Banking

CIT Group

CIT Group raises $12B Public at $14B valuation

$12B
Total Raised
Public
Latest Round
1908
Founded
8000+
Employees
11 West 42nd Street, New York, NY 10036
1 min read

Quick Facts

Valuation
$14B
Latest Round Size
$12B
Latest Round Date
January 2024

CIT Group: Public Funding Round

CIT Group has successfully raised $12B in Public funding, reaching a valuation of $14B.

Company Overview

Bank holding company

Funding Details

The Public round was led by First Citizens Bank.

Company Information

  • Headquarters: 11 West 42nd Street, New York, NY 10036
  • Founded: 1908
  • Employees: 8000+
  • Category: Banking

Investment

CIT Group plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • First Citizens Bank: Verified investor in Public

Key Investors

First Citizens Bank
Lead Investor
Verified investor in Public

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources