Fidor Bank is a German online bank, founded in 2009. In 2015, it started a market foray into the UK.
In July 2016, it was announced that Fidor Bank was being acquired by France's
Groupe BPCE
Groupe BPCE (for Banque Populaire Caisse d'Epargne) is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth largest ...
for €100m. As of September 2016, Fidor Bank continued to operate under its own branding.
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.
References
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Online banks
2016 mergers and acquisitions