fidor bank

Based in Munich, Germany, Fidor Bank AG received its banking license in 2009 and started operations in 2010 offering a variety of banking services uniquely adapted for e-commerce, mobile and the social web. The bank’s flagship FidorPay account targets e-merchants with a one-stop solution that covers both merchant and customer needs and provides a convenient cash management solution and a FidorPay Mastercard for POS transactions and cash withdrawls.

FidorPay allows customers to send money to email addresses, mobile phone numbers or even twitter users at low or no cost and customers can also manage peer-to-peer lending, crowd-funding, foreign exchange and precious metals all from the same platform. The unique Fidor Bank Community has over 60,000 members who can share their finance- related ideas and experiences while earning bonus rewards from Fidor for those recognized by the Community as adding the most value.