Fidor will initially offer its first products including flexible savings bond and money transfer services to British retail customers.
The bank will further extend its services with the introduction of current account, debit card and corporate account in the near future, in addition to integrating third-party services to offer its customers with peer-to-peer lending, crowdfunding platforms as well as investments in multiple currencies.
Customers in the UK will be able to complete their financial transactions within a minute by using Fidor’s select range of ’60-second banking services’.
Fidor Bank CEO Matthias Kröner said: "We’re putting the community at the heart of Fidor. This personalised approach to banking gives every customer a voice in how our bank is run, as well as giving them unprecedented control – setting their own interest rates, or naming the current account card that the bank will use for example, are just some of the options we’ve explored before."
The bank rewards its users for giving and receiving financial advice, as well as evaluating and reviewing financial products and services they are interested in.
Founded in 2009, Fidor Bank provides Internet-based direct banking services for private and business customers.
It offers prepaid mobile phone credit, payment, foreign currency, crowd finance, social trading, and community banking services, as well as banking IT and agency services.
Image: Fidor will initially offer money transfer services to British retail customers. Photo: courtesy of Stuart Miles / FreeDigitalPhotos.net.
