The mobile bank founded by neo bank veterans is targeting the affluent global customers with household incomes greater than USD 100,000. Aeldra offers access to US banking and investment with an exclusive ‘digital private banking’ experience to international customers.
As a result of the collaboration, Aeldra's US resident and non-resident international customers can open an FDIC-insured US bank account with a Global Mastercard Debit card in five minutes on a mobile, according to the official announcement. Furthermore, i2c’s international capabilities across North America, Europe, and Asia, will enable Aeldra to expand to offer banking services in Canada, UK, and beyond.
Aeldra was founded by Shanker, Venkat Gopalakrishnan, Anil Kumar N.S., repeat entrepreneurs with about 20 years of experience spanning banking and technology. The founding team has launched similar banking products previously, including Goldman Sachs' consumer bank, Marcus.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.