“Why should we do what the traditional banks do? If we did that, there wouldn’t be any innovation.” This is the mindset of Matthias Kröner, CEO and one of the founders of Fidor Bank in Germany.
The Fidor Bank model is based on Web 2.0 and social media, e-commerce, games and mobile internet, the four key areas that Fidor’s founders see as becoming more and more popular among customers.