KeyBank

KeyBank

Offers banking products and financial services

About KeyBank

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

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Massachusetts

Founded

1824

Overview

KeyBank provides a variety of financial services, including personal and business banking, credit cards, mortgages, and loans. The company caters to individual consumers, small businesses, and commercial clients throughout the United States. KeyBank's approach focuses on offering customized financial solutions to address the specific needs of its clients. It earns revenue primarily through interest from loans, fees for banking services, and commissions on financial products. Additionally, KeyBank prioritizes financial wellness by providing tools and resources that help clients manage their finances effectively. The goal of KeyBank is to support clients in reaching their financial objectives, whether that involves purchasing a home, consolidating debt, or planning for their financial future.

Simplify Jobs

Simplify's Take

What believers are saying

  • Scotiabank's investment strengthens KeyBank's financial stability and market access.
  • KeyBank's $450 million credit facility supports growth-stage private credit expansion.
  • Investment in AI-based Zentist software positions KeyBank in niche markets.

What critics are saying

  • Increased competition from AI-powered services could erode KeyBank's market share.
  • Scotiabank's investment may influence KeyBank's corporate strategy and operations.
  • Involvement in multiple credit facilities exposes KeyBank to higher credit risk.

What makes KeyBank unique

  • KeyBank offers a comprehensive suite of financial services across the U.S.
  • The company emphasizes financial wellness with tools to help clients manage finances effectively.
  • KeyBank's strategic investments in AI enhance service offerings and operational efficiency.

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Funding

Total Funding

$3300M

Above

Industry Average

Funded Over

1 Rounds

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

Benefits

Medical, dental, & vision

Wellness Programs

Fitness Reimbursement

Alternative Work Schedules

PTO

Parental Leave

401(k) Savings Plan

Discounted Stock Purchase Plan

Tuition Reimbursement

Company News

Business Wire
Mar 20th, 2025
Liquidity Closes up to $450 Million additional Credit Facility, dedicated to North American Market, anchored by KeyBank

Liquidity, the global multibillion dollar AUM asset manager specializing in growth-stage private credit, today announced the closing of a structured credit f...

Newswire
Dec 27th, 2024
Scotiabank Completes Additional Investment in KeyCorp

/CNW/ - Scotiabank announced today that following regulatory approval from the Board of Governors of the Federal Reserve System, it has completed its...

Business Wire
Sep 25th, 2024
UJET Raises a Total of $76 Million in Series D Funding to Accelerate Generative AI Innovation for Contact Centers

UJET, Inc., a leading provider of AI-powered cloud contact center solutions, today announced it has closed its latest round of funding led by Sapphire

PYMNTS
Sep 11th, 2024
KeyBank Invests In AI-Based Zentist Software For Dental Support Organizations | PYMNTS.com

Cleveland-based KeyCorp, the parent company of KeyBank, has announced a strategic relationship and minority investment with Zentist, a provider of

Business Wire
Sep 3rd, 2024
Zeta Announces Successful Completion of Debt Refinancing

Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today announced that it has successfully closed a $550 million loan facility to refinance it

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