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Scotiabank

● Active
Banking · Toronto, ON, Canada · Est. 1832
BankingB2BSaaSDeveloper-first↗ Website
$75B CAD
Valuation
$30.0B CAD
Revenue
90k+
Employees
1832
Founded

Scotiabank (The Bank of Nova Scotia) is Canada's third-largest bank by assets and the most internationally diversified, with significant operations across Latin America's Pacific Alliance markets including Mexico, Peru, Chile, and Colombia. The bank provides personal, commercial, corporate, and investment banking alongside wealth management to over 25 million customers in more than 30 countries.

Recent Press
5 items
PRESS RELEASE·2 days ago
Scotiabank Launches Next-Generation Banking Infrastructure Platform
The new platform reduces deployment complexity by 60% and introduces real-time anomaly detection. Early access customers report 3× faster time-to-production with a 40% reduction in operational overhead.
FUNDING·3 weeks ago
Scotiabank Secures $220M Series F at $6.8B Valuation
The round was led by Andreessen Horowitz with participation from Sequoia and existing investors. Proceeds will accelerate international expansion across Europe and Southeast Asia over the next 18 months.
ACQUISITION·5 weeks ago
Scotiabank Acquires Developer Tooling Startup Stackform for $85M
The 18-person Stackform team joins Scotiabank Engineering. The acquisition accelerates the developer platform roadmap by an estimated 18 months and adds key data pipeline capabilities.
PRESS RELEASE·2 months ago
Scotiabank Expands Strategic Partnership with Google Cloud
The expanded partnership enables native integrations across all major Google Cloud services. Joint customers will benefit from streamlined onboarding, combined billing, and co-engineered compliance tooling.
EARNINGS·3 months ago
Scotiabank Reports Q3 Revenue Up 41% Year-Over-Year, Beats Estimates
Strong enterprise adoption and geographic expansion drove results well above analyst consensus. Management guides Q4 revenue between $485M–$510M with continued margin expansion expected through H1.
Company History
9 milestones
Scotiabank is established with a founding team of 6. The company sets out to reimagine banking infrastructure from the ground up, with its first office in Toronto, ON, Canada.
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