Fidor Bank AG
Fidor Smart Current Account
A free bank account built around an Application Programming Interface (API), the Fidor Smart Current Account supplements classic account services with internet payments and innovative banking products. The integrated API platform allows customers and partners to directly connect their computer systems with those of Fidor Bank. The open financial ecosystem provides app partners the ability to continuously increase the range of products and service that enable customers to select products and services they want from either Fidor Bank or third-party providers. The steadily growing range of products guarantees a modern banking experience that helps deepen existing customer relationships and attract new customers. Features include credit transfers via Twitter, social lending, social trading in virtual currencies and a wide range of cutting-edge products that go well beyond traditional banking services.
As of February 2015, Fidor Bank has achieved more than 75,000 fully legitimate banking customers, up from 25,000 three years prior and approximately 270,000 German users on its Fidor online community up from 160,000 at the beginning of 2013. It is an extraordinary growth for a digital bank that focuses on social banking with no branch network or internal advisers.