Insights

Digital Innovation Leadership Parallex Bank's recognition as a leading digital innovator and customer-centric bank presents opportunities to offer advanced fintech solutions, digital security tools, and customer engagement platforms to enhance their technological edge.

Mobile Banking Adoption With the launch of their Mobile App 2.0 featuring biometric authentication and instant account creation, there is potential to provide up-to-date mobile banking technologies, security enhancements, and user experience optimization services.

Market Expansion Strategy The recent expansion into Lagos indicates ongoing growth efforts; sales strategies could focus on offering branch network infrastructure, regional marketing solutions, and localized digital services to support their market penetration.

Leadership Recognition The CEO's award for integrity and leadership reflects a strong executive vision, opening opportunities for executive consulting, leadership development tools, and corporate training solutions aligned with their strategic goals.

Funding and Revenue Growth With moderate revenue and a significant funding influx, the bank may be receptive to scalable financial technologies, cloud infrastructure, and fintech partnerships aimed at growth acceleration and innovative product offerings.

Parallex Bank Tech Stack

Parallex Bank uses 8 technology products and services including LiteSpeed Cache, Shopify, WooCommerce, and more. Explore Parallex Bank's tech stack below.

  • LiteSpeed Cache
    Caching
  • Shopify
    E-commerce
  • WooCommerce
    E-commerce
  • Underscore.js
    Javascript Libraries
  • Swiper
    Javascript Libraries
  • Red Hat
    Operating Systems
  • Imperva
    Security
  • Google Analytics
    Web Analytics

Media & News

Parallex Bank's Email Address Formats

Parallex Bank uses at least 1 format(s):
Parallex Bank Email FormatsExamplePercentage
First.Last@parallexbank.comJohn.Doe@parallexbank.com
77%
Last.First@parallexbank.comDoe.John@parallexbank.com
17%
First.Middle@parallexbank.comJohn.Michael@parallexbank.com
4%
FirstMiddleLast@parallexbank.comJohnMichaelDoe@parallexbank.com
2%

Frequently Asked Questions

What is Parallex Bank's official website and social media links?

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Parallex Bank's official website is parallexbank.com and has social profiles on LinkedInCrunchbase.

What is Parallex Bank's NAICS code?

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Parallex Bank's NAICS code is 52211 - Commercial Banking.

How many employees does Parallex Bank have currently?

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As of January 2026, Parallex Bank has approximately 506 employees across 3 continents, including AfricaEuropeNorth America. Key team members include Chief Human Resources Officer: P. M. S.Chief Information Security Officer: A. A. C.Chief Risk Officer (cro): E. N.. Explore Parallex Bank's employee directory with LeadIQ.

What industry does Parallex Bank belong to?

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Parallex Bank operates in the Banking industry.

What technology does Parallex Bank use?

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Parallex Bank's tech stack includes LiteSpeed CacheShopifyWooCommerceUnderscore.jsSwiperRed HatImpervaGoogle Analytics.

What is Parallex Bank's email format?

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Parallex Bank's email format typically follows the pattern of First.Last@parallexbank.com. Find more Parallex Bank email formats with LeadIQ.

How much funding has Parallex Bank raised to date?

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As of January 2026, Parallex Bank has raised $10M in funding. The last funding round occurred on Mar 30, 2023 for $10M.

Parallex Bank

BankingLagos, Nigeria501-1000 Employees

Parallex Bank Limited

Licensed by Central Bank of Nigeria

Retail or business banking has never been easier.

Section iconCompany Overview

NAICS Code
52211 - Commercial Banking
Employees
501-1000

Section iconFunding & Financials

  • $10M

    Parallex Bank has raised a total of $10M of funding over 1 rounds. Their latest funding round was raised on Mar 30, 2023 in the amount of $10M.

  • $1M$10M

    Parallex Bank's revenue is estimated to be in the range of $1M$10M

Section iconFunding & Financials

  • $10M

    Parallex Bank has raised a total of $10M of funding over 1 rounds. Their latest funding round was raised on Mar 30, 2023 in the amount of $10M.

  • $1M$10M

    Parallex Bank's revenue is estimated to be in the range of $1M$10M

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