BBVA vs Cloudflare: Founders, CEOs and History
BBVA was founded in 1857 by Bilbao Board of Trade and is led by Onur Genç. Cloudflare was founded in 2009 by Matthew Prince, Michelle Zatlyn, Lee Holloway and is led by Matthew Prince.
Company facts
BBVA
- Founded
- 1857
- Headquarters
- Madrid, Spain
- Current CEO
- Onur Genç
- Employees
- 127,174
Cloudflare
- Founded
- 2009
- Headquarters
- San Francisco, California
- Current CEO
- Matthew Prince
- Employees
- 5,156
Founders
BBVA
Bilbao Board of Trade
No individual is recorded as the founder of BBVA's oldest institution. Banco de Bilbao was created in 1857 after the Bilbao Board of Trade, the body representing the port city's merchants, promoted a bank that could issue banknotes and discount commercial bill…
Cloudflare
Matthew Prince
Matthew Prince is Cloudflare's co-founder, CEO, and board chair. In 2004 he and Lee Holloway built Project Honey Pot, which let website owners track spammers harvesting email addresses but could not stop them.
Michelle Zatlyn
Michelle Zatlyn is Cloudflare's co-founder, President, and Chief Operating Officer, and a member of its board. She met Matthew Prince at Harvard Business School, where the two developed the business plan that became Cloudflare in 2009.
Lee Holloway
Lee Holloway co-founded Cloudflare in 2009 and was its first lead engineer and systems architect. He had earlier built Project Honey Pot with Matthew Prince starting in 2004, and he designed much of Cloudflare's early software infrastructure.
CEOs and their tenures
BBVA
- Pedro Luis Uriarte1999–2001
Chief Executive Officer
Chief executive and vice chairman of BBV from September 1994 and of the merged BBVA until he retired at the end of 2001.
Source - Francisco Gonzalez2000–2018
Executive Chairman
Chaired Argentaria before its 1999 merger with BBV and then BBVA until December 2018, 22 years at the head of the group in total. He drove the bank's technology rebuild and the 2007 purchase of Compass Bancshares in the United States.
Source - Jose Ignacio Goirigolzarri2001–2009
Chief Executive Officer
Chief executive of BBVA from 2001 to 2009, the period that covered the USD4.1 billion buyout of the rest of BBVA Bancomer in 2004 and the USD9.6 billion purchase of Compass Bancshares in 2007. He later chaired Bankia and CaixaBank.
Source - Angel Cano2009–2015
Chief Executive Officer
Appointed chief executive in September 2009, replacing Jose Ignacio Goirigolzarri.
Source - Carlos Torres Vila2015–2018
Chief Executive Officer
Chief executive from May 2015 until December 31, 2018, when he became executive chairman and Onur Genc took over as CEO. He had joined BBVA in 2008 to run strategy and corporate development and led digital banking from 2014.
Source - Onur Genc2018–present
Chief Executive Officer
Took over as CEO on December 31, 2018, the day Carlos Torres Vila became executive chairman.
Source
Cloudflare
- Matthew Prince2009–present
Co-Founder, Chief Executive Officer, and Chair
Co-founded Cloudflare in 2009, led it through its September 2019 NYSE IPO, and has grown annual revenue past $2 billion (2025) while expanding from web security into Zero Trust, developer, and AI services.
Source - Michelle Zatlyn2009–present
Co-Founder, President, and Chief Operating Officer
Co-founded Cloudflare in 2009 with Matthew Prince and Lee Holloway and, as President and COO, has led operations and company-building as Cloudflare scaled to more than 5,000 employees.
Source - Thomas Seifert2017–present
Chief Financial Officer
As CFO, he consistently delivered high revenue growth while carefully controlling capital expenditures, allowing Cloudflare to heavily invest in its serverless Edge computing network.
Source
Timeline: BBVA and Cloudflare side by side
1857BBVA
Banco de Bilbao is created
Bilbao's Board of Trade promotes the creation of Banco de Bilbao as a bank of issue and discount for the city's merchants. It is the oldest institution in BBVA's corporate line.
1901BBVA
Banco de Vizcaya is founded
Banco de Vizcaya is founded in Bilbao and grows alongside Banco de Bilbao as the second large Basque bank, financing regional industry.
1988BBVA
Banco de Bilbao and Banco de Vizcaya merge
The two Basque rivals merge to form Banco Bilbao Vizcaya (BBV), one of the largest banks in Spain ahead of the European single market.
1999BBVA
BBV merges with Argentaria to create BBVA
BBV merges with Argentaria, the group Spain had assembled from state-owned lenders such as Banco Exterior, Banco Hipotecario and Caja Postal, forming Banco Bilbao Vizcaya Argentaria.
2000BBVA
BBVA takes control of Bancomer in Mexico
BBVA capitalizes Bancomer with USD1.4 billion and merges it with BBV-Probursa to create Grupo Financiero BBVA Bancomer, the largest bank in Mexico.
2004BBVA
BBVA bids for the rest of BBVA Bancomer
BBVA offers USD4.1 billion in cash for the roughly 41 percent of BBVA Bancomer held by minority investors, ending with about 99 percent of the Mexican group.
2007BBVA
Compass Bancshares purchase builds a US franchise
BBVA buys Compass Bancshares of Birmingham, Alabama for USD9.6 billion, creating a Sunbelt retail bank that later traded as BBVA Compass and BBVA USA.
2009Cloudflare
Cloudflare Founded
Matthew Prince, Michelle Zatlyn, and Lee Holloway founded Cloudflare, building on the Project Honey Pot spam-tracking project.
2010BBVA
BBVA agrees to buy 24.9 percent of Garanti
BBVA agrees to pay ~$4.74 billion (EUR4.195 billion), about USD5.84 billion, for 24.9 percent of Turkiye Garanti Bankasi, funded with a rights issue of about $5.65 billion (EUR5 billion).
2010Cloudflare
TechCrunch Disrupt Launch
Cloudflare launched publicly at TechCrunch Disrupt in San Francisco in September 2010, offering free website protection and acceleration.
2014BBVA
BBVA wins the auction for Catalunya Banc
BBVA bids ~$1.34 billion (EUR1.187 billion) for Catalunya Banc, with 1.5 million customers and ~$71.2 billion (EUR63 billion) of assets, in the auction run by Spain's bank restructuring fund. The deal closed in 2015.
2014Cloudflare
Universal SSL and Project Galileo
Cloudflare gave free SSL certificates to all customers with Universal SSL and launched Project Galileo to protect at-risk nonprofits and journalists for free.
2017Cloudflare
Cloudflare Workers Announced
Cloudflare introduced Workers, a serverless platform built on V8 isolates that lets developers run code across its network.
2018BBVA
Onur Genc is named CEO
BBVA's board designates Onur Genc as chief executive from December 31, 2018, the date Carlos Torres Vila replaces Francisco Gonzalez as executive chairman.
2019BBVA
BBVA unifies its brand worldwide
The group drops local names such as BBVA Bancomer, BBVA Francés, BBVA Continental and BBVA Compass and operates as BBVA in every market.
2019Cloudflare
NYSE IPO
Cloudflare completed its IPO on the New York Stock Exchange under the ticker NET in September 2019 at $15 per share, raising about $525 million.
2020Cloudflare
Cloudflare One Launched
Cloudflare bundled its Zero Trust access, secure web gateway, and network services into Cloudflare One, its SASE platform.
2021BBVA
BBVA closes the transfer of BBVA USA to PNC
BBVA completes the transfer of BBVA USA Bancshares to PNC Financial Services on June 1, 2021, receiving about USD11.5 billion, equivalent to ~$10.8 billion (EUR9.6 billion), in cash.
2022BBVA
Tender offer lifts the Garanti stake to 85.97 percent
A tender offer at 15 Turkish lira per share closes in May 2022 and raises BBVA's holding in Garanti BBVA to 85.97 percent.
2022Cloudflare
Area 1 Security and R2 General Availability
Cloudflare acquired email security company Area 1 Security for about $162 million and made R2 zero-egress object storage generally available.
2024Cloudflare
Revenue Reaches $1.67 Billion
Cloudflare reported 2024 revenue of $1.67 billion and free cash flow of $166.9 million.
2025BBVA
The offer for Banco Sabadell lapses
Shareholders representing 25.47 percent of Sabadell's voting rights accept BBVA's all-share offer, short of the minimum BBVA required, and the bid lapses on October 16, 2025.
2025BBVA
Record net attributable profit of ~$11.9B (EUR10.511B)
BBVA reports gross income of ~$41.7B (EUR36.931B) and net attributable profit of ~$11.9B (EUR10.511B) for 2025, with ROTE of 19.3 percent and an efficiency ratio of 38.8 percent.
2025Cloudflare
Revenue Passes $2 Billion
Cloudflare reported 2025 revenue of $2.17 billion (+29.8%) and closed its largest contract ever, averaging $42.5 million per year in ACV.
2026BBVA
BBVA is ordered to stand trial in the Villarejo case
Spain's National Court orders BBVA, former chairman Francisco Gonzalez and 14 other defendants to stand trial over work commissioned from former police commissioner Jose Manuel Villarejo between 2004 and 2016.
2026Cloudflare
VoidZero Acquisition and Growth Acceleration
Cloudflare acquired VoidZero, the company behind the Vite JavaScript tooling ecosystem, in June 2026 and reported Q2 2026 revenue growth of 36%.
Acquisitions
BBVA
- Turkiye Garanti Bankasi tender offer (Turkey)2022Undisclosed
- Catalunya Banc (Spain)2014Undisclosed
- Turkiye Garanti Bankasi 24.9 percent stake (Turkey)2010$5.8B
- Compass Bancshares (United States)2007$9.6B
- BBVA Bancomer minority shares (Mexico)2004$4.1B
- Grupo Financiero Bancomer (Mexico)2000$1.4B
Cloudflare
- Human Native2026Undisclosed
- Astro Technology Company2026Undisclosed
- VoidZero2026Undisclosed
- Replicate2025Undisclosed
- Nefeli Networks2024Undisclosed
- Baselime2024Undisclosed
Questions about BBVA vs Cloudflare
Who is the CEO of Banco Bilbao Vizcaya Argentaria, S.A. and Cloudflare, Inc.?
Banco Bilbao Vizcaya Argentaria, S.A. is led by Onur Genç and Cloudflare, Inc. is led by Matthew Prince. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Banco Bilbao Vizcaya Argentaria, S.A. founded vs Cloudflare, Inc.?
Banco Bilbao Vizcaya Argentaria, S.A. was founded in 1857 — 152 years before Cloudflare, Inc., which was founded in 2009. Banco Bilbao Vizcaya Argentaria, S.A.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Cloudflare, Inc..
How many employees does Banco Bilbao Vizcaya Argentaria, S.A. have compared to Cloudflare, Inc.?
Banco Bilbao Vizcaya Argentaria, S.A. employs approximately 127,174 people, while Cloudflare, Inc. employs approximately 5,156. Banco Bilbao Vizcaya Argentaria, S.A. has the larger workforce at 127,174 employees, compared to Cloudflare, Inc.'s 5,156. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Banco Bilbao Vizcaya Argentaria, S.A. and Cloudflare, Inc. headquartered?
Banco Bilbao Vizcaya Argentaria, S.A. is headquartered in Spain and Cloudflare, Inc. is headquartered in United States. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Banco Bilbao Vizcaya Argentaria, S.A. and Cloudflare, Inc.?
Banco Bilbao Vizcaya Argentaria, S.A. was founded by Bilbao Board of Trade. Cloudflare, Inc. was founded by Matthew Prince, Michelle Zatlyn, Lee Holloway.
Which company has a longer operating history — Banco Bilbao Vizcaya Argentaria, S.A. or Cloudflare, Inc.?
Banco Bilbao Vizcaya Argentaria, S.A. has been operating for approximately 169 years, making it the more established of the two companies. Cloudflare, Inc. has been in operation for around 17 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the BBVA vs Cloudflare overview