Fidor Bank: Europe’s original digital challenger bank
Launched in 2009 in Germany, Fidor Bank aimed to become the world’s first “fintech bank,” pioneering the collaboration between traditional financial services and technology businesses. Its ambitious vision was a fully digital bank, with no physical branches, offering its customers an enhanced, personalized banking experience, as well as active participation in the bank’s decisionmaking processes.
In order to achieve its objectives, Fidor Bank needed to offer agile products and services, as well as an open API structure to allow for an ever-growing offering to support its innovative services. This meant being supported by worldbeating front and middleware technology for web and mobile, and modules to support its various offers, including Daily Banking, Onboarding & Subscription, Loyalty and Rewards, Community, Loan Origination and Marketplace.
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