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Scotiabank company logo
Bank
FINANCE | Retail Banking
scotiabank.com

Investments

46

Portfolio Exits

10

Partners & Customers

10

About Scotiabank

Scotiabank offers personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

Headquarters Location

44 King Street West

Toronto, Ontario, M5H 1H1,

Canada

+1 416 866 3672

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CB Insights Intelligence Analysts have mentioned Scotiabank in 1 CB Insights research brief, most recently on Nov 3, 2021.

Latest Scotiabank News

Scotiabank sees gen AI potential via citizen coders

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.

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Scotiabank Investments Activity

investments chart

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

2

1/18/2023

Line of Credit - II

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$99M

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10

12/26/2022

Loan

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$99M

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10

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

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Amount

$576.68M

$53M

$825M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

5

1

2

10

10

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

$99M

2

10/1/2021

Acquired

$99M

1

11/19/2020

Acquired

$99M

10

8/17/2020

Acquired

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$99M

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10

6/22/2020

Divestiture

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$99M

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10

Date

1/27/2022

10/1/2021

11/19/2020

8/17/2020

6/22/2020

Exit

Merger

Acquired

Acquired

Acquired

Divestiture

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

2

1

10

10

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

$99M

Acquired

2

7/19/2018

$99M

Corporate Majority

1

5/31/2018

$99M

Acquired

3

5/10/2018

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$99M

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10

5/1/2018

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$99M

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10

Date

8/14/2018

7/19/2018

5/31/2018

5/10/2018

5/1/2018

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

Corporate Majority

Acquired

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Sources

2

1

3

10

10

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

10:55 ET Scotiabank and Xero join forces to support Canada's small businesses with automatic bank feeds

`` 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

Bank of Nova Scotia : MD Financial Management Inc. and Scotiabank team up with the Canadian Association of Physicians with Disabilities to support physicians in all stages of their career

`` 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

United States

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10

1/31/2023

Partner

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10

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

United States

News Snippet

10:55 ET Scotiabank and Xero join forces to support Canada's small businesses with automatic bank feeds

`` 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 .

Bank of Nova Scotia : MD Financial Management Inc. and Scotiabank team up with the Canadian Association of Physicians with Disabilities to support physicians in all stages of their career

`` 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 .

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Sources

4

1

1

10

10

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

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Name

Laurent Mareschal

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Work History

The Group Ventures

Title

Senior Vice President

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Status

Current

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Compare Scotiabank to Competitors

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Homewise

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P
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N
Nesto

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Multi-Prets

Multi-Prets is a Canadian mortgage broker operating in Quebec.

F
First National Financial Corporation

First National Financial Corporation provides mortgage services. It offers commercial and residential mortgages and brokerage services. The residential segment includes single-family residential mortgages. The commercial segment includes multi-unit residential and commercial mortgages. It provides underwriting and fulfillment processing services to two mortgage originators using the mortgage broker distribution channel. The company was founded in 1988 and is based in Toronto, Canada.

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