fino is a german FinTech startup that provides banks services like a digital account switching service. The service allows customers to switch their account within 8 minutes. Through the digitalization of the process, no more paperwork is needed which ultimately results in cost and time savings for both, the bank and customer. Leading german banks such as Commerzbank, Sparkasse and Volksbanken- already use fino as a white-label service in their online banking system. The company was founded in 2015 by Florian Christ, employs currently 23 people and was voted as one of the top 10 german FinTech Startups in January 2016. Banks integrate our SaaS technology into their online banking system, which allows new customers to easily move their old account to the new bank. The bank pays a commission fee for every successful account switch. The end user can use our service for free. Our technology saves cost and time for banks and customers. Our service disrupts this process and requires 0 human interaction between new customers and the bank. Relevant payment partners are identified with an algorithm and matches them with our database (>500.000 businesses in Germany).
Name CEO: Florian Christ
Founded in: 2015
Company Twitter: @fino_digital
Category: Innovative Banking Software
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