Fidor CEO leaves as BPCE sells bank
Matthias Kröener, founder and CEO of digital challenger bank Fidor, is leaving the firm as French giant BPCE attempts to sell the bank.
Computer Weekly reports that Kröener is leaving the company after ten years.
Fidor was put up for sale by French banking giant BCPE in November last year, as we reported back then.
The digital bank was originally acquired in summer 2016, and it seems BPCE never managed to fully integrate Fidor’s digital approach.
Fidor was launched in Germany in 2009 and went on to gain a banking licence in the UK in 2016
“My biggest thanks go to all the employees,” says Kröener. “They have always worked with all their heart and self-sacrifice for the Fidor vision, and together we have certainly written a piece of banking history.”
In February, Kröener told Computer Weekly that the split with BCPE was close. “We are entering the last mile. We will have a clear understanding of our future in March.”
Fidor has around 380,000 account customers and a growing business-to-business (B2B) service where companies buy its technology to offer banking-as-a-service.