First NBC is a financial services, real estate, and banking startup based in the United States, founded in 2006. Acquired by Whitney Bank in April 2017, it offered personal and business banking services, including checking and savings accounts, money market accounts, certificates of deposit, IRAs, consumer and business loans, lines of credit, and trust and institutional services targeting various clients, corporations, unions, and organizations. The company also provided mortgage, online and telephone banking services.
The most recent funding was a $27.00M Private Equity Round investment by Castle Creek Partners on 29 June 2011. With a robust suite of banking and financial products, the company had established a significant presence in Louisiana and Florida.
Despite its acquisition, the growth potential and expertise in financial services showcased by First NBC presents an intriguing investment opportunity for venture capitalists seeking exposure in the banking and real estate sectors. The company's strong infrastructure, client base, and service offerings make it an interesting proposition for further investment and potential expansion.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Private Equity Round | $27.00M | 1 | Castle Creek Partners | 29 Jun 2011 |
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