South Africa · Investor

Rand Merchant Bank

Last cheque observed Jun 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Investment firmQuiet

DebtBanking

Cheques on record
0%of best year0cheques in 12 months, 1 on record
Since the last cheque493days00hrs00min00sec
Median round$137MRounds led1 of 1
Pitch Rand Merchant Bank

Rand Merchant Bank highlights

  1. 01

    1 rounds on record

  2. 02

    Mostly Debt: 100% of its rounds

  3. 03

    Led 1 rounds

What they do

Type
Investment firm (from a list, unverified)
Cheque size
Not stated
Sectors
Banking
Based in
Johannesburg, South Africa
Cold pitches
Not stated

The record

Every round we can evidence, newest first1 appearances

  1. 2025

    1 round

  2. Jun
    WaveDebt · SN · TechCabal$137MLed

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 3 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Funds they back

2 fund commitments on record

Managers
1

Every fund on record that it has committed money to, and the managers who invest it.Source: fund news.

What they claim to have backed

From their own portfolio page (on their website)

2 of 14 we have independently watched raise

BEERMB VenturesCareer opportunitiesEthics Reporting LineFNB CIBPre-arranged visitsRMB BotswanaRMB IndiaRMB NamibiaRMB NigeriaRMB Private BankRMB UKRMB USARMB USA Securities

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Recently backed

The latest companies Rand Merchant Bank put money into.

Quick answers about Rand Merchant Bank

What does Rand Merchant Bank invest in?

Rand Merchant Bank invests most often at Debt (100% of the rounds on record), in sectors such as Banking.

How active is Rand Merchant Bank?

1 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Jun 2025.

What has Rand Merchant Bank invested in recently?

Its most recent investments on record: Wave (Debt, Jun 2025).

How big are Rand Merchant Bank's cheques?

The median round it joins is $137M.

Is Rand Merchant Bank investing now?

No investments in the last 12 months; the latest was in Jun 2025.

What kind of investor is Rand Merchant Bank?

Rand Merchant Bank is an investment firm based in Johannesburg, South Africa.

When was Rand Merchant Bank founded?

Rand Merchant Bank was founded in 1977.

Where does this information on Rand Merchant Bank come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it