Fidor Bank won silver in the category of “Best New Business Ecosystem” at the Efma Accenture Awards, held last night. 

The awards are part of the Efma - Accenture Banking Innovation Programme which aims to identify and celebrate the most innovative projects in the retail banking sector globally. The competition for this category was fierce this year, and the winners were decided by public voting. 

Fidor Bank wants to re-establish lost confidence in banking with new and customer-focused services and wants to foster a new approach to financial services in the digital age. Traditional banks do not reflect their customers’ needs in this current digital era. Fidor Bank believes in openness, fairness, and involving customers in their decision-making process. Fidor Bank has defined a completely new banking relationship for digitally-savvy consumers and business customers. 

Fidor Bank received its full banking licence in May 2009 and started business in December 2009 in Germany. It launched into the UK in 2015 and it has over 200,000 members. 

Matthias Kröner, CEO, Fidor Group said: “We’re thrilled to have been recognised as one of the best new business ecosystems within banking. We at Fidor pride ourselves on the community we’ve built and that continues to serve as the driving force behind the bank. As we continue moving toward a digital, cashless society, I’m excited to see how our customers help us evolve and keep ahead of trends, ensuring we’re always the best in the business.”