GFT and Fidor join forces for mobile banking app development
Following a joint project with O2 to create Germany’s first mobile-only, full-service bank account, GFT Technologies and Fidor have entered a broader “strategic innovation partnership”. The focus is on developing mobile financial and banking apps, and marketing/selling Fidor’s proprietary technology, Fidor Operating Systems (fOS).
Fidor and GFT will work together at GFT’s Digital Innovation Labs. They “will employ agile development to make the prototypes market-ready” – to put the resulting products on the market ASAP.
“We’ll be pursuing new paths together primarily in the areas of prototyping and international sales,” says Matthias Kröner, CEO of Fidor.
He adds that “both parties had very positive experiences together during our first cooperation, O2 banking. It’s simply a matter of logic to continue working together”.
The O2 banking app is now available in the Apple Store.
GFT specialises in tech solutions, integration and consultancy in the financial services space. It has 4,500 employees in 12 countries.
“Everything revolves around co-innovation,” comments Marika Lulay, COO of GFT.
As of July this year, Fidor is owned by France’s second largest banking group, BPCE.