Paywards Kraken teams up with Fidor Bank

Thursday 10 October 2013 11:01 CET | News

Payward, the developer of the Kraken digital currency exchange, has unveiled plans to partner with Fidor Bank, a Germany-based financial institution, to provide Kraken’s customers in the EU with access to a suite of traditional financial services.

Under the terms of the agreement, Kraken is set to become Fidor Bank’s exclusive provider of digital currency trading and payment services throughout the EU (except in the German market, where Fidor has a limited existing partnership with a German exchange).

Kraken, Payward’s digital currency exchange and trading platform, is also focused on providing regulatory compliance to traders in digital currencies like Bitcoin, Ripple, and Ven.

Fidor Bank is an internet-based direct bank which is set to address private and corporate clients with FidorPay. The FidorPay account is a primary bank account, offering a combination of a classical bank account with internet payments and banking services.

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Keywords: Payward, Kraken, Fidor Bank, online banking, digital currency exchange, EU
Categories: Banking & Fintech | Online & Mobile Banking
Countries: World
This article is part of category

Banking & Fintech