Fidor Bank

Fidor Bank was a German direct bank that operated from 2009 until it ceased operations in July 2023.^[1][2]

Fidor Bank

Company type	Private company
Industry	Financial services
Founded	2009 (2009)
Defunct	2023 (2023)
Fate	Closed down by parent
Headquarters	Munich , Germany
Area served	Germany, United Kingdom
Key people	Boris Joseph (CEO), Pascal Cirelli (CFO/CRO), Stefan Spannagl (COO/CIO)
Products	Online banking, banking services
Owner	Groupe BPCE
Number of employees	347 (2018)
Website	www.fidor.de [dead link]

History

The bank was founded in 2009 in Munich, Germany.

In 2015, it made 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]