustryMoney Raised
May 30, 2016
MTN Group MTN Group
Mobile114.0M
Oct 10, 2017
M-KOPA M-KOPA
Financial Services80.0M
Feb 02, 2021
ANOH Gas Processing Company ANOH Gas Processing Company
Energy260.0M
Jun 14, 2022
onafriq onafriq
Financial Servicesnull

Exits

1

Funding Timeline

Funding rounds

5

Investors

1

Funds

0

Funding Rounds

5

Stanbic IBTC Bank has raised 5 rounds. Their latest funding was raised on Jun 14, 2022 from a Debt Financing - onafriq round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
May 30, 2016
Post-IPO Debt - MTN Group Post-IPO Debt - MTN Group
-114.0M-
Oct 10, 2017
Debt Financing - M-KOPA Debt Financing - M-KOPA
-80.0M-
Feb 02, 2021
Debt Financing - ANOH Gas Processing Company Debt Financing - ANOH Gas Processing Company
-260.0M-
Jun 14, 2022
Debt Financing - onafriq Debt Financing - onafriq
-0-

Investors

1

Stanbic IBTC Bank is funded by 1 investor(s). British International Investment Kantor is the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
British International Investment British International Investment
No
Debt Financing - Stanbic IBTC Bank
75.0M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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