Access bank
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 34.1m | 37.5m | 60.8m | 84.1m | 108m | (16.8m) | 220m |
% growth | - | 10 % | 62 % | 38 % | 28 % | (116 %) | (1415 %) |
Profit | 4.4m | 7.4m | 25.8m | 35.7m | 47.7m | (50.1m) | 91.7m |
% profit margin | 13 % | 20 % | 42 % | 43 % | 44 % | 299 % | 42 % |
EV / revenue | -1.1x | -1.4x | -0.4x | -1.2x | -1.1x | 10.1x | -0.1x |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
N/A | Post IPO Equity | ||
* | $10.0m | Debt | |
* | $163m | Post IPO Debt | |
$50.0m | Post IPO Debt | ||
* | $280m | Post IPO Debt | |
* | $300m | Post IPO Debt | |
* | $20.0m | Post IPO Debt | |
* | $839k | Post IPO Equity | |
* | $75.0m | Post IPO Debt | |
* | N/A | $230m | Post IPO Equity |
* | $295m | Post IPO Debt | |
Total Funding | - |
Recent News about Access bank
EditAccess Bank PLC is a leading financial institution providing comprehensive banking services across Africa. The bank operates in multiple countries including Nigeria, D.R Congo, Gambia, Ghana, Rwanda, United Kingdom, and Zambia. Access Bank serves a diverse range of clients including individuals, entrepreneurs, companies, job applicants, and journalists. The bank's core business model revolves around offering borderless banking solutions, making it easier and faster to send and receive money across Africa through its AccessAfrica platform. Additionally, the bank provides various financial services such as investment opportunities, ATM services, online banking, and customer support. Access Bank generates revenue through transaction fees, interest on loans, and other financial services. The bank is committed to sustainable banking practices and has received numerous awards for its services.
Keywords: borderless banking, financial services, Africa, money transfers, investment, ATM services, online banking, sustainable banking, customer support, revenue generation.