CFG Bank S.A.
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CFG Bank S.A. - overview
Established
1992
Location
Casablanca, -, Morocco
Primary Industry
Financial Services
About
Founded in 1992 and based in Casablanca, Morocco, CFG Bank S. A. operates as a provider of various banking services, and commercial finance solutions to professional, corporate and private clients. The company also offers mortgage loans, securities brokerage and insurance, as well as a mobile app bank system to serve its clients.
Current Investors
Africinvest, Amethis
Primary Industry
Financial Services
Sub Industries
e-Financial, Consumer Finance, Commercial Banks, Brokerages, Commercial Insurance
Website
www.cfgbank.com
Verticals
FinTech, FinTech, Mobile Apps
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
CFG Bank S.A. - timeline of key events
CFG Bank S.A. - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 153,311,000 | 175,955,000 | 238,204,000 | 322,488,000 | - | - | - |
| % Revenue Growth (YoY) | - | 14.8% | 35.4% | 35.4% | - | - | - |
| EBITDA (USD) | (28,739,000) | (73,947,000) | (13,973,000) | 50,362,000 | - | - | - |
| Operating Income (USD) | (55,215,000) | (108,140,000) | (56,753,000) | 2,149,000 | - | - | - |
| Operating Margin | (36.0%) | (61.5%) | (23.8%) | 0.7% | - | - | - |
| % EBITDA Margin | (18.7%) | (42.0%) | (5.9%) | 15.6% | - | - | - |
| NET Income (USD) | (57,434,000) | (107,601,000) | (78,335,000) | (43,120,000) | - | - | - |
| % Net Margin | (37.5%) | (61.2%) | (32.9%) | (13.4%) | - | - | - |
CFG Bank S.A. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | CFG Bank S.A. | - |
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CFG Bank S.A. - employee data
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