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Company profile: First Internet Bancorp

1.1 - Company Overview

First Internet Bancorp Logo

First Internet Bancorp

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of nationwide, branchless online banking via First Internet Bank of Indiana, offering consumer, small business, and commercial banking services. Products include checking accounts, consumer lending (personal loans and mortgages), and commercial lending.

Products and services

  • Online Banking Services: First Internet Bank delivers an FDIC-insured online banking system for consumers, small businesses, and commercial clients, offering a branchless model accessed entirely through its digital platform
  • Commercial Lending: First Internet Bank supplies commercial lending products that cater to businesses’ diverse financial needs via its online platform, featuring nationwide access for firms seeking credit
  • Consumer Lending: First Internet Bank offers consumer lending components—personal loans and mortgages—accessible through its branchless online platform, enabling borrowers to apply and manage credit digitally

Key contacts

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Financial details

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1.2 - Competitors and similar companies to First Internet Bancorp

Empyrean Solutions Logo

Empyrean Solutions

HQ: United States Website
  • Description: Provider of balance sheet management software and services, including implementation, training, and consulting. Offerings include Empyrean ALM for cash flow, forecasting, and simulation; Liquidity Stress Testing; Deposit Analytics; Funds Transfer Pricing; Capital Planning & Stress Testing; and a CECL Calculator, designed for ease of use and fast calculations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Empyrean Solutions company profile →
Doconomy Logo

Doconomy

HQ: Sweden Website
  • Description: Provider of Sweden-based fintech digital banking services that enable sustainable lifestyles, offering Impact Transactions to convert and categorize transactions into CO2e impact, Impact Activity for lifestyle-based carbon footprint assessment and improvement, Impact Education for tools to reduce climate footprint, and Impact Finance, a savings solution linking financial well-being with sustainable behaviors and templates for green investments.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Doconomy company profile →
NCR Logo

NCR

HQ: United States Website
  • Description: Provider of consumer transaction technologies and self-service and assisted-service solutions that enable businesses to connect, interact and transact with customers across financial services, retail, hospitality, travel, gaming, entertainment, telecom and technology industries. Offerings include NCR Voyix and NCR Atleos, distinct companies formed from NCR Corporation that focus on consumer transaction technologies.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full NCR company profile →
Brismo Logo

Brismo

HQ: United Kingdom Website
  • Description: Provider of lending performance data and standardized metrics to assess and compare loan performance, enabling originators to create credible performance metrics and investors to deploy capital more productively and cost effectively. Covers SME, consumer, real estate, and receivables, and offers industry-specific performance benchmarks.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Brismo company profile →
Joust Logo

Joust

HQ: United States Website
  • Description: Provider of merchant services and business banking for the self-employed, delivered via a chartered, FDIC-insured community bank (nbkc) and PayArmour, a proprietary invoice factoring service, with technology powered by Q2 and StoneCastle's banking-as-a-service solution.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Joust company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for First Internet Bancorp

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to First Internet Bancorp

2.2 - Growth funds investing in similar companies to First Internet Bancorp

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4 - Top valuation comps for First Internet Bancorp

4.2 - Public trading comparable groups for First Internet Bancorp

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4.3 - M&A Transactions similar to First Internet Bancorp

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About First Internet Bancorp

What does First Internet Bancorp do?

First Internet Bancorp is a provider of nationwide, branchless online banking via First Internet Bank of Indiana, offering consumer, small business, and commercial banking services. Products include checking accounts, consumer lending (personal loans and mortgages), and commercial lending.

Who are First Internet Bancorp's competitors?

First Internet Bancorp's competitors and similar companies include Empyrean Solutions, Doconomy, NCR, Brismo, and Joust.

Where is First Internet Bancorp headquartered?

First Internet Bancorp is headquartered in United States.

How many employees does First Internet Bancorp have?

First Internet Bancorp has 1,000 employees 🔒.

When was First Internet Bancorp founded?

First Internet Bancorp was founded in 2010 🔒.

What sector and industry vertical is First Internet Bancorp in?

First Internet Bancorp is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for First Internet Bancorp

Who are the top strategic acquirers in First Internet Bancorp's sector and industry

Top strategic M&A buyers and acquirers in First Internet Bancorp's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for First Internet Bancorp?

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Financial Investors investing in First Internet Bancorp's sector and industry vertical

Which are the top PE firms investing in First Internet Bancorp's sector and industry vertical?

Top PE firms investing in First Internet Bancorp's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in First Internet Bancorp's sector and industry vertical?

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Who are the top growth equity funds investing in companies in First Internet Bancorp's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to First Internet Bancorp include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in First Internet Bancorp's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for First Internet Bancorp?

The key public trading comparables and valuation benchmarks for First Internet Bancorp include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for First Internet Bancorp for public valuation benchmarks?

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What are recent M&A transactions in First Internet Bancorp's sector and industry vertical?

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What are recent capital raises and funding rounds in First Internet Bancorp's' sector and industry vertical?

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