
Investments
46Portfolio Exits
10Partners & Customers
10
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Nov 3, 2021
Is Quantum Computing The Next Banking Arms Race?Latest Scotiabank News
Sep 22, 2023
| Bank Automation News No products in the cart. Gartner predicts 80% of tech products to be created by non-tech professionals AI development has traditionally been reserved for specific coders with advanced training, but with generative AI, financial institutions can look to citizen coders. According to research and advisory group Gartner, citizen developers, or citizen coders, are employees of a company, in this case bank, that innovate outside of the traditional IT setting. Gartner stated in […] Remember Me THIS WEBSITE USES COOKIES We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I CONSENT”, you consent to the use of ALL the cookies. . Privacy Overview This website uses cookies to improve your experience while you navigate through the website. 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Scotiabank Investments
46 Investments
Scotiabank has made 46 investments. Their latest investment was in Atlas Edge as part of their Debt on April 4, 2023.

Scotiabank Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/25/2023 | Debt | Atlas Edge | $576.68M | Yes | 5 | |
3/24/2023 | Debt | Quavii | $53M | Yes | 1 | |
3/10/2023 | Line of Credit | Ascenty | $825M | Yes | Banco MUFG Brasil, Credit Agricole, Itau Unibanco, Mizuho Bank, Natixis, Scotiabank, and Undisclosed Investors | 2 |
1/18/2023 | Line of Credit - II | |||||
12/26/2022 | Loan |
Date | 4/25/2023 | 3/24/2023 | 3/10/2023 | 1/18/2023 | 12/26/2022 |
---|---|---|---|---|---|
Round | Debt | Debt | Line of Credit | Line of Credit - II | Loan |
Company | Atlas Edge | Quavii | Ascenty | ||
Amount | $576.68M | $53M | $825M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Banco MUFG Brasil, Credit Agricole, Itau Unibanco, Mizuho Bank, Natixis, Scotiabank, and Undisclosed Investors | ||||
Sources | 5 | 1 | 2 |
Scotiabank Portfolio Exits
10 Portfolio Exits
Scotiabank has 10 portfolio exits. Their latest portfolio exit was Zinobe on January 27, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/27/2022 | Merger | 2 | |||
10/1/2021 | Acquired | 1 | |||
11/19/2020 | Acquired | 10 | |||
Scotiabank Acquisitions
10 Acquisitions
Scotiabank acquired 10 companies. Their latest acquisition was Banco Dominicano del Progreso on August 14, 2018.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
8/14/2018 | Acquired | 2 | ||||
7/19/2018 | Corporate Majority | 1 | ||||
5/31/2018 | Acquired | 3 | ||||
5/10/2018 | ||||||
5/1/2018 |
Date | 8/14/2018 | 7/19/2018 | 5/31/2018 | 5/10/2018 | 5/1/2018 |
---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Corporate Majority | Acquired | ||
Sources | 2 | 1 | 3 |
Scotiabank Partners & Customers
10 Partners and customers
Scotiabank has 10 strategic partners and customers. Scotiabank recently partnered with Xero on July 7, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
7/12/2023 | Partner | New Zealand | `` Integration with Scotiabank will offer new value for Xero customers in Canada , providing small business owners access to insights that will enable them to make fast and informed business decisions , '' said Chris O'Neill , Chief Growth Officer , Xero . | 4 | |
5/12/2023 | Partner | Canada | `` CAPD is pleased to join in this new relationship with Scotiabank and MD Financial Management Inc. , '' said CAPD President Dr. Franco Rizzuti . | 1 | |
2/8/2023 | Partner | Scotiabank and TAJ partner for digital payments Scotiabank and TAJ partner for digital payments . | 1 | ||
1/31/2023 | Partner | ||||
1/31/2023 | Partner |
Date | 7/12/2023 | 5/12/2023 | 2/8/2023 | 1/31/2023 | 1/31/2023 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | New Zealand | Canada | |||
News Snippet | `` Integration with Scotiabank will offer new value for Xero customers in Canada , providing small business owners access to insights that will enable them to make fast and informed business decisions , '' said Chris O'Neill , Chief Growth Officer , Xero . | `` CAPD is pleased to join in this new relationship with Scotiabank and MD Financial Management Inc. , '' said CAPD President Dr. Franco Rizzuti . | Scotiabank and TAJ partner for digital payments Scotiabank and TAJ partner for digital payments . | ||
Sources | 4 | 1 | 1 |
Scotiabank Team
40 Team Members
Scotiabank has 40 team members, including current Senior Vice President, Laurent Mareschal.
Name | Work History | Title | Status |
---|---|---|---|
Laurent Mareschal | The Group Ventures | Senior Vice President | Current |
Name | Laurent Mareschal | ||||
---|---|---|---|---|---|
Work History | The Group Ventures | ||||
Title | Senior Vice President | ||||
Status | Current |
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