Search company, investor...

Alex Bank

alex.bank

Founded Year

2018

Stage

Series C | Alive

Total Raised

$35.96M

Valuation

$0000 

Last Raised

$14.59M | 1 yr ago

About Alex Bank

Alex Bank is a digital bank that offers a variety of loan products.

Headquarters Location

Brisbane, Queensland,

Australia

Missing: Alex Bank's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Alex Bank's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Expert Collections containing Alex Bank

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Alex Bank is included in 2 Expert Collections, including Banking.

B

Banking

810 items

F

Fintech

3,540 items

Excludes US-based companies

Latest Alex Bank News

Australia’s Alex Bank lands regulatory ADI licence

Jan 3, 2023

3rd January 2023 Aussie challenger Alex Bank has landed a licence to operate as an Authorised Deposit-taking Institution (ADI) by the Australian Prudential Regulation Authority (APRA). Alex Bank lands ADI licence The bank says the news follows just 18 months after it received a restricted ADI licence. Founded in 2018 and headquartered in Brisbane, Alex Bank claims to have grown in the last two years to support over 2,500 customer accounts, opening offices in Brisbane and Sydney offering loans and savings accounts. Commenting on the licence, CEO of Alex Bank Simon Beitz says, “It represents the culmination of several years of hard work and enables Alex Bank to accept deposits and scale our business leveraging our investment in new generation technology that enables fast and efficient straight-through processing.” Having received the licence, Alex Bank says it will expand its product suite to include term deposits in its offerings. Beitz adds that the company in the past three financial years has grown its revenue by a compounding annual growth rate of 717%, claiming to be “one of Australia’s fastest growing companies”.

Alex Bank Frequently Asked Questions (FAQ)

  • When was Alex Bank founded?

    Alex Bank was founded in 2018.

  • Where is Alex Bank's headquarters?

    Alex Bank's headquarters is located at Brisbane.

  • What is Alex Bank's latest funding round?

    Alex Bank's latest funding round is Series C.

  • How much did Alex Bank raise?

    Alex Bank raised a total of $35.96M.

  • Who are the investors of Alex Bank?

    Investors of Alex Bank include SG Hiscock & Company, Washington H. Soul Pattinson and Company, Wunala Capital, Regal Funds Management, Alium Capital and 3 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.