About Fidor Bank
Fidor Bank is a company based in Munchen (Germany) founded in 2003 was acquired by Groupe BPCE in July 2016.. Fidor Bank has raised $15.05 million across 3 funding rounds from investors including Anthemis Group, JZ International and XAnge. The company has 118 employees as of December 31, 2019. Fidor Bank offers products and services including Inquiry Service. Fidor Bank operates in a competitive market with competitors including Revolut, Euronet Worldwide, Bunq, insha and Brygge, among others.
- Headquarter Munchen, Germany
- Employees 118 as on 31 Dec, 2019
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fg Management Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.05 M (USD)
in 3 rounds
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Latest Funding Round
$8.01 M (USD), Series B
Aug 20, 2013
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Investors
Anthemis Group
& 3 more
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Employee Count
118
as on Dec 31, 2019
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Acquired by
Groupe BPCE
(Jul 28, 2016)
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Products & Services of Fidor Bank
Fidor Bank offers a comprehensive portfolio of products and services, including Inquiry Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles requests for former banking account details
Funding Insights of Fidor Bank
Fidor Bank has successfully raised a total of $15.05M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $8.01 million completed in August 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $8.0M
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First Round
First Round
(04 Nov 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2013 | Amount | Series B - Fidor Bank | Valuation |
investors |
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| Oct, 2011 | Amount | Series A - Fidor Bank | Valuation |
investors |
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| Nov, 2008 | Amount | Series A - Fidor Bank | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fidor Bank
Fidor Bank has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Anthemis Group, JZ International and XAnge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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JZ International is involved in unspecified business activities.
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Founded Year | Domain | Location | |
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Early and growth-stage startups are funded by Anthemis Group.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fidor Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fidor Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fidor Bank Comparisons
Competitors of Fidor Bank
Fidor Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Revolut, Euronet Worldwide, Bunq, insha and Brygge, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Banking solutions are provided for retail customers and businesses.
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| domain | founded_year | HQ Location |
Electronic payments and transaction processing solutions are offered globally.
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| domain | founded_year | HQ Location |
Digital banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Interest-free Sharia-compliant digital banking services are offered to users.
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| domain | founded_year | HQ Location |
Financial services are provided by Brygge in Europe.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fidor Bank
Frequently Asked Questions about Fidor Bank
When was Fidor Bank founded?
Fidor Bank was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Where is Fidor Bank located?
Fidor Bank is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Fidor Bank a funded company?
Fidor Bank is a funded company, having raised a total of $15.05M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.48M, raised on Nov 04, 2008.
How many employees does Fidor Bank have?
As of Dec 31, 2019, the latest employee count at Fidor Bank is 118.
What does Fidor Bank do?
Fidor Bank was founded in 2003 in Munich, Germany, where digital banking operations are conducted for individuals and businesses. Services encompass savings and business accounts, mobile payments, global money transfers, and prepaid cards used for cash withdrawals, purchases, and bill payments. Peer-to-peer lending, social trading applications, and foreign currency accounts are included. Public APIs are offered to account holders for accessing production accounts, including current, savings, segregated, and escrow types.
Who are the top competitors of Fidor Bank?
Fidor Bank's top competitors include Revolut, Euronet Worldwide and Bunq.
What products or services does Fidor Bank offer?
Fidor Bank offers Inquiry Service.
Who are Fidor Bank's investors?
Fidor Bank has 4 investors. Key investors include Anthemis Group, JZ International, XAnge, and Groupe BPCE.