Insights

Digital Innovation Parallex Bank's focus on launching and upgrading its mobile app to include features like instant account creation and biometric authentication indicates an openness to adopting advanced digital solutions, presenting opportunities for partnership in fintech integrations and customer engagement platforms.

Market Expansion Recent office expansion in Lagos suggests a strategic effort to grow its physical footprint and customer base in key Nigerian markets, opening prospects for localized banking solutions, branch automation, and community-focused financial services.

Recognition & Credibility Awards for customer-centricity and reputation enhance the bank’s credibility, making it a strong candidate for premium financial products, loyalty programs, and customer experience enhancement services from innovative vendors.

Leadership & Growth Leadership recognition and new board appointments reflect a dynamic governance approach, creating a window for executive-level partnerships in corporate banking, strategic alliances, and leadership development solutions.

Tech Stack & Data Utilization of diverse technologies like Google Analytics, Red Hat, and Imperva indicates a data-driven approach, offering opportunities to introduce advanced analytics, cybersecurity solutions, and cloud services to support their digital growth initiatives.

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 December 2025, Parallex Bank has approximately 491 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 December 2025, Parallex Bank has raised $10M in funding. The last funding round occurred on Mar 30, 2023 for $10M.

Parallex Bank

BankingLagos, Nigeria201-500 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
201-500

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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