KeyCorp

KeyCorp

Full-service commercial and investment banking

About KeyCorp

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

Industries

Fintech

Financial Services

Company Size

10,001+

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1825

Overview

KeyCorp provides a range of financial services, including commercial, corporate, and investment banking, primarily targeting middle market clients in specific industries. Their services include corporate and investment banking products, commercial mortgage finance, equipment finance, public finance, and commercial payments. KeyCorp stands out from its competitors by offering a combination of industry expertise and tailored capital markets solutions, allowing them to meet the unique needs of their clients effectively. The company's goal is to deliver comprehensive financial solutions that help their clients succeed in their respective markets.

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased use of AI in fraud detection improves KeyCorp's security measures.
  • Collaboration with FinTechs provides KeyCorp with comprehensive financial management tools for SMBs.
  • Voice-activated technology integration offers KeyCorp a competitive edge in convenient banking solutions.

What critics are saying

  • Digital fraud risk is heightened with increased reliance on digital platforms.
  • Voice-assisted purchases expose KeyCorp to new fraud and security vulnerabilities.
  • Integration with Bill.com may pose service disruption risks for KeyCorp.

What makes KeyCorp unique

  • KeyCorp leverages machine learning to combat push-payment fraud effectively.
  • KeyBank's partnership with Bill.com enhances its online banking solutions for businesses.
  • KeyCorp is adopting biometric authentication to enhance security and reduce fraud.

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Funding

Total Funding

$52M

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

Remote Work Options

Performance Bonus

Stock Price

Company News

Business Wire
Jun 13th, 2025
Scale Microgrids Surpasses $1 Billion in Project Financing with Latest Close

Scale Microgrids, a vertically-integrated distributed energy company, has closed $275 million in new project financing, bringing their total financing raised...

American Banker
Jun 2nd, 2025
KeyBank Invests in Qolo Partnership

KeyBank has expanded its partnership with Qolo, an omnichannel card and payment fintech, by making a minority investment. This announcement was made at the American Banker's Digital Banking conference in Boca Raton, Florida.

ELFA
Apr 8th, 2025
Key Equipment Finance refinancing for The Dutra Group

Together with our member companies, ELFA is advancing initiatives to support diversity, equity and inclusion in everything we do.

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...

Power Technology
Feb 27th, 2025
SMT Energy secures $135m for battery storage

SMT Energy has secured $135 million for its 160MW/320MWh battery storage project in Houston, Texas. The project, supported by Macquarie Group and KeyBanc Capital Markets, includes a $100 million project financing facility. Macquarie also provided a preferred equity investment and will sell $62 million in investment tax credits. FlexGen Power Systems will supply equipment and software, with operations starting in Q2 2026. The facility will support the ERCOT grid, powering 8,800 homes annually.

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