Citigroup

Citigroup

Global financial services and banking solutions

About Citigroup

Simplify's Rating
Why Citigroup is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1812

Overview

Citigroup provides a variety of financial services to individuals, businesses, and governments around the world. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to facilitate cross-border transactions and serve a diverse clientele. Citigroup's products work by leveraging its extensive global network and technology to provide efficient banking solutions, generating revenue through interest on loans, service fees, trading, and investment management. What sets Citigroup apart from its competitors is its strong focus on sustainability and social responsibility, as demonstrated by its investments in environmental, social, and governance (ESG) initiatives. The company's goal is to create a positive financial and social impact while achieving growth and profitability.

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's $850 million debt syndicate for Danaos strengthens its maritime financing position.
  • Investment in Validis enhances Citi's business lending through automated data standardization.
  • Citi's $50 million social financing for Colombian SMEs boosts its Latin American presence.

What critics are saying

  • Emerging fintechs like Nammu21 challenge Citi's traditional loan processing models.
  • Proxymity's tech advancements pressure Citi to improve its investor communication offerings.
  • Blockchain trade finance platforms like Contour may disrupt Citi's traditional operations.

What makes Citigroup unique

  • Citi operates in over 160 countries, offering a vast global network.
  • Citi's commitment to ESG initiatives sets it apart in sustainability efforts.
  • Citi's diverse client base includes consumers, corporations, and government entities.

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Funding

Total Funding

$9772M

Above

Industry Average

Funded Over

3 Rounds

Secondary funding comparison data is currently unavailable. We're working to provide this information soon!
Secondary Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

-5%
Finance Director Europe
Mar 18th, 2025
Nammu21 announces strategic investments from Nasdaq Ventures, State Street, and UBS

With fully automated technology, Nammu21 streamlines loan operations, improves productivity by eliminating the inefficiencies of manual inputs across legacy operating systems

The Asset
Feb 27th, 2025
Citigroup leads US$850 million debt syndicate for Danaos

New York-listed Danaos Corporation has signed a syndicated loan amounting to US$850 million for the financing of 14 containerships being built in Chinese yards.

FF News
Feb 20th, 2025
Capital on Tap Secures £750 Million in Landmark Funding Facilities to Accelerate Small Business Growth

Capital on Tap has secured major funding facilities for its card totalling £750 million to fuel expansion and support for small businesses

FF News
Feb 11th, 2025
Proxymity Secures $26M Funding Boost

Proxymity has secured $26 million in additional growth funding from existing investors, including BNP Paribas, BNY, Citi, Clearstream, Computershare, J.P. Morgan, and State Street. This funding supports Proxymity's innovative technology in proxy voting and shareholder communications. The capital will enhance technology and support geographic expansion. Investors express confidence in Proxymity's potential and its impact on transparency and efficiency in investor communications.

Capital Riesgo
Jan 22nd, 2025
Anaconda BioMed secures €3.6M investment

In December, Innvierte, promoted by CDTI Innovación, invested €171 million in 16 co-investments and two investment vehicles. Notably, Anaconda BioMed received a €3.6 million commitment from CDTI Innovación, alongside other investors, to enhance its advanced catheter systems for ischemic stroke treatment. Additionally, CDTI committed €10 million to Oncomatryx Biopharma and €1.734 million to Payload Aerospace.

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