Fidor_Bank

Fidor Bank

Fidor Bank

German online bank

Fidor Bank was a German online bank,[1] founded in 2009. It ceased operations in July 2023.[2]

Quick Facts Industry, Founded ...

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

  1. [1]
    "Cloud is silver lining for German online bank Fidor". Financial Times. 28 January 2014.
  2. [2]
    Christian Kirchner (2023-02-09). "Fidor startet Liquidation. Kunden sollen via Check24 vermittelt werden". finanz-szene.de. Retrieved 2023-02-15.
  3. [3]
    Wallace, Tim (18 September 2015). "German bank Fidor launches in Britain". The Telegraph. Retrieved 2020-12-22.
  4. [4]
    Rupert Jones (21 January 2016). "German bank Fidor steps up fight for UK current accounts". The Guardian.
  5. [5]
    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.
  6. [6]
    Flinders, Karl (18 September 2015). "Fidor bank launches in the UK". ComputerWeekly.
  7. [7]
    Flinders, Karl (2019-10-14). "French and German banks end talks on challenger bank sale". Computer Weekly. Retrieved 2021-01-10.
  8. [8]
    "Fidor Bank acquired by BPCE". Financial Times. Retrieved September 23, 2016.
  9. [9]
    "Is Brexit to blame for Fidor Bank's UK exit?". efma.com. 10 July 2019. Retrieved 2020-12-22.
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