Fidor Bank Explained
| Fidor Bank |
| Hq Location City: | Munich |
| Hq Location Country: | Germany |
| Key People: | Boris Joseph (CEO), Pascal Cirelli (CFO/CRO), Stefan Spannagl (COO/CIO) |
| Industry: | Banking |
| Products: | Financial services |
| Num Employees: | 347 |
| Num Employees Year: | 2018 |
Fidor Bank was a German online bank,[1] founded in 2009.It ceased operations in July 2023.[2]
In 2015, it started a market foray into the UK.[3] [4] [5] [6] In July 2016, it was announced that Fidor Bank was being acquired by France's Groupe BPCE for €100m.[7] As of September 2016, Fidor Bank continued to operate under its own branding.[8]
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.[9]
References
48.1496°N 11.5565°W
Notes and References
- Web site: Cloud is silver lining for German online bank Fidor. 28 January 2014. Financial Times. subscription.
- Web site: 2023-02-15 . Christian Kirchner . 2023-02-09 . Fidor startet Liquidation. Kunden sollen via Check24 vermittelt werden . finanz-szene.de.
- Web site: German bank Fidor launches in Britain. 18 September 2015. Tim. Wallace. The Telegraph. 2020-12-22.
- Web site: German bank Fidor steps up fight for UK current accounts. Rupert Jones. 21 January 2016. The Guardian.
- Web site: Interview with Fidor Bank CEO as it launches in UK - Business Insider. Oscar. Williams-Grut. 17 September 2015. Business Insider. live. 1 April 2016. 7 December 2015. https://web.archive.org/web/20151207071515/http://uk.businessinsider.com/fidor-bank-launches-in-the-uk-2015-9.
- Web site: Fidor bank launches in the UK. 18 September 2015. Karl. Flinders. ComputerWeekly.
- Web site: French and German banks end talks on challenger bank sale. 2019-10-14. Karl. Flinders. Computer Weekly. 2021-01-10.
- Web site: Fidor Bank acquired by BPCE. Financial Times. September 23, 2016. subscription.
- Web site: Is Brexit to blame for Fidor Bank's UK exit?. 10 July 2019. efma.com. 2020-12-22.
