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fidomoney is a fintech company that provides innovative solutions to its clients. Founded in 2019 in York, England, the company comprises a team of skilled financial experts who bring valuable insights from their previous work in commercial and retail banking. With a growing team, fidomoney operates in various countries, including the U.K., U.S.A., Belgium, and Macedonia. The company’s dedication to financial crime and anti-money laundering (AML) underlines its promise to safeguard its clients’ financial transactions.
What’s on offer?
fidomoney offers customized financial solutions tailored for small businesses and startups. The company understands that each business is unique and, therefore, provides tailored solutions to cater to their specific needs. Among its primary products is a business current account with a wide range of payment services. With fidomoney, businesses have the freedom to choose which payment services they need, and they only pay for the services they use. This approach offers businesses the necessary tools to manage their finances while keeping costs low. By offering personalized and intelligent solutions, fidomoney sets itself apart from traditional banking institutions and provides businesses with a more efficient and tailored financial experience.
Customers can expect their business current accounts to include all of the following features:
- Amazing customer support
- U.K. IBAN account
- Dedicated account manager
- A solution to suit each customer
- No frozen funds or blocked accounts: you can rely on fidomoney to always keep your money safe and accessible
- International payments, making it easy to do business with clients and partners around the world
- State-of-the-art transaction monitoring and fraud prevention
- Technology using the latest machine learning and AI technology
- Receive and send payments in seconds
- Low fees and exclusive exchange rates
- Offices in the U.K., EU, and U.S.
- Business debit cards
- Merchant payment services
Better solutions
In addition to its business current accounts and payment services, fidomoney partners with third-party payment service providers to offer card payment solutions through payment gateways. These solutions cater to businesses with varying risk levels, from low to high. By partnering with multiple providers, fidomoney can offer businesses a range of options to choose from, allowing them to find the solution that works best for their needs.
The company also offers ‘open banking,’ which is a way for merchants to accept payments directly from their customers via bank transfer. This method is faster, more secure, and often more cost effective than traditional card processing methods. Open banking eliminates the need for card acceptance, making it a convenient and efficient option for businesses looking to streamline their financial transactions. By offering this and other innovative solutions, fidomoney is helping businesses take control of their finances and operate more effectively.
fidomoney has had a promising and successful journey to date, and the completion of its 2021 and 2022 audits is a major accomplishment. The past two years have been particularly strong for the company, with 2021 being especially impressive. By finalizing these audits, the company is demonstrating its dedication to transparency and accountability. This is a key factor in building trust with stakeholders, including investors and clients, as it shows the company’s commitment to providing accurate and reliable financial information.
Excellent services
fidomoney understands that its customers are the key to success. The company puts customer needs first, always, taking the time to listen to their concerns, understanding their unique circumstances, and providing personalized solutions that meet their needs. Being a people company means simplifying complex financial matters, and that’s precisely what fidomoney aims to do. It provides clear, jargon-free explanations of its services and helps customers make informed decisions that will benefit their financial future.
Accessibility is also a key element for fidomoney. The brand offers multiple channels for customers to reach out, including online chat, phone support, and in-person consultations. Members of the team are available to answer questions, offer guidance, and provide the support that customers need to achieve their financial goals.
Growth and expansion
As fidomoney continues to find innovative solutions to help clients control their finances, the company is excited to announce that later in 2023, it will be offering EUR accounts next to the already available GBP accounts. Clients can make and receive SEPA payments in EUR with this account within the European region while offering USD and CHF accounts, available for clients with all additional currencies on one login. These new services will allow the company to offer a wider range of financial services to clients and will help the company to further expand its reach.
In addition to launching new services, fidomoney is also working on acquiring an EU license. This license will allow the company to operate in the EU and will provide its clients with greater security, whilst also reaching a larger customer base in the region. It will give customers more confidence in the company’s ability to provide secure and compliant financial services. Furthermore, it will allow fidomoney to participate in the EU financial market, compete with established players, and offer a wider range of financial products and services to meet the advancing needs of its customers. This will help retain existing customers and attract new ones, which can result in long-term growth and stability.
The company has continued to grow and is in a strong position to take on the challenges of 2023 and beyond. The company is on track to becoming a leading provider of financial services. With its strong performance in 2021 and 2022, its investment in technology and stability, and its plans for 2023, fidomoney is poised for continued success.
At a glance
fidomoney offers intelligent, tailor-made solutions based around the start-ups and small businesses it serves
Year Established: 2019
Contact: hello@fidomoney.com