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Wells Fargo - About the company

Wells Fargo is a public company based in San Francisco (United States), founded in 1852 by and . It operates as a Provider of diverse financial services and online banking. Wells Fargo has raised an undisclosed amount in funding. The company has 6171 active competitors, including 187 funded and 1422 that have exited. Its top competitors include companies like Truist, First Republic Bank and Investec.

Company Details

Provider of diverse financial services and online banking. It offers a comprehensive suite of banking products including checking and savings accounts, certificates of deposit (CDs), credit cards, home loans, personal loans, and auto loans. The company also provides investment and wealth management services, catering to both individual and business clients. Digital banking services, including online and mobile banking platforms, facilitate convenient account management and transactions. Additional services encompass customer support, fraud reporting, and financial education resources. It also provides investment banking services.
Website
Social
Phone Number
+1
Registered Address
Wayne, Pennsylvania
Key Metrics
Founded Year
1852
Location
San Francisco, United States
Stage
Public
Latest Funding Round
Investors
Ranked
50th among
Annual Revenue
as on Oct 31, 2023
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
&
Exit Details
Public
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Wells Fargo's funding and investors

Wells Fargo has raised funding over 2 rounds. Its first funding round was on Nov 05, 2018.

Wells Fargo has 5 institutional investors including , and .

Here is the list of recent funding rounds of Wells Fargo:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Jan 2019
$5.5B
Conventional Debt
4216890
9215735
-
Nov 05, 2018
$35.7M
Post IPO
4545344
1243550
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Wells Fargo's founders and board of directors

The founders of Wells Fargo are and . is the CEO of Wells Fargo.
Here are the details of Wells Fargo's key team members:
  • : Former Co-Founder of Wells Fargo.
    Contact Info:
  • : Former Co-Founder of Wells Fargo.
    Contact Info:
View details of

Wells Fargo's employee count trend

Wells Fargo has 204,223 employees as of Dec 22. The total employee count is 13.0% lower than what it was in Dec 21. Here is Wells Fargo's employee count trend over the years:
Employee count trend for Wells Fargo
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Wells Fargo's Competitors and alternates

Top competitors of Wells Fargo include Truist, First Republic Bank and Investec. Here is the list of Top 10 competitors of Wells Fargo, ranked by ÃØÃÜÑо¿Ëù score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Truist
Truist
1872, Charlotte (United States), Acquired
Provider of wealth advisory services
$900K
SJF Ventures, CDVCAÌý&²¹³¾±è;Ìý
77/100
2nd
Logo for First Republic Bank
First Republic Bank
1985, San Francisco (United States), Acquired
Commercial bank
-
General Atlantic, GI PartnersÌý&²¹³¾±è;Ìý
75/100
3rd
Logo for Investec
Investec
2010, London (United Kingdom), Acquired
Provider of global banking, investment, and wealth management services
-
Swedfund, Randvest CapitalÌý&²¹³¾±è;Ìý
75/100
4th
Logo for Citizens Bank
Citizens Bank
1828, Providence (United States), Public
Commercial bank
-
71/100
5th
Logo for KeyBank
KeyBank
1849, Cleveland (United States), Public
Regional bank
-
71/100
6th
Commercial bank
-
71/100
7th
Logo for First National Bank
First National Bank
1864, Pittsburgh (United States), Public
Commercial bank
$56.3M
71/100
8th
Logo for Citi
Citi
1812, New York City (United States), Public
Commercial bank
-
ValueAct Capital, Ìý&²¹³¾±è;Ìý
71/100
9th
Logo for United Community Bank
United Community Bank
1950, Blairsville (United States), Acquired
Commercial bank
$380M
70/100
10th
Logo for Scotiabank
Scotiabank
1832, Toronto (Canada), Public
Commercial bank
-
70/100
50th
Logo for Wells Fargo
Wells Fargo
1852, San Francisco (United States), Public
Provider of diverse financial services and online banking
-
, Appaloosa ManagementÌý&²¹³¾±è;Ìý
62/100
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Wells Fargo's Investments and acquisitions

Wells Fargo has made 351 investments in companies including Octaura and Chomps. Wells Fargo has also acquired 16 companies including and . Here is the list of investments & acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 10, 2025
Investments
2022
New York City, United States
Apr 24, 2025
Investments
2012
Apr 02, 2025
Investments
2015
Williamsville, United States
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Reports related to Wells Fargo

Here is the latest report on Wells Fargo's sector:
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News related to Wells Fargo

Media has covered Wells Fargo for a total of 548 events in the last 1 year, 198 of them have been about company updates and 29 about people movement.
•
Investing•Jun 19, 2025•, Wells Fargo, Deutsche Bank, Barclays and 3 others
•
Commercial Observer•Jun 19, 2025•Wells Fargo, Gotham
•
Mining Stock Education•Jun 19, 2025•Southwest Gas Holdings, , , J P Morgan and 9 others
•
Global FinTech Series•Jun 19, 2025•i2i Logic, Wells Fargo
•
AlleyWatch•Jun 18, 2025•Octaura, Bank of America, Citi, Moody's and 5 others
•
GlobeNewswire•Jun 17, 2025•Kimco Realty, Wells Fargo, BNP Paribas, PNC and 12 others
•
Commercial Observer•Jun 17, 2025•PSP Investments, Hoffman & Associates, Madison Marquette, Wells Fargo and 2 others
•
Mining Stock Education•Jun 17, 2025•Southwest Gas Holdings, , , J P Morgan and 11 others
•
MarketBeat•Jun 13, 2025•, Wells Fargo
•
MarketBeat•Jun 11, 2025•Trustco, Wells Fargo
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