# Bank of America

**Source:** https://www.startuphub.ai/startups/bank-of-america
**Profile type:** Startup

> A multinational investment bank and financial services holding company.

## About

Bank of America is a multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. It offers a wide array of banking, investment, and financial services to individual consumers, small and middle-market businesses, and large corporations. The bank was founded in 1904 as the Bank of Italy by Amadeo P. Giannini, initially serving immigrants and small businesses.

## Key facts

- **Slug:** bank-of-america
- **Website:** https://www.bankofamerica.com/
- **Location:** Charlotte, United States
- **Founded:** 1904-10-17
- **Operating status:** Active
- **Total funding:** $4.5B
- **Sectors / tags:** Fintech, Payments, Digital Payments, Embedded Finance, Neobank, Lending, Corporate Cards, Expense Management, Commercial Banking, Wealth Management, Investment Banking

## Frequently asked

### What does Bank of America do?

Bank of America is a multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. It offers a wide array of banking, investment, and financial services to individual consumers, small and middle-market businesses, and large corporations. The bank was founded in 1904 as the Bank of Italy by Amadeo P. Giannini, initially serving immigrants and small businesses.

### How much funding has Bank of America raised?

Bank of America has raised a total of $4.5B in funding. The most recent round on record is Debt.

### Where is Bank of America headquartered?

Bank of America is headquartered in Charlotte, United States.

### When was Bank of America founded?

Bank of America was founded in 1904.

### What industry does Bank of America operate in?

Bank of America operates in Fintech, Payments, Digital Payments, Embedded Finance, Neobank, Lending.

### What is Bank of America's revenue?

StartupHub estimates Bank of America's annual revenue at $1.2B (range $583.3M to $3.2B, 28% confidence), based on comparable companies in the sector.

### What is Bank of America's valuation?

StartupHub estimates Bank of America's effective valuation at $109.1B (range $32.6B to $290.9B, 42% confidence), based on comparable companies in the sector.

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