# Bank of London

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bank-of-london

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.thebankoflondon.com
- Total disclosed funding: $130M
- Latest round: Series C (Feb 8, 2023)
- Investors on record: 3

## About

Based in the UK, The Bank of London Group Limited provides innovative banking solutions to businesses, focusing on efficient financial management and secure transactions.The Bank of London specializes in offering banking services tailored for businesses. Founded in 2021 by Anthony Watson in London, UK, the firm has successfully completed 3 deals. In August 2024, the company secured GBP 42 million in funding led by Mangrove Capital Partners, bringing the total amount raised to GBP 42 million.The Bank of London offers a comprehensive suite of banking solutions tailored for businesses, including Payments, Clearing & Settlement, Corporate & Commercial Banking, Embedded Banking, and Deposits-as-a-Service. These services streamline financial transactions and enhance cash flow management for a diverse clientele, primarily in the UK, Singapore, and Malaysia.In the most recent financial year 2023, The Bank of London reported a revenue of GBP 1,753.9 mn, with an EBITDA of GBP -15,422.3.Following the GBP 42 million investment in August 2024, The Bank of London plans to leverage this funding to enhance growth, onboard new clients, and expand its services. The company is focused on developing new products aimed at enhancing its service offerings and is looking to enter new geographic markets, although specific regions and timelines for these expansions have not been disclosed.

## Funding rounds

- Series C, Feb 8, 2023, $40M — Mangrove Capital Partners, 14W Ventures, ForgeLight
- Series C, Nov 30, 2021, $90M — Mangrove Capital Partners, 14W Ventures, ForgeLight

## Investors

- Mangrove Capital Partners (https://capitalatlas.ai/funds/mangrove-capital-partners) — Series C
- 14W Ventures (https://capitalatlas.ai/funds/14w-ventures) — Series C
- ForgeLight (https://capitalatlas.ai/funds/forgelight) — Series C