Bank Redemption Overview
- Year Founded
-
2022
- Status
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Private
- Employees
-
18
- Latest Deal Type
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Early Stage VC
- Investors
-
2
Bank Redemption General Information
Description
Operator of a financial services platform designed to expand access to capital. The company's platform offers a fully tech-enabled, concierge approach in partnership with other minority depository institutions and a major mortgage lending platform, leveraging technology to provide a comprehensive suite of banking services, enabling relationship-oriented consumers and business owners, particularly people of color, to expand access to capital.
Contact Information
Website
www.bankredemption.comCorporate Office
- 2020 East Murray Holladay Road
- Suite 310
- Holladay, UT 84117
- United States
Corporate Office
- 2020 East Murray Holladay Road
- Suite 310
- Holladay, UT 84117
- United States
Bank Redemption Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 1. Early Stage VC | 01-Jul-2025 | Completed | Generating Revenue |
Bank Redemption Signals
Bank Redemption Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Black Mountain Investment Group | Asset Manager | Minority | ||
| Angel (individual) | Minority |
Bank Redemption Acquisitions (1)
Bank Redemption’s most recent deal was a Merger/Acquisition with Holladay Bank & Trust. The deal was made on 28-Feb-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Holladay Bank & Trust | 28-Feb-2023 | Merger/Acquisition | Regional Banks |
Bank Redemption FAQs
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When was Bank Redemption founded?
Bank Redemption was founded in 2022.
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Where is Bank Redemption headquartered?
Bank Redemption is headquartered in Holladay, UT.
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What is the size of Bank Redemption?
Bank Redemption has 18 total employees.
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What industry is Bank Redemption in?
Bank Redemption’s primary industry is Holding Companies.
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Is Bank Redemption a private or public company?
Bank Redemption is a Private company.
-
What is Bank Redemption’s current revenue?
The current revenue for Bank Redemption is .
-
Who are Bank Redemption’s investors?
Black Mountain Investment Group and have invested in Bank Redemption.
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