Fidor Bank
IndustryBanking
Founded2009 (2009)
Headquarters
Munich
,
Germany
Key people
Boris Joseph (CEO), Pascal Cirelli (CFO/CRO), Stefan Spannagl (COO/CIO)
ProductsFinancial services
Number of employees
347 (2018)
Websitewww.fidor.de

Fidor Bank is a German online bank,[1] founded in 2009. In 2015, it started a market foray into the UK.[2][3][4][5]

In July 2016, it was announced that Fidor Bank was being acquired by France's Groupe BPCE for €100m.[6] As of September 2016, Fidor Bank continued to operate under its own branding.[7]

On 1 July 2019 Fidor Bank announced that it would suspend its services in the UK on 15 September 2019 owing to uncertainties about the UK market.[8]

References

  1. ↑ "Cloud is silver lining for German online bank Fidor". Financial Times. 28 January 2014.
  2. ↑ Wallace, Tim (18 September 2015). "German bank Fidor launches in Britain". The Telegraph. Retrieved 2020-12-22.
  3. ↑ Rupert Jones (21 January 2016). "German bank Fidor steps up fight for UK current accounts". The Guardian.
  4. ↑ Williams-Grut, Oscar (17 September 2015). "Interview with Fidor Bank CEO as it launches in UK - Business Insider". Business Insider. Archived from the original on 7 December 2015. Retrieved 1 April 2016.
  5. ↑ Flinders, Karl (18 September 2015). "Fidor bank launches in the UK". ComputerWeekly.
  6. ↑ Flinders, Karl (2019-10-14). "French and German banks end talks on challenger bank sale". Computer Weekly. Retrieved 2021-01-10.
  7. ↑ "Fidor Bank acquired by BPCE". Financial Times. Retrieved September 23, 2016.
  8. ↑ "Is Brexit to blame for Fidor Bank's UK exit?". efma.com. 10 July 2019. Retrieved 2020-12-22.

48°08′59″N 11°33′23″E / 48.1496°N 11.5565°E / 48.1496; 11.5565

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.